Kvartalsrapport Q3 2025

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===== SIDA 1 =====

Interim report
Third quarter 2025

===== SIDA 2 =====

Third quarter 9 months
Rolling 
12 months Full year
SEK M, unless otherwise indicated
Jul–Sep  
2025
Jul–Sep 
2024¹
Change 
%
Jan–Sep
2025
Jan–Sep
2024¹
Change 
%  2025  20241
Unadjusted Accounting Metrics
Income 4,056 4,171 -3 12,537 13,207 -5 17,363 18,033
Cost to Income (C/I), ratio % 117 104 13 89 92 -4 88 92
EBIT -583 -127 359 1,775 1,372 29 2,343 1,941
Net Income/Loss attributable to parent company's shareholders 396 -1,210 133 820 -2,783 129 -93 -3,697
Earnings/Loss per Share (EPS) 3.00 -10.04 130 6.59 -23.08 129 -0.71 -30.67
Adjusted Accounting Metrics
Adjusted EBIT 1,234 950 30 3,718 2,856 30 5,411 4,548
Adjusted Net Income/Loss attributable  
to parent company's shareholders 2,011 -402 600 2,531 -457 654 2,453 -534
Adjusted Earnings Per Share 15.25 -3.34 557 19.18 -3.79 606 18.60 -4.43
Adjusted Cash Metrics
Cash EBITDA from continuing operations 2,209 2,112 5 6,693 6,368 5 9,611 9,287
Cash EBITDA including discontinued operations 2,209 2,112 5 6,693 7,947 -16 9,611 10,865
Leverage ratio 2 4.7 4.6
1) 2024 comparatives exclude discontinued operations throughout the report, see page 7  for a detailed breakdown.
2) Updated definition as of Q3 2025, net debt recognised with nominal amounts, previously carrying value. Leverage ratio under old definition would be 4.4 (4.5 year end 2024).
• Underlying business performing well, with financial results 
impacted by one-offs and a thorough review of intangible assets.
 
• External servicing income grew 3% vs. Q3 2024 when adjusting for 
FX. RTM Adjusted EBIT margin for Servicing reached 25%.
• Adjusted EBIT rose by 30% year on year, while EBIT decreased 
to SEK -583 M, driven by impairments of intangible assets 
including goodwill of SEK 1.6 BN, partially offset by reductions in 
operational costs. 
• The recapitalisation transaction implemented on 24th July 2025 
resulted in a net gain of SEK 2.1 BN.
Third quarter 2025 summary Third quarter 2025
Adjusted EBIT, SEK M
1,234
Income, SEK M
4,056
Adjusted earnings per share, SEK
15.25
Cash EBITDA, SEK M
2,209
Q3  
in brief
2
Intrum Interim report third quarter 2025
Q3 in brief Comment by the President and CEO Key financial metrics Segment overview Financial overview Financial reports Other information Definitions About Intrum

===== SIDA 3 =====

Comment by 
the President 
and CEO
Solid quarter – continued positive 
profitability trend
“Intrum’s profitability 
continued to improve, 
supported by strong cost 
control and operational 
efficiency.”
Johan Åkerblom, President and CEO
The third quarter marked a new chapter for 
Intrum. With the successful completion of the 
recapitalisation, we entered the next phase of our 
transformation. It was also a quarter of leadership 
transition, as I had the privilege to take up the 
position of President and CEO, and to welcome 
Masih Yazdi as our new CFO. Masih has a proven 
track record of leading high-performing finance 
functions, and his background and market insight 
will be instrumental in delivering on our targets. 
As part of this new chapter and as a natural next 
step, we have initiated a strategic review to define 
the long-term business direction for Intrum, 
including setting new financial targets. The focus of 
this review will be measures to continue to improve 
profitability, drive growth and strengthen our 
balance sheet. We will provide an update from this 
review in connection with the year-end report for 
2025. This new chapter is also about continuity as 
we focus on our core business and deliver on what 
Intrum does best; supporting over 70,000 clients 
right across Europe in recovering late payments. We 
play a vital role in society and contribute to financial 
stability by enabling over SEK 120 billion to flow 
back into the economy every year, helping millions 
of people regain control of their finances. 
 
3
Intrum Interim report third quarter 2025
Q3 in brief Comment by the President and CEO Key  financial  metrics Segment  overview Financial  overview Financial  reports Other  information Definitions About  Intrum

===== SIDA 4 =====

Solid financial performance in a seasonally 
slower quarter
Intrum’s profitability continued to improve in the 
third quarter, supported by strong cost control and 
operational efficiency. Adjusted EBIT amounted to 
SEK 1,234 million in the quarter, an improvement of 
30 percent compared the same quarter last year. 
It is also reassuring to see both a higher external 
servicing income compared to Q3 2024 (when 
adjusting for exchange rate impact) and a higher 
amount of investment volumes compared to the 
previous two quarters. Total income was slightly 
lower than in the preceding second quarter, mainly 
due to seasonality. 
Net income for the third quarter amounted to 
SEK 396 million, attributable to Intrum. Positively 
impacted by a net gain of SEK 2.1 billion from the 
recapitalisation and partially offset by impairments 
of approximately SEK 1.6 billion. Even though the 
quarter came with several non-recurring items we 
continue to produce net income. We have, through a 
review of our balance sheet, identified impairments 
of goodwill and other intangible assets in the 
quarter. The ambition is to minimize items affecting 
comparability in the future.
Steady progress with strong margins in Servicing
Economic conditions across Europe remain 
challenging, with moderate growth and persistent 
geopolitical uncertainties. These factors continued 
to underpin demand for our credit management 
services during the third quarter, which is a typically 
weaker quarter due to seasonality. Income remained 
stable at SEK 4,056 million compared with SEK 4,171 
million the same quarter last year, where a positive 
organic growth of 3 percent was offset by a negative 
exchange rate impact of 3 percent – ten out of 
our sixteen servicing markets had organic growth. 
Adjusted EBIT grew by 27 percent year-on-year to 
SEK 742 million, reflecting strong performance in all 
service regions. We saw continued momentum in 
our Servicing business, where our overall win rate 
remains high and we both managed to win new 
clients and keep the churn low. We continue to 
steadily improve our profitability, and this is the first 
quarter in the last 2 years, where we have achieved 
organic income growth for the business. In total, 
the new contracts signed in the third quarter was 
higher than the second quarter 2025. As a result of 
our efforts to further strengthen client management, 
there is still potential to extract more value from 
our existing client base. In addition, we see an 
expanding pipeline of 1.8 billion, of which a material 
amount is expected to close during 2025.
Improving top-line growth remains a key focus 
for Intrum. During the quarter, we continued 
to strengthen our commercial capabilities by 
expanding the sales team, developing ancillary 
business and further worked on integrating 
technology in our services. After closing the third 
quarter, we also announced a partnership with 
credit management company Alektum, where its 
subsidiaries in Belgium and the Netherlands will 
become part of Intrum. 
Continued build-up of investment activity
During the third quarter, Intrum reached its highest 
quarterly investment level so far this year, and 
we continue to target a higher investment pace.  
Majority of the investments were made following 
our strategic partnership with Cerberus, allowing 
us to grow investing activities without increasing 
leverage.  While we continued to secure smaller, 
higher-margin deals, win-ratio in larger, lower-
margin deals has room to improve. 
Looking ahead 
We are now entering a new phase, where our focus 
will be to carefully review and articulate the long-
term strategic priorities, and then it’s execution 
and commitment. Intrum has a sound business 
model with two complementary business lines 
and a strong market position. As we look ahead, 
my focus is to extract the value of the franchise, 
improve the operational delivery, simplifying how 
we work, integrating technology in our operations, 
and making better use of data. We are now building 
a franchise that is long-term sustainable, that should 
not only be recognised for its leading market reach 
but also for its position as the innovative leader of 
the industry, the benchmark in performance and the 
most reliable partner with a sound financial profile. 
As the European leader in credit management, 
Intrum is well positioned to build a stronger, 
more resilient company for the future. I have 
great confidence in our 9,000 colleagues across 
20 markets, and I and I have confidence in the 
dedication and capability I see throughout the 
organisation. I want to thank the entire Intrum team 
for their continued commitment to creating value for 
our clients, creditors, and shareholders.
Stockholm, October 2025 
Johan Åkerblom 
President and CEO
“Intrum is well positioned to 
build a stronger, more resilient 
company for the future.”
4
Intrum Interim report third quarter 2025
Q3 in brief Comment by the President and CEO Key  financial  metrics Segment  overview Financial  overview Financial  reports Other  information Definitions About  Intrum

