Hoist Finance announces third quarter financial results


January - September 2014 (January - September 2013):

  · Gross cash collections totalled SEK 1,791 million (SEK 1,122 million), an
increase of 60 per cent.
  · Total revenue amounted to SEK 1,186 million (SEK 790 million, adj. for
revaluations), an increase of 49 per cent.
  · EBIT totalled SEK 376 million (SEK 201 million), corresponding to an EBIT
margin of 32 per cent (25 per cent).
  · Portfolio acquisitions of SEK 1,683 million (SEK 1,995 million).
  · Carrying value of acquired loans of SEK 7,504 million (SEK 5,156 million).
  · Gross 120 month ERC on acquired loan portfolios of SEK 12,657 million (SEK
8,666 million).
  · Adjusted EBITDA of SEK 1,270 million (SEK 791 million).
  · Total capital ratio of 12.49 (12.51) per cent of REA.
  · Acquisition of a collection platform in Italy from long-term servicing
partner TRC SpA in July.

Subsequent events:
• Senior unsecured bonds of EUR 100 million issued in the beginning of October.
• Portfolio of approximately 270,000 non-performing consumer loans acquired from
Santander in the UK in October.

For further information, please contact:
Jörgen Olsson, CEO Hoist Finance
Jane Niedra, IR Hoist Finance

Contact details:
Phone +46 (0)8 55 51 77 90
Email: jane.niedra@hoistfinance.com

The information above has been published pursuant to the Swedish Securities
Markets Act (Sw. lag om värdepappersmarknaden).

This information was released for publication at 8.00 on 24 October 2014.

The Interim Report will be presented at a telephone conference/audiocast at
09.30 CET today by Jörgen Olsson (CEO) and Pontus Sardal (CFO and Deputy CEO of
Hoist Finance). The presentation will be held in English.

The dial-in details for the telephone conference are as follows:

UK: +44 203 19 40 546
SE: +46 8 519 99 352
US: +1 855 269 26 06

Link to the audiocast via http://financialhearings.nu/141024/hoistfinance/

Attachments

10235569.pdf