Stockholm, 2013-03-21 08:30 CET (GLOBE NEWSWIRE) --
On Thursday, March 21, Intrum Justitia holds a capital markets day. The main theme for the day will be the strategic journey of the company in recent years and the years ahead. Certain areas of focus will receive particular attention:
• The “Intrum Way” a review of Intrum Justitia’s strategy for becoming the leading full-service supplier of financial and credit management services
• Purchased debt –current operations and future development
• Credit management operations – initiatives to achieve increased efficiency
• Intrum Justitia Finans – the Group’s new unit for financial services early in the payment chain
• Risk management – new initiatives to further develop the Group’s risk management
In addition, the Group’s new financial targets will be introduced:
• Earnings per share growth to exceed 10 percent per year
• Return on purchased debt to exceed 15 percent per year
• Net debt in relation to operating earnings before depreciation and amortization (EBITDAA) shall be in the interval 2.0-3.0
The current dividend policy will continue to apply unchanged
The capital markets day will be held in Stockholm on Thursday, 21 March between 8.30 a.m. and 2.00 p.m. The program for the day is available at www.intrum.com, including the slides that will be shown during the presentations. The presentations will be filmed and made available via the company’s website within the next few days.
For further information, please contact:
Lars Wollung, President and CEO
Tel: +46 8 546 102 02
Erik Forsberg, Chief Financial Officer
Tel: +46 8 546 102 02, e-mail e.forsberg@ intrum.com
Annika Billberg, IR & Communications Director
Tel: +46 702 67 97 91, e-mail: a.billberg@intrum.com
| Intrum Justitia is Europe’s leading Credit Management Services (CMS) group, offering comprehensive credit management services, including Purchased Debt, designed to measurably improve clients’ cash flows and long-term profitability. Founded in 1923, Intrum Justitia has some 3,500 employees in 20 markets. Consolidated revenues amounted to approximately SEK 4.1 billion in 2012. Intrum Justitia AB has been listed on the NASDAQ OMX Stockholm exchange since 2002. For further information, please visit www.intrum.com |