===== SIDA 5 =====

Quarterly development
Total income decreased for the quarter and 
amounted to SEK 4,056 M (4,171), with the decline 
primarily attributable to negative foreign exchange 
effects and a smaller investment book. Servicing 
fees stayed strong, increasing by 4 percent quarter-
on-quarter, and the RTM Servicing Adjusted 
EBIT margin reached 25 percent. Interest income 
declined by 18 percent, mainly due to a reduced 
investment book, in line with the Group’s capital 
light strategy. 
Results from Shares of Associates and Joint 
Ventures rose to SEK 102 M up from SEK 60 M in 
Q3 2024. Of the result, SEK 88 M (54) was related to 
Investing and SEK 14 M (6) to Servicing. 
Underlying total costs decreased by 11% from Q3 
2024, when adjusting for one-offs. Total costs 
were impacted by a goodwill impairment of SEK 
1,009 M in the Spanish market and intangible 
assets impairments of SEK 591 M. The impairment 
in the Spanish market was mainly attributable to 
a forecasted decline in real estate. Despite these, 
operational efficiency improved, with a 14 percent 
reduction in operational cost. Personnel expenses 
decreased by 19 percent, with FTEs down from 
9,664 to 8,580 (11%). IT and legal expenses were 
6 percent and 37 percent lower respectively. 
As a result of the impairments mentioned, EBIT for 
the quarter declined to SEK -583 M.
Net financial expenses showed a gain of 
SEK 1,473 M (-865) primarily driven by the 
recapitalisation transaction completed in July. The 
recapitalisation impacted net financials with SEK 
2.3 BN excluding the tax impact. The net gain is 
driven by a 10% haircut on the old bonds as well 
as fair value adjustments on the exchange notes, 
offset by transaction cost and a release of deferred 
tax. For further information on the recapitalisation 
transaction, see page 18.
Items Affecting Comparability (IAC) totaled SEK 
1,818 M (1,078). Key items being one time write 
down on intangibles assets related to goodwill 
impairment in the Spanish market of SEK 1,009 M, 
customer relationships of SEK 401 M and capitalised 
software development of SEK 190 M. IAC were also 
impacted by restructuring programs of SEK 181 M. 
The leverage ratio improved to 4.7 from 4.9 in Q2 
2025, supported by the discounted bond buy-
back and issuance of new money notes, as part 
of the recapitalisation, which increased Group’s 
cash levels and decreased borrowings.
Key financial 
metrics
Servicing Adjusted EBIT Margin, 
RTM
EBIT margin
Total adjusted Servicing Margin
>25%
Investing BV excl. Revaluations, 
Quarter End
Balance sheet intensity
Proprietary investing Book Value 
excl. Revaluations
SEK ~30BN
Leverage Ratio, RTM
Leverage
Leverage Ratio by end of 2026
3.5x
External Servicing Income 
Growth, RTM BN
Growth
External Servicing Income Growth
~10% CAGR
10.6
41
4.6 4.6 4.5
4.9
4.7
25 23 23 22
19 19
22 23 2512.2 12.4 12.4 12.4
Q4 Q1 Q2 Q3
Q4 Q1 Q2 Q3
Q4 Q1 Q2 Q3
Q4 Q1 Q2 Q3
2024
2024
2024
2024
2025
2025
2025
2025
2023
CMD Sep
2023
CMD Sep
2023
CMD Sep
2023
CMD Sep
CAGR: 7%
5
Intrum Interim report third quarter 2025
Q3 in brief Comment by the President and CEO Key financial  metrics  Segment  overview Financial  overview Financial  reports Other  information Definitions About  Intrum

===== SIDA 6 =====

Segment overview
Key figures 2025 Third quarter, Jul–Sep 2025 9 months, Jan–Sep 2025
SEK M Servicing Investing Central Eliminations Consolidated Servicing Investing Central Eliminations Consolidated
External Income  2,916  1,127  13  -  4,056  8,922  3,591  24  -  12,537 
Internal Income  387 0  20  -407  -  1,176  1  59  -1,236  - 
Income  3,302  1,127  33  -407  4,056  10,097  3,592  84  -1,236  12,537 
Share of Associates and Joint ventures  14  88 0  -  102  44  321  0  -  365 
Personnel Expenses  -1,330  -13  -247  -  -1,590  -4,154  -38  -687  -  -4,878
IT Expenses  -131  -1  -169  -  -301  -398  -4  -462  -  -864
Legal Expenses  -194  -67  38  -  -224  -539  -257  76  -  -721
Other Operating Expenses  -750  -500  91  407  -753  -2,161  -1,617  301  1,236  -2,241
Depreciation and Amortisation  -239  -2  -24  -  -265  -731  -6  -72  -  -809
Impairment of Intangible and Tangible assets  -1,535  -  -65  -  -1,600  -1,535  -  -65  -  -1,600
Net Credit Gains/Losses  -  -8  -  -  -8  -  -14  -  -  -14
EBIT  -863  623  -344  -  -583  623  1,976  -825  -  1,775 
Items Affecting Comparability in EBIT1  1,605  1  211  -  1,818  1,685  22  236  -  1,944 
Adjusted EBIT  742  625  -132 -  1,234  2,309  1,999  -589 -  3,718 
Cash EBITDA  967  1,350  -108 -  2,209  3,014  4,195  -517 -  6,693 
Income  3,302  1,127  33  -407  4,056  10,097  3,592  84  -1,236  12,537 
– thereof Northern Europe  743  226  -  -61  908  2,211  703  -  -164  2,750 
– thereof Middle Europe  923  381  -  -128  1,176  2,798  1,169  -  -405  3,561 
– thereof Southern Europe  1,502  269  -  -95  1,676  4,669  939  -  -284  5,324 
– thereof Eastern Europe  108  250  -  -102  255  337  777  -  -322  792 
– thereof Central  27  1  33  -20  41  83  3  84  -60  110 
Adjusted EBIT  742  625  -132  -  1,234  2,309  1,999  -589  -   3,718 
– thereof Northern Europe  198  197  -  -  395  541  746  -  -  1,287 
– thereof Middle Europe  155  198  -  -  353  446  600  -  -  1,047 
– thereof Southern Europe  387  118  -  -  505  1,277  399  -  -  1,676 
– thereof Eastern Europe  23  102  -  -  125  76  245  -  -  321 
– thereof Central  -20  9  -132  -  -143  -32  8  -589  -  -612
1) Refer to page 10 for details on Items Affecting Comparability. 6
Intrum Interim report third quarter 2025
Q3 in brief Comment by the President and CEO Key financial metrics Segment  overview  Financial  overview Financial  reports Other  information Definitions About  Intrum

===== SIDA 7 =====

7
Intrum Interim report third quarter 2025
Q3 in brief Comment by the President and CEO Key financial metrics Segment  overview  Financial  overview Financial  reports Other  information Definitions About  Intrum
Key figures 2024 Third quarter, Jul–Sep 2024 1 9 months, Jan–Sep 20241
Including Discontinued Operations Discontinued Operations Including Discontinued Operations Discontinued Operations
SEK M Servicing Investing Central
Elimina-
tions Consolidated Servicing Investing
Elimina-
tions Consolidated Servicing Investing Central
Elimina-
tions Consolidated Servicing Investing
Elimina-
tions Consolidated
External Income  2,911  1,250  9  -  4,171  -  -  -  4,171  8,872  5,168  27  -  14,068  333  -1,194  -  13,207 
Internal Income  437  -  44  -481  -  -  -  -  -  1,734  -  144  -1,878  -  -446  -  446  - 
Income  3,348  1,250  54  -481  4,171  -  -  -  4,171  10,606  5,168  171  -1,878  14,068  -113  -1,194  446  13,207 
Share of Associates and Joint ventures  6  54  -  -  60  -  -  -  60  29  40  -  -  69  -  262  -  331 
Personnel Expenses  -1,741  -12  -200  -  -1,954  -  -  -  -1,954  -5,200  -42  -571  -  -5,812  11  -2  -  -5,803 
IT Expenses  -193  -1  -129  -  -322  -  -  -  -322  -598  -3  -413  -  -1,014  1  -  -  -1,013 
Legal Expenses  -197  -59  -98  -  -355  -  -  -  -355  -769  -248  -110  -  -1,127  -  27  -  -1,100 
Other Operating Expenses  -637  -558  16  481  -698  -  -  -  -698  -2,136  -2,351  -49  1,878  -2,659  12  493  -446  -2,601 
Depreciation and Amortisation  -260  -2  -60  -  -321  -  -  -  -321  -811  -5  -135  -  -950  1 -  -  -948 
Impairment of Intangible and Tangible 
assets  -668  -  -  -  -668  -  -  -  -668  -668  -  -  -  -668  -  -  -  -668 
Net Credit Gains/Losses  -  -40  -  -  -40  -  -  -  -40  -  -32  -  -  -32  -  -  -  -32 
EBIT  -342  632  -417  -  -127  -  -  -  -127  454  2,528  -1,107  -  1,874  -88  -414  -  1,372 
Items Affecting Comparability in EBIT2  926  44  108  -  1,078  -  -  -  1,078  1,151  158  174  -  1,483  -  -  -  1,483 
Adjusted EBIT  584  676  -309  -  950  -  -  -  950  1,605  2,686  -934  -  3,358  -88  -414  -  2,856 
Cash EBITDA  838  1,523  -250  -  2,112  -  -  -  2,112  2,378  6,378  -810  -  7,947  -89  -1,489  -  6,368 
Income  3,348  1,250  54  -481  4,171  4,171  10,606  5,168  171  -1,878  14,068 
– thereof Northern Europe  758  219  -  -58  919  919  2,297  1,198  -  -321  3,174 
– thereof Middle Europe  932  436  -  -148  1,220  1,220  2,914  1,619  -  -596  3,937 
– thereof Southern Europe  1,527  332  -  -110  1,749  1,749  4,952  1,511  -  -443  6,020 
– thereof Eastern Europe  125  262  -  -120  267  267  390  842  -  -373  858 
– thereof Central  7  -  54  -44  16  16  52  -  171  -144  79 
Adjusted EBIT  584  676  -309  -  950  950  1,605  2,686  -934  -  3,358 
– thereof Northern Europe  170  215  -  -  385  385  379  873  -  -  1,252 
– thereof Middle Europe  74  192  -  -  266  266  216  677  -  -  893 
– thereof Southern Europe  295  171  -  -  466  466  962  842  -  -  1,804 
– thereof Eastern Europe  50  95  -  -  144  144  67  291  -  -  358 
– thereof Central  -6  3  -309  -  -312  -312  -19  3  -934  -  -950 
1)  2024 have been restated to reallocate certain income and costs previously reported as Central to either Servicing and Investing. No impact on consolidated numbers.
2)  Refer to page 10 for details on Items Affecting Comparability.

