Intrum AB (PUBL) (OTCPK: ITJTQ) Q4 2024 Income Conference called January 30, 2025, Eastern Time, Eastern United States
Company participant
Andres Rubio -CEO
Johan Akerblom -Chief Financial Officer
Conference conference participant
Jacob Hesslevik -SEB
Patrik Brattelius -abg
Ermin Keric-Carnegie
Angeliki Bairaktari -Jpmorgan
Alexander KOEFOED-Nordea
Operator
Welcome to the Intum Q4 2024 report. In the first part of the presentation, the participants will be in the listening mode. [Operator Instructions]
Now, I will give the meeting to CEO Andres Rubio; and CFO Johan Akerblom. Please continue.
Andreis Rubio
Good morning everyone. This is Andrees. A very gray day from Stockholm began in the morning. Thank you for joining the report of the fourth quarter of 2024 and the annual 2024 report. As the operator said, I and our chief financial officer Johan Akerblom.
Jump in, let us jump directly into the 3rd page of the presentation. The fourth quarter is a very solid quarter. Both our business has achieved good business performance and made significant progress in many internal and external plans.
Start from the bottom left. Over the past five years, our profit margin and absolute EBIT have the second strongest service quarter. Our quarter and year -on -year growth was about 26 %.
The profit margin of quarter-fourth quarter was 30 %. The year was 23 %. In this year, it exceeded 19 %. Our goal is 18 years old and 16 % last year. Therefore, as you see in the lower left corner of the north and the Central European region, the obvious profit margin has increased and the active driving force and organic growth are. Our largest economic setting area is known to be the structural decline in the structural decline in Aum and our business. Cancelled our largest economic basin. In Southern Europe. More
