“Healthy growth and new strategically important partnerships ” – Sofie Tarring Lindell, CFO and interim CEO.
1 JULY – 30 SEPTEMBER 2023*
• Lending to the public rose 11% to SEK 39,832 million, up 10% in constant currencies.
• Operating income increased 9% to SEK 882 million.
• C/I before credit losses improved to 40.1% (40.6%).
• Profit before credit losses increased 10% to SEK 528 million.
• The credit loss ratio increased to 2.7% (2.2%), but improved compared with the first half year of 2023.
• Operating profit fell 10% to SEK 257 million.
• Earnings per share declined 12% to SEK 0.97 (1.10).
1 JANUARY – 30 SEPTEMBER 2023*
• Lending to the public rose 11% to SEK 39,832 million, up 10% in constant currencies.
• Operating income increased 11% to SEK 2,600 million.
• C/I before credit losses improved to 40.8% (43.8%), and excluding the nonrecurring cost in 2022 to 41.7%.
• Profit before credit losses increased 17% to SEK 1,539 million, and excluding the nonrecurring cost in 2022 profit increased 12%.
• The credit loss ratio increased to 2.8% (2.1%).
• Operating profit fell 6% to SEK 719 million, and excluding the nonrecurring cost in 2022 profit declined 12%.
• Earnings per share fell 6% to SEK 2.73 (2.90), and excluding the nonrecurring cost in 2022 earnings declined 14%.
* Certain performance measures provided in this section have not been prepared in accordance with IFRS or the capital adequacy rules, meaning that they are alternative performance measures. Calculations and reconciliation against information in the financial statements of these performance measures are provided on the website under “Financial reports.” Definitions of performance measures are provided on the website under “Financial data.”
TELEPHONE CONFERENCE
Resurs’s report for the third quarter 2023 will be published at 07:30 CEST on October 26. A webcast telephone conference will be held at 09:00 CEST the same day, where Resurs’s CFO and interim CEO Sofie Tarring Lindell will present the report. The presentation will be followed by a Q&A session.
The presentation will be held in Swedish but will be translated into English and can be followed on the web, or over the phone.
If you wish to participate via webcast, please use the link below. Via the webcast you can ask written questions:
https://ir.financialhearings.com/resurs-holding-q3-report-2023
If you wish to participate via the telephone conference, please register on the link below. After registration you will be provided with phone numbers and a conference ID to access the conference. You can ask questions directly in the telephone conference.
https://conference.financialhearings.com/teleconference/?id=5009336
The presentation material will be available before the telephone conference begins on Resurs’s website www.resursholding.com. It will also be possible to access the recorded version of the webcast after it is finished on this page.
MORE INFORMATION
Sofie Tarring Lindell, CFO and interim CEO, sofie.tarringlindell@resurs.se, +46 73 644 33 95