===== SIDA 8 =====

Servicing
8
Intrum Interim report third quarter 2025
Q3 in brief Comment by the President and CEO Key financial metrics Segment  overview  Financial  overview Financial  reports Other  information Definitions About  Intrum
Credit management with a focus on solutions for 
late payments and collections 
External income was stable compared to the third quarter 2024, 
amounted to SEK 2,916 M (2,911), as a positive organic growth of 3 
percent was offset by a negative exchange rate impact of 3 percent.
EBIT declined by 152 percent to SEK -863 M (-342) primarily due 
to impairment of goodwill and other intangible assets. In contrast, 
adjusted EBIT grew by 27 percent to SEK 742 M (584), reflecting 
strong performance across all Service regions, driven mainly by costs 
reductions through effective cost control. As a result, the adjusted 
EBIT margin improved to 22 percent (18).
Third quarter 9 months Full year
SEK M
Jul–Sep
2025
Jul–Sep
20241
Change 
%
Jan–Sep
2025
Jan–Sep
20241
Change 
%  20241
External Income  2,916  2,911  0  8,922  9,206  -3  12,671 
Internal Income  387  437  -12  1,176  1,288  -9  1,702 
Income  3,302  3,348  -1  10,097  10,493  -4  14,373 
Share of Associates and Joint ventures  14  6  141  44  29  52  36 
Personnel Expenses  -1,330  -1,741  -24  -4,154  -5,189  -20  -6,895 
IT Expenses  -131  -193  -32  -398  -597  -33  -809 
Legal Expenses  -194  -197  -2  -539  -769  -30  -978 
Other Operating Expenses  -750  -637  18  -2,161  -2,124  2  -2,837 
Depreciation and Amortisation  -239  -260  -8  -731  -809  -10  -1,245 
Impairment of intangible and tangible assets  -1,535  -668  130  -1,535  -668  130  -759 
EBIT  -863  -342  152  623  366  70  887 
Items Affecting Comparability in EBIT  1,605  926  73  1,685  1,151  46  1,770 
Adjusted EBIT  742  584  27  2,309  1,517  52  2,657 
Cash EBITDA  967  838  15  3,014  2,289  32  3,716 
KPIs
Change in External Income, %  0  -4  4  -3  6  -9  2 
– thereof organic growth  3  -6  9  -2  -6  4  -6 
– thereof acquisitions   -   5  -5  -   12  -12  8 
– thereof foreign exchange  -3  -2  -1  -2  -  -2  - 
Adjusted EBIT Margin, %  22  18  5  23  15  8  18 
Cash (dividends) from Associates and Joint ventures 0  26  -100  19  119  -84  23 
1)  2024 comparatives exclude discontinued operations.  
 2024 numbers have been restated to reallocate certain income and costs previously reported as Central to Servicing. No impact on consolidated numbers.

===== SIDA 9 =====

Investing 
9
Intrum Interim report third quarter 2025
Q3 in brief Comment by the President and CEO Key financial metrics Segment  overview  Financial  overview Financial  reports Other  information Definitions About  Intrum
Intrum invests in portfolios of overdue receivables 
and similar claims, after which Intrum’s servicing 
operations collect on the claims acquired 
Collection performance versus active forecast increased to 101 
percent in the quarter (98).
Adjusted ROI grew to 11 percent in the quarter (10). During the period, 
Intrum invested SEK 303 M (432) in new portfolios at an IRR of 18 
percent (20).
Cash EBITDA decreased to SEK 1,350 M (1,523), primarily due to a 
smaller investment book. EBIT declined slightly to SEK 623 M (632), 
driven by lower income, partially offset by reduced costs and net 
credit losses, as well as higher contribution from Share of Results of 
Associates and Joint ventures which increased to SEK 88 M (54). 
The investment book value decreased to SEK 22.5 BN (25.5) due to a 
lower investment pace and movement in exchange rates, in particular 
impacted by the strengthening of the Swedish krona towards the euro, 
the Norwegian krone and the British pound.
Third quarter 9 months Full year
SEK M
Jul–Sep
2025
Jul–Sep
2024
Change 
%
Jan–Sep
2025
Jan–Sep
2024
Change 
%  2024
Income  1,127  1,250  -10  3,592  3,974  -10  5,324 
– thereof REOs  43  44  -2  126  131  -4  175 
Share of Associates and Joint ventures  88  54 62  321  302 6  480 
Personnel Expenses  -13  -12 9  -38  -44 -13  -53 
IT Expenses  -1  -1 53  -4  -3 66  -4 
Legal Expenses  -67  -59 14  -257  -221 16  -315 
Other Operating Expenses  -500  -558 -10  -1,617  -1,859 -13  -2,451 
Depreciation and Amortisation  -2  -2 13  -6  -5 22  -6 
Net Credit Gains/Losses  -8  -40 -81  -14  -32 -56  -79 
EBIT  623  632  -1  1,976  2,114  -6  2,896 
Items Affecting Comparability in EBIT  1  44  -97  22  158  -86  199 
Adjusted EBIT  625  676  -8  1,999  2,272  -12  3,096 
– thereof REOs  4  63  -93  9  42  -78  457 
Cash EBITDA   1,350  1,523  -11  4,195  4,889  -14  6,578 
KPIs
Gross Collections  1,793  2,073 -14  5,727  8,586 -33  10,729 
Amortisation % 39  42 -3 39  41 -2  41 
Portfolio Investments incl. Joint ventures and Associates  303  432 -30  715  1,227 -42  1,739 
ERC  47,052  53,848 -13  47,052  53,848 -13  53,067 
Collection Index vs Active Forecast % 101  98 3 103  100 3  101 
Book Value  22,455  25,509 -12  22,455  25,509 -12  25,302 
Adjusted Return on Portfolio Investments % 11  10 1 11  14 -3  12 
Cash (dividends) from Associates and Joint ventures 81  29 111 200  174 15  327 
1)  2024 comparatives exclude discontinued operations apart from Gross Collections.
  2024 numbers have been restated to reallocate certain income and costs previously reported as Central to Investing. No impact on consolidated numbers.

===== SIDA 10 =====

Financial overview
EBIT to Cash EBITDA
Third quarter 9 months
Rolling  
12 months Full year
SEK M
Jul–Sep
2025
Jul–Sep
2024
Jan–Sep
2025
Jan–Sep
2024 2025 2024
EBIT  -583  -127  1,775  1,372  2,343  1,941 
Depreciation & Amortisation  265  321  809  948  1,167  1,306 
PI Amortisation  723  871  2,297  2,741  3,185  3,630 
EBITDA  405  1,065  4,880  5,062  6,695  6,877 
Net Credit Gains/Losses  8  40  14  32  61  79 
Share of Associates and Joint ventures  -102  -60  -365  -331  -550  -516 
Cash (dividends) from Associates and Joint 
ventures  81  29  219  186  384  351 
Items Affecting Comparability in Cash EBITDA  1,818  1,037  1,944  1,419 3,021  2,496 
Cash EBITDA from continuing operations  2,209  2,112  6,693  6,368  9,611  9,287 
Adjustment in respect of discontinued 
operations  -  1,579 
Cash EBITDA including discontinued 
operations  9,611  10,865 
Net Debt Reconciliation
SEK M Sep 2025 Sep 2024  Dec 2024
Borrowings  48,890 51,973 50,902
Lease Liability  601  605  710 
Deferred Liabilities  399  440  416 
Gross Debt  49,890  53,018  52,028 
Cash and Cash Equivalents  -5,003  -3,405  -2,504 
Net Debt before Other Obligations  44,887  49,613  49,524 
Net Defined Benefit Liability  95  137  88 
Payable to Non-controlling Interest  218  293  246 
Net Debt after Other Obligations  45,200  50,043  49,859 
Leverage Ratio  4.7 4.2  4.6 
Items Affecting Comparability
Third quarter 9 months
Rolling  
12 months Full year
SEK M
Jul–Sep
2025
Jul–Sep
2024
Jan–Sep 
2025
Jan–Sep
2024 2025 2024
EBIT  -583  -127  1,775  1,372  2,343  1,941 
Integration and migration  33  356  89  457  375  743 
Impairment of Goodwill  1,009  668  1,009  668  1,110  769 
IT impairment  190  -  190  -  626  436 
Contract impairments  401  4  401  39  477  115 
Restructuring programs  181  9  212  168  380  336 
Net credit gain/losses  -  40  -  32  47  79 
Tax and Other  4  -  42  119  52  129 
Total Items Affecting Comparability  1,818  1,078  1,944  1,483  3,067  2,607 
Adjusted EBIT  1,234  950  3,718  2,856  5,411  4,548 
Net Financial Items Specifications
Third quarter 9 months
Rolling  
12 months Full year
SEK M
Jul–Sep
2025
Jul–Sep
2024
Jan–Sep
2025
Jan–Sep
2024 2025 2024
Interest Income  23  36  76  87  111  122 
Interest Expense  -884  -833  -2,246  -2,639  -3,049  -3,442 
Interest Expense on Leasing Liability  -13  -13  -46  -36  -63  -53 
Exchange Rate Differences  287  -18  210  -50  231  -28 
Amortisation of Borrowing Cost  -309  -29  -359  -85  -444  -170 
Commitment fee  -547  0  -546  -36  -554  -44 
Other Financial Items  2,915  -8  2,903  -1,402  2,849  -1,456 
Total Net Financial Items  1,473  -865  -7  -4,160  -919  -5,073 
Less Net Financial Items from disc. 
operations  -  -  -  1,773  -1  1,772 
Total Net Financial Items from cont. 
operations  1,473  -865  -7  -2,388  -920  -3,301 
IAC in Net Financial Items  -  6  -  -190  -6  -196 
Adjusted Net Financial Items  1,473  -859  -7  -2,578  -926  -3,497 
10
Intrum Interim report third quarter 2025
Q3 in brief Comment by the President and CEO Key financial metrics Segment overview Financial  overview  Financial  reports Other  information Definitions About  Intrum

