Added to YB: 2025-12-02
Pitch date: 2025-11-28
INTRUM.ST [neutral]
Intrum AB (publ)
-4.88%
current return
Author Info
Pari Passu is a Private Equity investor at a major hedge fund who writes about anything they find interesting in investing. Sign up for the newsletter.
Company Info
Intrum AB (publ), together with its subsidiaries, provides payment solutions, and credit and collection services in Europe and internationally.
Market Cap
SEK 5.3B
Pitch Price
SEK 39.10
Price Target
N/A
Dividend
N/A
EV/EBITDA
12.60
P/E
-51.13
EV/Sales
2.84
Sector
Commercial Services and Supplies
Category
turnaround
Intrum, a Transatlantic Turnaround
INTRUM.ST (overview): Europe's largest debt collector filed Texas Chapter 11 after COVID rate hikes crushed margins from 67% to 52%, burning $1B cash 2022-24. Unable to refi $3.5B 2025-26 maturities, forced to sell $720M NPL portfolio to Cerberus. Restructuring complete but core business remains challenged by high rates & weak collections.
Read full article (12 min)