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Axactor SE ( (GB:0QIG) ) has provided an update.
Axactor SE reported strong third-quarter financial results, achieving an 11% annualized return on equity and an 11% year-over-year gross revenue growth. The company saw significant contributions from both its non-performing loans and third-party collections segments, with the latter experiencing a 19% growth. Despite a decline in cash EBITDA due to last year’s portfolio sale in Spain, Axactor’s net profit after tax rose by EUR 9 million compared to the previous year, showcasing its robust performance and strategic market positioning.
More about Axactor SE
Axactor SE operates in the financial services industry, focusing on debt collection and management. The company offers services in non-performing loans and third-party collections, striving to gain market share in these segments.
Average Trading Volume: 367,892
Current Market Cap: NOK2.23B
See more data about 0QIG stock on TipRanks’ Stock Analysis page.