===== SIDA 11 =====

Yearly overview, Group
SEK M 2024 2023 2022 2021 2020
Income  18,033  17,705  19,368  17,655  16,880 
EBIT  1,941  2,776  154  6,475  4,695 
Net Income/Loss attributable  
to Parent company’s shareholders  -3,697  -187  -4,473  3,127  1,881 
Earnings Per Share, SEK  -30.67  -1.56  -37.07  28.88  15.18 
Adjusted EBIT  4,548  4,464  6,664  7,014  5,739 
Adjusted Net Income/Loss attributable  
to Parent company’s shareholders  -534  845  1,835  3,487  2,689 
Return on equity, % -27  -1  -22  15  9 
Equity per share, SEK  111.01  138.89  153.68  183.33  154.28 
Average number of employees (FTEs) 10,002 10,222 9,965 9,694 9,379
Quarterly overview, Group
SEK M Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023
Income  4,056  4,206  4,276  4,825  4,171  4,607  4,430  5,007 
EBIT  -583  1,326  1,032  570  -127  1,024  475  1,356 
Net Income/Loss attributable to 
Parent company’s shareholders  396  324  101  -914  -1,210  -1,334  -238  187 
Earnings Per Share, SEK  3.00  2.69  0.83  -7.56  -10.04  -11.06  -1.98  1.56 
Adjusted EBIT  1,234  1,386  1,098  1,693  950  1,041  864  1,615 
Adjusted Net Income/Loss 
attributable to Parent company’s 
shareholders   2,011   369  150  -77  -402  89  -144  345 
Return on equity, %  3  3  3  -27  -19  -12  -3  -1 
Equity per share, SEK  104.17  105.56  99.08  111.01  114.33  110.75  142.71  138.89 
Number of employees (FTEs)  8,580  8,855  9,042  9,354  9,664  10,331  10,671  11,099 
 
Group overview Segment overview
Servicing
SEK M Q3 2025 Q2 2025 Q1 2025 Q4 20241 Q3 20241 Q2 20241 Q1 20241 Q4 2023
External Income  2,916  2,979  3,028  3,466  2,911  3,201  3,093  3,624 
Internal Income  387  422  367  414  437  448  403  273 
Income  3,302  3,400  3,395  3,880  3,348  3,649  3,496  3,897 
EBIT  -863  798  689  521  -342  545  163  387 
Adjusted EBIT  742  837  729  1,140 584  621  313  902 
Adjusted EBIT Margin, %  22  25  21  29  17  17  9  23 
1) 2024 numbers have been restated to reallocate certain income and costs previously reported as Central to Servicing. No impact on 
consolidated numbers.
Investing
SEK M Q3 2025 Q2 2025 Q1 2025 Q4 20241 Q3 20241 Q2 20241 Q1 20241 Q4 2023
Income  1,127  1,222  1,243  1,350  1,250  1,396  1,328  1,373 
EBIT  623  777  576  783  632  730  751  972 
Adjusted EBIT  625  777  597  824  676  729  867  998 
Portfolio Investments incl. Joint 
ventures and Associates  303  140  272 512 432  425 371  532 
Adjusted ROI, %  11  13 10  13  10  14  12  14 
ERC  47,052  48,319 50,729  53,067  53,848  55,464  75,291  76,058 
1) 2024 numbers have been restated to reallocate certain income and costs previously reported as Central to Investing. No impact on 
consolidated numbers.
11
Intrum Interim report third quarter 2025
Q3 in brief Comment by the President and CEO Key financial metrics Segment overview Financial  overview  Financial  reports Other  information Definitions About  Intrum

===== SIDA 12 =====

Third quarter 9 months Full year
SEK M
Jul–Sep
2025
Jul–Sep
2024
Jan–Sep
2025
Jan–Sep
2024  2024
Servicing Fee Income  2,801  2,703  8,540  8,590  11,791 
Interest Income  991  1,203  3,189  3,838  5,093 
Other Income  263  265  809  779  1,149 
Total Income  4,056  4,171  12,537  13,207  18,033 
Shares of Associates and Joint ventures  102  60  365  331  516 
Personnel Expenses  -1,590  -1,954  -4,878  -5,803  -7,765 
IT Expenses  -301  -322  -864  -1,013  -1,366 
Legal Expenses  -224  -355  -721  -1,100  -1,422 
Other Operating Expenses  -753  -698  -2,241  -2,601  -3,349 
Depreciation and Amortisation  -265  -321  -809  -948  -1,306 
Impairment of Intangible and Tangible assets  -1,600  -668  -1,600  -668  -1,320 
Net Credit Gains/Losses  -8  -40  -14  -32  -79 
Net Operating Income (EBIT)  -583  -127  1,775  1,372  1,941 
Net Financial Expense  1,473  -865  -7  -2,388  -3,301 
Income before taxes  889  -992  1,768  -1,016  -1,360 
Financial reports
Third quarter 9 months Full year
SEK M
Jul–Sep
2025
Jul–Sep
2024
Jan–Sep
2025
Jan–Sep
2024  2024
Tax Expenses  -485  -150  -787  -201  -624 
Net Income/Loss from continuing operations  404  -1,141  981  -1,217  -1,984 
Net Income/Loss from discontinuing operations  -  -  -  -1,361  -1,361 
TOTAL NET INCOME/LOSS FOR THE PERIOD  404  -1,141  981  -2,578  -3,344 
Attributable to Shareholders:
Parent Company’s Shareholders in Intrum AB (publ)  396  -1,210  820  -2,783  -3,697 
Non-Controlling interest  8  69  160  204  351 
TOTAL NET INCOME/LOSS FOR THE PERIOD  404  -1,141  981  -2,578  -3,345 
Average Number of Shares (‘000):
Before dilution  131,921  120,602  124,416  120,602  120,570 
After dilution  131,921  120,602  124,416  120,602  120,570 
Net Income/Loss Per Share, SEK:
Before dilution  3.00  -10.04  6.59  -23.08  -30.67 
After dilution  3.00  -10.04  6.59  -23.08  -30.67 
Consolidated statement of Income
12
Intrum Interim report third quarter 2025
Q3 in brief Comment by the President and CEO Key financial metrics Segment overview Financial overview Financial  reports  Other information Definitions About Intrum

===== SIDA 13 =====

Third quarter 9 months Full year
SEK M
Jul–Sep
2025
Jul–Sep
2024
Jan–Sep
2025
Jan–Sep
2024  2024
Net Income/Loss from continuing operations   404   -1,141  981  -1,217  -1,984 
Items Subsequently Reclassified  
to Statement of Income
Net Foreign Exchange Translation Differences  -233  1,347  -1,523  -1,174  -278 
Net Investment Hedging Gains/Losses  -69  80  84  719  542 
Items Subsequently Reclassified  
to Statement of Income  -302  1,427  -1,439  -455  264 
Items Not Subsequently Reclassified  
to Statement of Income
Net Defined Pension Benefit Remeasurement  -  0  -1  -2  11 
Items Not Subsequently Reclassified to Statement of 
Income  - 0  -1 -2  11 
Comprehensive Income/Loss for the period  -302  1,427  -1,440  -457  275 
Third quarter 9 months Full year
SEK M
Jul–Sep
2025
Jul–Sep
2024
Jan–Sep
2025
Jan–Sep
2024  2024
Total Comprehensive Income from Continuing 
Operations  102  285  -459  -1,678  -1,709 
Total Comprehensive Income from Discontinuing 
Operations  -  -  -  -1,361  -1,361 
Total Comprehensive Income/Loss for the period  102  285  -459  -3,039  -3,069 
Of which attributable to
Parent Company’s Shareholders in Intrum AB (publ)  111  177  -546  -3,198  -3,336 
Non-controlling interest  -9  108  87  160  267 
TOTAL COMPREHENSIVE INCOME/LOSS FOR  
THE PERIOD  102  285  -459  -3,039  -3,069 
Average Number of Shares (‘000):
Before dilution  131,921  120,602  124,416  120,602  120,570 
After dilution  131,921  120,602  124,416  120,602  120,570 
Total Comprehensive Income/ 
Loss Per Share, SEK:
Before dilution 0.78 2.36 -3.69 -25.20 -25.47
After dilution 0.78 2.36 -3.69 -25.20 -25.47
Consolidated statement of other Comprehensive Income 
13
Intrum Interim report third quarter 2025
Q3 in brief Comment by the President and CEO Key financial metrics Segment overview Financial overview Financial  reports  Other information Definitions About Intrum

