Intrum

De-leveraging and de-risking of the balance sheet is Intrum’s key priority as highlighted during the recent Capital Markets Day.

Intrum’s discretionary cash generation remains strong with any upcoming debt maturities until the end of 2025 fully covered by organic cash flow generation as well proceeds from market exits and portfolio sales currently being executed.

“We have a well-balanced and highly diversified business, complemented by a self-liquidating investing book, which together generate substantial cash flows for many years to come. Our communicated path to de-risk and de-lever our balance sheet, supported by growing our Servicing business and extracting value from our Investing business with the resulting strong cash generation, makes me comfortable with our liquidity and overall financial position. We have laid out a detailed trajectory, with clear objectives and targets, that we are now executing step by step, creating a strong foundation for success. We will continue to work with Moody’s, as well as all other stakeholders, to ensure that they understand the positive attributes of our business and progress towards new financial targets focused on de-risking and de-leveraging”, says Michael Ladurner, CFO, Intrum.

For further information, please contact:
Emil Folkesson, Head of CFO Office & Investor Relations Director
+46 70 744 69 82
ir@intrum.com

This information is information that Intrum AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out below, at 19:30 CET on 22 September 2023.