Intrum AB (“Intrum”) today announces the publication of its Annual and Sustainability Report for 2024. The report outlines the company’s financial performance and continued transformation towards a capital light, technology-driven business.
During 2024, Intrum supported approximately 5 million people out of debt and on the path to financial recovery, reinforcing its role as a key player in the financial ecosystem. The company also recovered SEK 121 billion for its clients while making significant progress in its operational efficiency and digital transformation.
Key Group highlights (continuing operations) from the 2024 financial year:
- Income increased to SEK 18,033 M (from 17,705 M in 2023)
- Operating income (EBIT) decreased to SEK 1,941 M (from 2,776 M in 2023)
- Continued progress in cost efficiencies with realised cost savings of SEK 1.3bn by end of 2024
- Cash EBITDA increased to SEK 9,287 M (from 9,137 M in 2023)
- Adjusted operating earnings (EBIT) decreased to SEK 4,548 M (from 5,385 M in 2023)
Andrés Rubio, President and CEO of Intrum AB commented:
“Intrum’s mission remains focused on helping millions of people onto a path of financial recovery and helping our clients get paid, whilst achieving sustainable value creation for our stakeholders.
“In 2024, we managed to deliver solid progress across our three strategic pillars: operational excellence, client focus, and a more capital light business. Through the increasing use of technology and enhancing efficiency, we have improved our financial resilience while ensuring that our clients and customers receive the support they need. Our pivot towards becoming a capital light business is continuing at pace laying the foundation for future success.
“We also made important progress in Intrum’s recapitalisation process, which will establish the right capital structure to accelerate the execution of our long-term strategic goals.”
The full Annual and Sustainability Report is now available on the corporate website, intrum.com.
For further information, please contact:
Investor Relations
Anders Bengtsson, Investor Relations Manager
ir@intrum.com
Media Inquiries
Kristin Andersson, External Communications Director
+46 70 585 78 18
kristin.andersson@intrum.com