===== SIDA 14 =====

Consolidated statement of financial position
SEK M 30 Sep 2025 30 Sep2024 31 Dec 2024
ASSETS
Non-Current Assets
Intangible Assets    35,931  39,272  39,184 
Portfolio Investment  19,943  23,084  22,695 
Investment in Associates and Joint Ventures  2,354  2,163  2,352 
Property, Plant and Equipments  170  239  225 
Right of Use Assets  574  575  679 
Deferred Tax Assets  1,412  2,019  1,986 
Other Financial Assets  137  875  181 
Total Non-Current Assets   60,522  68,226  67,303 
Current Assets
Property Holdings  213  298  287 
Tax Receivable  787  1,047  935 
Derivatives  -  67  16 
Receivables and Other Operating Assets  5,007  4,673  5,213 
Fiduciary Assets  1,275  1,224  1,281 
Cash and Cash Equivalents  5,003  3,405  2,504 
Total Current Assets  12,286  10,714  10,236 
TOTAL ASSETS   72,809  78,940  77,539 
SEK M 30 Sep 2025 30 Sep2024 31 Dec 2024
LIABILITIES & SHAREHOLDERS' EQUITY
Non-Current Liabilities
Net Pension Benefit Liability  95  137  88 
Borrowings   45,686   37,633  36,862 
Other Financial Liability  353  955  616 
Provisions  168  161  158 
Deferred Tax Liability  990  1,130  1,106 
Lease Liability  433  431  526 
Total Non-Current Liabilities   47,725   40,448  39,356 
Current Liabilities
Borrowings 995    14,170  13,839 
Tax Payable  543  414  562 
Payables and Other Operating Liabilities  6,493  6,435  6,541 
Derivatives  -    152  61 
Fiduciary Liabilities  1,275  1,224  1,281 
Provisions  98  236  248 
Lease Liability  168  174  185 
Total Current Liabilities  9,572  22,804  22,716 
TOTAL LIABILITIES  57,298  63,251  62,072 
Shareholders’ Equity
Share Capital  3  3  3 
Reserves  20,806  20,849  21,370 
Retained Earnings  -7,066  -7,064  -7,984 
Total Shareholder’s Equity  13,743  13,788  13,389 
Non-Controlling Interest  1,768  1,901  2,079 
TOTAL EQUITY  15,511  15,689  15,467 
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY  72,809  78,940  77,539 
   
14
Intrum Interim report third quarter 2025
Q3 in brief Comment by the President and CEO Key financial metrics Segment overview Financial overview Financial  reports  Other information Definitions About Intrum

===== SIDA 15 =====

Consolidated statement of changes in Equity
SEK M Share capital Other paid-in capital Reserves
Retained earnings incl.  
net earnings for the year
Total Shareholders’ equity 
attributable to Parent 
Company Shareholders
Non-controlling  
interests
Total  
Shareholders’ equity
As of January 1 2025  3  17,442  6,299  -10,356  13,388  2,079  15,467 
Comprehensive income, 2025
Net Income/Loss for the year  820  820  160  981 
Other Comprehensive income for the year  - 
Net Defined Benefit Remeasurements  -  -  -  -1  -1  -0  -1 
Foreign Exchange Differences  -  -  -1,450  -  -1,450  -73  -1,523 
Net Investment Hedging Differences  -  -  84  -  84  -  84 
Total comprehensive income for the year  -  -  -1,366  820  -546  87  -459 
New shares issued  0  901  901  901 
Share Dividend  -  -  -  -  -  -336  -336 
NCI Share Repurchases  -  -61  -61 
As of 30 Sep 2025  3  18,343  4,933  -9,537  13,743  1,769  15,511 
As of January 1 2024  3  17,442  5,977  -6,670  16,752  2,176  18,928 
Comprehensive income, 2024
Net Loss/Income for the year  -2,783  -2,783  204  -2,579 
Other Comprehensive income for the year  - 
Foreign Exchange Differences  446  446  -115  331 
Net Investment Hedging Differences  -3,015  2,423  -592  -592 
Total comprehensive income for the year  -2,569  -360  -2,929  89  -2,840 
Share Dividend  -285  -285 
Share-based employee remuneration  33  -33  - 
NCI Share Repurchases  -79  -79 
As of 30 Sep 2024  3  17,442  3,441  -7,064  13,822  1,901  15,724 
15
Intrum Interim report third quarter 2025
Q3 in brief Comment by the President and CEO Key financial metrics Segment overview Financial overview Financial  reports  Other information Definitions About Intrum

===== SIDA 16 =====

Consolidated statement of cash flow
Third quarter 9 months Full year
Jul–Sep
2025
Jul–Sep
2024
Jan–Sep
2025
Jan–Sep
2024  2024
Cash Flows from Operating Activities
EBIT from Continuing Operations -583 -125 1,775 1,373 1,941
EBIT from Discontinuing Operations  -   -  -   502 502
Operating earnings/EBIT -583 -125 1,775 1,875 2,443
Not included in the cash flow
Amortisation / Depreciation and Impairment  1,865 989  2,409 1,618 2,628
Net Credit Gains/Losses  8 40  14 32 79
Amortisation of Portfolio Investments  723 871  2,297 3,554 4,442
Other adjustment for items not included  
in cash flow  105 -7  -303 20 -323
Non-Cash Adjustments 2,701 1,893 4,417 5,224 6,826
Payments from Associates and Joint ventures  81 30  219 186 351
Operating Cash Flows  
Before Working Capital Changes 2,198 1,795 6,411 7,285 9,620
Changes in working capital  428 376  358 231 -608
Operating Cash Flows Before Taxes 2,626 2,171 6,769 7,516 9,012
Income Taxes Paid  -206 -364  -449 -822 -860
Net Cash Flows from Operating Activities 2,420 1,807 6,320 6,694 8,152
Third quarter 9 months Full year
Jul–Sep
2025
Jul–Sep
2024
Jan–Sep
2025
Jan–Sep
2024  2024
Cash Flow from Investing activities
Acquisition of Portfolio Investments  -386 -511  -739 -1,206 -1,864
Disposal of Portfolio Investments  33 -  205 - 385
Acquisition of Intangible Assets  -101 -87  -235 -234 -531
Disposal of Intangible Assets  19 -  23 - 23
Acquisition of Property, Plant and Equipment  1 -18  -13 -40 -54
Disposal of Property, Plant and Equipment  0 -  2 14 6
Investment in Associated Companies/Subsidiaries  7 44  -90 -1,418 -1,570
Disposal of Associated Companies/Subsidiaries  - -  - 8,640 8,640
Other cash flow from investing activities  - -  - -274 -274
Cash flows from Investing activities -427 -572 -847 5,482 4,761
Cash Flow from Financing activities
Net Proceeds from Borrowings  1,304 -5,702  -397 -8,942 -10,491
Borrowings and Repayment of other Financial liabilities  702 -184  709 -354 100
Repayment of Leases  -50 -49  -181 -173 -229
Share Repurchases  901  -1  840  -63 -63
Finance Income Received  -199 45  65 87 122
Finance Expense Paid  -2,575 -1,189  -3,180 -3,095 -3,430
Receipts from Settlement of Hedging Derivatives  23 235  65 682 767
Payments for Settlement of Hedging Derivatives  0 -86  -71 -190 -287
Net Payments on Settlement of Other Derivatives  -44 -280  -183 -694 -790
Dividends Paid to Non-Controlling Interest  - -  -337 -285 -285
Net Cash flows from Financing Activities 61 -7,211 -2,671 -13,027 -14,586
Net Cash Inflow/Outflow during the period 2,054 -5,975 2,802 -851 -1,673
Cash and Cash Equivalents at the beginning  
of the period  3,017 9,418  2,504 3,966 3,769
Foreign Exchange Differences  -68 -40  -303 328 408
Cash and Cash Equivalents at the end of the Period 5,003 3,402 5,003 3,443 2,504
16
Intrum Interim report third quarter 2025
Q3 in brief Comment by the President and CEO Key financial metrics Segment overview Financial overview Financial  reports  Other information Definitions About Intrum

===== SIDA 17 =====

Statement of Income  
– Parent company
9 months Full year
SEK M
Jan–Sep  
2025
Jan–Sep  
2024 2024
Other Income 371 828 1,335
Income 371 828 1,335
Personnel Expenses -89 -171 -255
IT Expenses -267 -393 -528
Legal Expenses1 43 -107 -125
Other Operating Expenses -180 -642 -718
Depreciation and Amortisation -16 -104 -129
Impairment of intangible and tangible assets - - -410
Net Operating Income/EBIT -139 -588 -830
Net Financial Income -280 3,503 3,417 
Loss/Income before taxes -419 2,914 2,587 
Taxes -174 -7 -161 
Net Loss/Income for the period -593 2,907 2,426 
1) Legal expenses includes a reversal of previously accrued legal expenses from 2024, resulting in a positive impact on the current period.
Net earnings for the period corresponds to comprehensive earnings for the period.
Statement of financial position  
– Parent company, condensed
 
SEK M
30 Sep  
2025
30 Sep 
2024
31 Dec  
2024
ASSETS
Non-Current Assets
Intangible Assets  -  493  141 
Tangible Assets  27  37  35 
Financial Assets  13,368  84,769  55,243 
Total Non-Current Assets  13,395  85,299  55,419 
Current Assets
Receivables  750  854  31,182 
Cash and Cash Equivalents  398  2,124  672 
Total Current Assets  1,147  2,979  31,854 
TOTAL ASSETS  14,543  88,278  87,273 
LIABILITIES AND SHAREHOLDERS’ EQUITY
Restricted Equity  286  778  426 
Unrestricted Equity  7,435  7,899  7,639 
Total Shareholders' Equity  7,721  8,678  8,065 
Non-Current Liabilities  6,409  61,103  61,235 
Current liabilities  413  18,497  17,972 
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY  14,543  88,278  87,273 
17
Intrum Interim report third quarter 2025
Q3 in brief Comment by the President and CEO Key financial metrics Segment overview Financial overview Financial  reports  Other information Definitions About Intrum

===== SIDA 18 =====

Accounting principles
This interim report has been prepared in accordance with the Annual Accounts 
Act and IAS 34 Interim Financial Reporting for the Group and in accordance 
with Chapter 9 of the Annual Accounts Act for the Parent Company.  
The accounting principles applied by the Group and the Parent Company 
are except for the change of SOI (“the consolidated SOI”) outlined below, 
essentially unchanged compared with the 2024 Annual Sustainability Report.
Changes to the consolidate Statement of Income 
In order to enhance transparency of the costs shown in the consolidated 
statement of income, management have decided to move away from previous 
presentation of ‘Direct’ and ‘Indirect’ costs and adopt presentation of costs by 
‘nature’, permitted under IAS 1 Presentation of Financial Statements. 
Roundings and comparisons
Due to roundings, number presented in the interim report may not sum up to 
the exact total and percentages may differ from absolute figures.
Comparisons are made in writing, unless otherwise stated, with comparable 
figures from third quarter 2024.
Parent Company
The Group’s Parent Company, Intrum AB (publ), owner of the group´s 
subsidiaries, has during the year provided central group functions and overseen 
certain group initiatives including development, services and marketing. In May 
as part of the Recapitalisation transaction, a business transfer was completed 
from Intrum AB to the subsidiary Intrum Group Operations AB. The business 
transfer included the relocation of group functions, employees and assets, 
effectively moving operational responsibilities and resources. 
For September YTD the Parent Company, reported income of SEK 371 M (828) 
and loss before tax of SEK -419 M (2,914). The Parent Company held SEK 398 M 
(2,124) in cash and cash equivalents at the end of the quarter.
Development in the period 
Total assets of the group as of 30 September amounted to SEK 72,809 M 
(78,940) and is down 6%, compared to 31 December 2024. The reduction in 
total assets is primarily driven by an impairment on goodwill and intangible 
assets of SEK 1.6 BN and exchange rate movements impacting portfolio 
investments and goodwill, which are predominantly booked in non SEK 
currencies. Total liabilities decreased, primarily driven by a reduction in 
borrowings following the recapitalisation transaction
In the first quarter Intrum signed a strategic co-investment agreement with 
Cerberus. The agreement allows Intrum to scale its investment activity without 
increasing its debt, providing servicing revenues and additional investment 
management revenue, in line with the company’s ‘capital light’ strategy. 
Tax expenses
In the third quarter, the Group reported a higher tax expense than previous 
quarters. This was mainly driven by the release of a deferred tax asset (DTA) 
related to forfeited tax losses in the parent company. Under Swedish tax 
legislation, tax losses are generally forfeited to the extent of any tax-exempt 
gain arising from a debt composition as part of a corporate restructuring, which 
was the case in the Group’s refinancing. In this instance, the gain resulting from 
the bond discount substantially exceeded the amount of tax losses forfeited. 
As a result, the Group benefited from the treatment, however the deferred tax 
asset associated with the forfeited tax losses was required to be released. The 
release of the DTA does not result in any corresponding cash tax impact. 
Recapitalisation Transaction
Intrum started the Recapitalisation process in 2024, with the aim to significantly 
improve and strengthen Intrum’s capital structure. On 31 December 2024, the 
companies voluntary petition for Reorganisation pursuant to Chapter 11 of the 
United States Bankruptcy Code in the Southern District of Texas was approved. 
On 8 January 2025 Intrum entered into a Swedish company reorganisation, as 
part of the Recapitalisation Transaction. 
The Recapitalisation Transaction included
(i) the injection of new capital through the issuance of new senior secured 1.5 
lien notes in a nominal amount of EUR 526 M.
(ii) The existing unsecured notes issued by Intrum AB, which was exchanged for 
a combination of new secured notes issued by a subsidiary of Intrum AB, with 
a nominal amount equal to 90% of the total nominal value of the unsecured 
exchange notes and newly issued ordinary shares in Intrum AB, representing 
10% of the company’s fully diluted share capital was issued to the exchange 
noteholders, allocated on a pro-rata basis to the holders of the unsecured notes. 
(iii) amendment and extension of Intrum’s RCF, with a reduction in 
commitments, and 
(iv) a pro-rata tender offer for EUR 250 M of the Exchange Notes within 60 days 
following the completion. The buy was exercised during Q3 2025.
Intrum’s Reorganisation Plan was confirmed by the Stockholm District Court on 
15 April 2025. On 24 July 2025 the recapitalisation transaction was completed, 
and new money notes issued and the existing unsecured notes were cancelled 
and exchanged for the Exchange Notes, the noteholder ordinary shares 
were distributed and the existing RCF and a senior term loan was amended 
and restated.
Financial impact of the Recapitalisation SEK M
Debt derecognition (haircut 10%) 36,753
Fair value of new bonds -31,231
Total gains 5,522
Equity issued -901
Transaction costs -2,310
Total losses -3,211
Deferred tax -169
Net result 2,142
The Intrum maturity profile below provides a concise overview of the structure 
and timing of debt obligations, offering essential insights into our financial 
stability. The maturity profile has change significantly since the recapitalisation 
transaction was realized and extended the maturity date forward. See the 
charts below for more details around net debt development
30 Jun 2025
Currency
Nominal Amount (m) Nominal Amount 
(SEKm)
Maturity Date
Bonds
EUR  75  837 15/03/2025
SEK  1,100  1,100 03/07/2025
SEK  400  400 03/07/2025
EUR  803  8,963 15/08/2025
SEK  1,250  1,250 12/09/2025
EUR  800  8,931 15/07/2026
SEK  1,000  1,000 09/09/2026
EUR  828  9,248 15/09/2027
EUR  450  5,024 15/03/2028
RCF
EUR  853  9,539 
SEK  2,370  2,370 
Term loan
EUR  90  1,007 14/11/2025
Total nominal value  49,668 
Notes
18
Intrum Interim report third quarter 2025
Q3 in brief Comment by the President and CEO Key financial metrics Segment overview Financial overview Financial  reports  Other information Definitions About Intrum

===== SIDA 19 =====

30 Sep 2025
Currency
Nominal Amount (m) Nominal Amount 
(SEKm)
Maturity Date
Exchange notes
EUR 492 5,436 11/09/2027
SEK 637 637 11/09/2027
EUR 614 6,787 11/09/2028
SEK 795 795 11/09/2028
EUR 613 6,777 11/09/2029
SEK 795 795 11/09/2029
EUR 737 8,144 11/09/2030
SEK 953 953 11/09/2030
RCF
EUR 891 9,849
SEK 1,900 1,900
Term loan
EUR 90 995 14/11/2025
New money notes
EUR 511 5,650 11/09/2027
SEK 173 173 11/09/2027
Total nominal value 48,890
Events after the balance sheet date
On 10 October 2025, the Extraordinary General Meeting (EGM) of Intrum AB 
approved the issuance of up to 1 million new shares to the sellers of Ophelos 
as part of the purchase consideration. To cover the remaining portion of the 
purchase price, not included in the share issue, Intrum transferred 54,404 
treasury shares to the sellers on 17 October. The transfer was executed at a 
price per share corresponding to the subscription price in the share issue, 
with payment made through set-off against the sellers’ claims relating to the 
purchase price of SEK 51.25 M.
 
Following the share issue, the total number of shares and votes in Intrum 
amounts to 136,245,464, and the share capital to approximately SEK 
3,245,829.49. After the transfer, Intrum holds 1,064,651 treasury shares.
Discontinued operations
There are no discontinued operations to report in the third quarter 2025, The 
below table reflect the Q3 2024 impact of discontinued operations on the 
consolidated SOI and related for cashflows. For more information on this please 
see Q3 2024 interim report. 
The financial results of discontinued operations are as follows: 
30 Sep 2024
SEK M
Continuing 
Operations
Discontinued 
Operations
Including 
Discontinued 
Operations
Income 13,208 861 14,068
Share of Results of Associates and JV’s 331 -262 69
Personnel Expenses -5,803 -9 -5,812
IT Expenses -1,013 -1 -1,014
Legal Expenses -1,100 -27 -1,127
Other Operating Expenses -2,601 -58 -2,659
Depreciation and Amortisation -948 -2 -950
Impairment of intangible and tangible 
assets -668 - -668
Net Credit and Gains/Losses -32 - -32
Net Operating Income/EBIT 1,371 504 1,875
Net Financial Items -2,388 -1,772 -4,160
Income before Tax -1,017 -1,269 -2,285
Taxes -201 -92 -293
Net Income/Loss for the period -1,218 -1,361 -2,578
The cashflows of discontinued operations are as follows:
SEK M 30 Sep 2024
Operating Cashflows -1,387
Investing Cashflows 556
Financing Cashflows -2,131
Net Cashflows 2,962
The impact on earnings per share from discontinued operations is as follows:
SEK M 30 Sep 2024
Earnings per Share before Dilution -11.28
Earnings per Share after Dilution -11.28
Transactions with related parties
During the quarter no significant transactions occurred between the 
Group and other closely related companies, board members or the Group 
management team. 
Goodwill
Markets Segment
30 Sep 
2025
30 Sep  
2024
31 Dec  
2024
Norway North 3,413 3,441 3,497
Sweden North 2,013 2,014 2,013
Denmark North 781 795  807 
Finland North 2,610 2,628 2,691
Austria & Germany Middle 2,029 2,035 2,092
Belgium & Netherlands Middle 1,247 1,263 1,285
Switzerland Middle 3,186 3,212 3,268
France Middle 3,441 3,532 3,547
UK & Ireland Middle 3,223 3,488 3,500
Portugal South 951 952  980 
Spain South 3,823 4,925 5,003
Italy South 1,844 1,851 1,901
Greece South 4,861 4,990 5,011
Poland Eastern 41 45  43 
Other Central 233 218  233 
Total 33,697 35,389 35,871
The goodwill balances are annually assessed for impairment by comparing 
carrying amounts to value-in-use estimates. These estimates are measured 
based on post-tax cash flow forecasts. These forecasts are based on historical 
results adjusted with current assumptions and future trends for each respective 
CGUs. However, due to impairment triggers identified during Q3 2025, the 
Group performed a preliminary impairment test of its goodwill in the Spanish 
market, resulting in an impairment charge of SEK 1,009 M. The impairment 
reflects changing market conditions, including lower REO volumes and a 
reduced growth outlook on the Spanish market. 
  
19
Intrum Interim report third quarter 2025
Q3 in brief Comment by the President and CEO Key financial metrics Segment overview Financial overview Financial  reports  Other information Definitions About Intrum

===== SIDA 20 =====

Assurance
The CEO hereby give the assurance that the interim 
report provide a true and fair view of the business 
activities, financial position and results of operations 
of the Group and the Parent Company, and describes 
the significant risks and uncertainties to which the 
Parent Company and Group companies are exposed.
The interim report has been reviewed by the 
Company’s auditors.
Stockholm,  29 October 2025
Johan Åkerblom
President and CEO
The Group will continue to monitor internal and external impairment triggers 
on an ongoing basis. During Q4 2025 the Group will conduct its annual 
assessment for impairment by comparing carrying amounts to value-in-use 
estimates updated cash flow forecasts which may lead to further impairment. 
Significant risks and uncertainties
Risks to which the Group and Parent Company are exposed include but are not 
strictly limited to any and all risks relating to:
• Economic developments, compliance and changes in regulations, 
• Reputation risks, 
• Tax risks, 
• Risks attributable to IT and information management, 
• Epidemic and pandemic risks, 
• Geopolitical risks such as political risks, civil unrest, disruption, or conflicts 
including armed conflicts and war directly or indirectly affecting locations 
where Intrum or its clients maintain or conduct business, 
• Risks attributable to acquisitions, 
• Market risks, 
• Liquidity risks, 
• Credit risks, 
• Risks inherent in and associated with portfolio investments and payment 
guarantees, as well as financing risks. 
The risks are described in more detail in the Board of Directors’ report in 
Intrum’s 2024 Annual and Sustainability report. Intrum has a resilient business 
model and demand for our services and solutions are expected to increase over 
the coming quarters. Intrum has completed the Recapitalisation Transaction, 
and the capital structure has been improved and strengthen. The transaction 
enabled Intrum to extend the maturities of the debt obligations, secure a 10 
percent discount on the reinstated notes, and obtain new financing to support 
the business plan goals and reduce leverage through debt buybacks. More 
information on this transaction can be found in the section “Recapitalisation 
Transaction” on page 18.
Fair value of financial instruments
Most of the Group’s financial assets and liabilities are carried at amortised cost 
in the consolidated financial statements. For outstanding bonds with a total 
carrying value of SEK 36,146 M (36,701) at the end of the quarter, fair value 
is, however, estimated at SEK 32,688 M (30,404). Group does not hold any 
derivatives assets or derivatives liabilities.
Total Financing
2025 2024
As of 1 January  50,701 59,852
Proceeds  5,055 5,934
Repayments -5,452 -14,876
Currency translation effect -1,476 808
Amortised costs and other -2,148 85
As of 30 Sep  46,681 51,803
Net debt consists of EUR and SEK bonds, Bank term loan facilities and 
drawings under the revolving credit facility. Fixed net debt amounted to SEK 
42,237 M (45,872) and is principally composed of EUR and SEK bonds with 
maturities between 2027 and 2030. Net debt in relation to the RTM cash 
EBITDA stands at 4.7x compared to 4.8x at the end of the second quarter 2025. 
At the end of the third quarter SEK 11,892 M (10,534) of Intrum’s revolving credit 
facility was utilized. The cash balance at the end quarter was SEK 5,003 M 
(3,017). 
Borrowings
Bonds Bank Loans Total
Carrying amount 33,941 12,739 46,681
Amortisation 2,180 5 2,185
FX movement 24 - 24
Nominal value 36,146 12,744 48,890
* Amortisation represents the periodic adjustment to the carrying amount of the bonds, 
reflecting the allocation of transaction costs and fair value adjustments upon initial recognition 
to interest expense over the bonds’ terms, ensuring the amortised costs of the bonds align with 
their nominal value upon maturity, using the effective interest rate method.
20
Intrum Interim report third quarter 2025
Q3 in brief Comment by the President and CEO Key financial metrics Segment overview Financial overview Financial  reports  Other information Definitions About Intrum

===== SIDA 21 =====

Intrum AB’s (publ) share is included in Nasdaq Stockholm’s Mid Cap 
Index. During the period 1 July – 30 September 2025, 72,913,926 
shares were traded for a total value of SEK 4,125 M.
The highest price paid during the period was SEK 74.2 (21 July 2025) 
and the lowest was SEK 44.89 (12 Sep 2025). On the last trading day of 
the period, 30 September 2025, the price was SEK 52.06 (latest paid). 
During the period Intrum AB’s (publ) share price decreased by 15 %, 
while Nasdaq OMX Stockholm increased by 4%. 
Other 
information
Shareholders
30 September 2025 No of shares 
Capital and 
Votes, %
Nordic Capital through companies 20,963,936 15.50%
Avanza Pension 6,826,725 5.05%
Norges Bank Investment Management 3,527,168 2.61%
Caius Capital LLP 3,369,449 2.49%
Nordnet Pensionsförsäkring 2,761,652 2.04%
Defa Endeavour AS 2,655,281 1.96%
Evli Plc - General Client Account 2,401,794 1.78%
Kerstin Danielson 1,840,000 1.36%
Magnus Lindquist 1,756,410 1.30%
Handelsbanken Fonder 1,616,683 1.20%
Goldman Sachs International Bank - Broker 1,554,768 1.15%
Lennart Laurén 1,201,650 0.89%
BlackRock 1,146,349 0.85%
Intrum AB 1,119,055 0.83%
Andrés Rubio 1,100,668 0.81%
Total top 15  largest shareholders 53,841,588 39.81%
Other shareholders 81,403,876 60.19%
Total number of shares including treasury shares 135,245,464 100.00%
Source: Modular Finance Holdings and Intrum
The proportion of Swedish ownership amounted to 65.52% (institutions 
24.7 percentage points, mutual funds 9.4 percentage points and private 
individuals 47.0 percentage points).
The information in this interim report is such as 
Intrum AB (publ) is required to disclose pursuant to 
the EU Market Abuse Regulation.
The information was provided under the auspices 
of the contact person above for publication on 30 
October 2025 at 07.00 a.m. CET .
Denna delårsrapport finns även på svenska.
Currency exchange rates
Closing rate 
30 Sep
2025
Closing rate 
30 Sep
2024
Average rate  
Jul–Sep 
2025
Average rate  
Jul–Sep 
2024
Average rate  
Jan–Dec 
2024
1 EUR=SEK 11.06 11.3 11.11 11.41 11,37
1 CHF=SEK 11.81 11.97 11.82 11.88 11,9
1 NOK=SEK 0.94 0.96 0.95 0.99 0.99
1 HUF=SEK 0.03 0.03 0.03 0.03 0.03
Read more:  
Year-end reports, interim reports  
and other financial information
Johan Åkerblom
President and CEO 
tel: +46 8 616 76 66
Annie Ho
Head of Treasury &  
Investor Relations 
tel: +46 8 616 76 66
Masih Yazdi
CFO
 tel: +46 8 616 76 66
Masih Yazdi is the contact 
under the EU Market Abuse 
Regulation.
For further information, 
please contact:
The share
250
300
250
200
150
100
50
0
  Intrum       OMX Stockholm (Indexed)
Share price, SEK (1 January 2021 – 30 September 2025)
2021 2022 2023 2024 2025
21
Intrum Interim report third quarter 2025
Q3 in brief Comment by the President and CEO Key financial metrics Segment overview Financial overview Financial reports Other  information  Definitions About  Intrum

===== SIDA 22 =====

Introduction
We have reviewed the interim report for Intrum AB 
(publ) as of 30 September 2025 and for the nine-
month period then ended. The Board of Directors 
and the Chief Executive Officer are responsible 
for the preparation and presentation of this interim 
report in accordance with IAS 34 and the Annual 
Accounts Act. Our responsibility is to express a 
conclusion on this interim report based on our 
review.
Scope of Review
We conducted our review in accordance with the 
International Standard on Review Engagements 
ISRE 2410 Review of Interim Financial Information 
Performed by the Independent Auditor of the Entity. 
A review consists of making inquiries, primarily of 
persons responsible for financial and accounting 
matters, and applying analytical and other review 
procedures. A review has a different focus and is 
substantially less in scope than an audit conducted 
in accordance with International Standards on 
Auditing (ISA) and other generally accepted auditing 
Auditor’s Review Report
practices. The procedures performed in a review 
do not enable us to obtain a level of assurance 
that would make us aware of all significant matters 
that might be identified in an audit. Therefore, the 
conclusion expressed based on a review does not 
give the same level of assurance as a conclusion 
expressed based on an audit.
Conclusion
Based on our review, nothing has come to our 
attention that causes us to believe that the interim 
report is not, in all material respects, prepared 
for the Group in accordance with IAS 34 and the 
Annual Accounts Act, and for the Parent Company 
in accordance with the Annual Accounts Act. 
Stockholm, date according to electronic signature
Deloitte AB
Patrick Honeth
Authorised Public Accountant
22
Intrum Interim report third quarter 2025
Q3 in brief Comment by the President and CEO Key financial metrics Segment overview Financial overview Financial reports Other  information  Definitions About  Intrum

===== SIDA 23 =====

Adjusted Earnings per Share
Net earnings for the period 
attributable to Parent company’s 
shareholders adjusted for IACs 
attributable to the Parent company’s 
shareholders and the corresponding 
tax amount divided by average number 
of outstanding shares for the period.
Adjusted EBIT
Adjusted EBIT is operating earnings to 
exclude items affecting comparability.
Adjusted EBIT margin
Adjusted operating earnings (EBIT) in 
relation to adjusted income.
Adjusted EBITDA
Adjusted EBITDA is defined as 
EBITDA adjusted for items affecting 
comparability (which includes 
impairments). It can also be 
defined as Adjusted EBIT (which 
includes impairments) adding back 
depreciation and amortisations of 
tangible and intangible assets.
Amortisation percentage
Amortisation Percentage refers to 
the proportion of amortisation on 
portfolio investments relative to the 
gross collections during a reporting 
period.
Definitions
Result concepts, key figures and alternative indicators
Cash EBITDA
Cash EBITDA is adjusted EBITDA 
adjusted to add amortisation of 
portfolio investments and to exclude 
non-cash income from associates and 
joint ventures. 
Cash Income
Cash Income refers to income derived 
from actual cash transactions during 
the reporting period. It excludes 
non-cash components such as: 
portfolio amortisation and unrealised 
gains and losses.
EBIT
EBIT consists of income less operating 
costs as shown in the income 
statement.
EBITDA
EBITDA is defined as EBIT adding back 
depreciation and amortisations of 
tangible and intangible assets.
Estimated remaining collections, 
ERC
The estimated remaining collections 
represent the nominal value of the 
expected future collection on the 
Group’s portfolio investments, 
including Intrum’s anticipated cash 
flows from investments in associates 
and joint ventures.
External income
Income from the Group’s external 
clients and income generated from 
Real Estate Owned assets (REO).
Income
Consolidated income includes 
external servicing income from 
collection services, sale of properties, 
sub scription income etc. Investing 
income from collected amounts less 
amortisation and revaluations for the 
period and other income.
Internal income
Predominantly related to income 
generated by the Servicing segment 
from providing collection services 
on the Group’s own portfolios to the 
Investing segment.
Items affecting comparability
To better reflect the Group´s 
performance, significant items 
impacting comparability are adjusted 
from IFRS figures to provide more 
relevant information. Items Affecting 
Comparability (“IAC”) are based on 
two sub-groups: 
• Group Restructurings 
(“Restructurings”)
• Non-Recurring Items (“NRIs”)
Restructurings are costs relating to 
group-wide business transformation 
programs and M&A (“merger and 
acquisitions”) transactions.
 NRIs are one-off costs or income 
not seen in past reporting periods and 
unlikely to recur. Items tied to core 
operations are excluded from NRIs 
even if infrequent.
Leverage Ratio  
Leverage ratio is calculated as net debt 
divided by Cash EBITDA RTM. Net 
debt includes borrowings, including 
the nominal value of obligations, 
lease liabilities, long-term deferred 
payments, guarantees covering 
indebtedness of other persons and 
other obligations, net defined benefit 
liabilities and non-controlling interests 
in certain co-investment vehicles and 
net of cash equivalents. It excludes 
operating liabilities (provisions and 
hedging obligations) and contingent 
liabilities. Cash EBITDA RTM is the 
adjusted operating profit (EBIT) after 
adding back depreciation of fixed 
assets and portfolio amortizations.
Organic growth
Organic growth refers to the average 
increase in income in local currency, 
adjusted for the effects of acquisitions 
and divestments of Group companies. 
Organic growth is a measure of the 
development of the Group’s existing 
operations that management has the 
ability to influence.
Portfolio Investments including Joint 
Ventures
The commitments to invest in 
portfolios of overdue receivables, 
with or without collaterals made in 
the reporting period. This includes 
real estates and investments in joint 
arrangements where the underlying 
assets are portfolio of receivables or/
and properties.
Portfolio investments – collected 
amounts, amortisations and 
revaluations
Portfolio investments consist of 
portfolios of delinquent consumer 
debts purchased at prices below 
the nominal receivable. These are 
recognised at amortised cost applying 
the effective interest method, based 
on a collection forecast established at 
the acquisition date of each portfolio. 
Income attributable to portfolio invest -
ments consist of collected amounts 
less amortisation for the period 
and revaluations. The amortisation 
represents the period’s reduction in 
the portfolio’s current value, which is 
attributable to collection taking place 
as planned. Revaluation is the period’s 
increase or decrease in the current 
value of the portfolios attributable to 
the period’s changes in forecasts of 
future collection.
REO
REO refers to real estate assets 
acquired by Intrum, typically through 
foreclosure or as part of debt recovery 
processes. 
Return on Portfolio Investments (ROI)
ROI measures adjusted EBIT on a 
full-year basis as a percentage of the 
average carrying value of purchased 
debt. It reflects earnings relative 
to capital tied up and is part of the 
Group’s financial targets. Average 
book value is based on quarterly 
averages, with YTD and RTM 
calculated using opening and closing 
balances for the period.
RTM
Rolling Twelve Months, RTM, refers 
to figures calculated on a last 
12-month basis,  offering the view of 
performance that is not tied to a fixed 
calendar or fiscal year.
23
Intrum Interim report third quarter 2025
Q3 in brief Comment by the President and CEO Key financial metrics Segment overview Financial overview Financial reports Other information Definitions  About Intrum

===== SIDA 24 =====

www.intrum.com
About Intrum
 Intrum is the industry-leading credit 
management company in Europe with 
presence in 20 countries. 
 We help companies prosper by 
offering solutions designed to 
improve cash flow as well as long-
term profitability and by caring for 
their customers. 
 Intrum has around 9,000 dedicated 
professionals who serve around 
70,000 companies across Europe. 
 Our focus is to create shared value 
for business and society, which both 
benefit from companies being paid on 
time and citizens getting out of debt. 
 In 2024, the company generated 
income of SEK 18 billion. 
 Intrum is headquartered in 
Stockholm, Sweden, and the Intrum 
AB (publ) share is listed on the 
Nasdaq Stockholm exchange. Financial calendar 2025
29 Jan 2026 Interim report for the fourth quarter
31 Mar 2026 Annual report 2025
22 Apr 2026 Annual General Meeting 
2:00 PM-3:00 PM
Grev Turegatan 30  
114 38 Stockholm
Business model
We ensure that companies are paid by offering 
a full range of services covering companies’ 
entire credit management chain. In our Credit 
Management Services and Strategic Markets 
segments we act as agents, collect late payments 
on our clients’ behalf and generate a commission. 
In our Portfolio Investments segment we act as 
principals and invest in portfolios of overdue 
receivables as well as similar claims and collect on 
our own behalf. 
Intrum as an investment
Growing market  – The market for our services 
is growing, supported by our clients’ desire 
to manage their balance sheets, also aided by 
regulation, focus on their core businesses as 
well as ongoing NPL generation. Digitisation and 
changes in customer behavior lead to new types of 
receivables being generated. This market backdrop 
is a strong foundation for sustainable organic 
growth. 
Market-leading position  – Intrum is the industry 
leader in Europe, with a presence in 20 
countries. We also work with partners to cover 
approximately 160 countries across the world. 
Given our comprehensive footprint we can partner 
with clients across several markets. Our broad 
knowledge spans multiple industries and our scale 
enables us to invest in the newest technologies 
and innovative solutions. 
A complete range – Intrum offers a complete 
range of credit management services, covering 
companies’ complete credit management chain.
Considerable trust and 100 years of experience – 
Our work can only be performed if we have our 
clients’ complete trust and conduct our operations 
ethically and with respect for the end-customer. 
Our 100 years of experience demonstrate the 
strength of our business model. We build long-term 
partnerships with our clients. 
Intrum leads the way towards a sound economy 
– A functioning credit market is a prerequisite for 
the business community and consequently for 
society as a whole. Intrum play an important role in 
this context.
We are Europe’s 
leading credit 
management partner
Financial targets
External Servicing Adjusted 
Income Growth:
~10% CAGR
Servicing Adjusted EBIT Margin: >25%
Proprietary Investing Book  
Value excl. Revaluation
SEK ~30BN
Leverage ratio 3.5x by end of 2026
24
Intrum Interim report third quarter 2025
Q3 in brief Comment by the President and CEO Key financial metrics Segment overview Financial overview Financial reports Other information Definitions About Intrum

===== SIDA 25 =====

Intrum AB (publ)  /  Riddargatan 10  /  114 35 Stockholm, Sweden
Tel +46 8 616 76 66
www.intrum.com  /  info@intrum.com