tiprankstipranks
Advertisement
Advertisement

Intrum launches SEK 7.5 billion equity raise to speed deleveraging and fund growth

Story Highlights
  • Intrum will raise SEK 7.5 billion in equity to accelerate its Intrum 2030 strategy and strengthen its balance sheet.
  • The capital raise aims to cut leverage faster, lower interest costs, fund new portfolio investments and support higher profitability by 2030.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Meet Samuel – Your Personal Investing Prophet

An announcement from Intrum Justitia AB ( (SE:INTRUM) ) is now available.

Intrum AB plans to raise approximately SEK 7.5 billion in new equity through a directed share issue and a fully underwritten rights issue to selected and existing investors. The move is backed by the board and top management, who intend to participate, and is positioned as a key enabler of the company’s Intrum 2030 strategy.

The capital raise is designed to accelerate deleveraging by about two years, targeting a leverage ratio of around 3.0x by 2028 and materially lowering interest costs from current levels. Intrum expects the stronger balance sheet and added financial flexibility to support up to SEK 7 billion in additional portfolio investments by 2028, improve profitability and cash generation, and potentially allow dividend distributions from the 2028 financial year.

Management reiterates existing cost and margin targets, including a total cost base of SEK 10–11 billion and a Servicing EBIT margin of 30–35 percent by 2030. They argue that reduced leverage, lower funding costs and ongoing efficiency measures in technology, data and AI will enhance shareholder value and strengthen Intrum’s competitive position in European credit services.

The most recent analyst rating on (SE:INTRUM) stock is a Hold with a SEK54.00 price target. To see the full list of analyst forecasts on Intrum Justitia AB stock, see the SE:INTRUM Stock Forecast page.

More about Intrum Justitia AB

Intrum AB is a European leader in credit management services, focusing on debt collection, servicing and portfolio investments across multiple markets. The company aims to reduce financial risk for clients while generating returns through disciplined portfolio acquisitions and efficiency-driven servicing operations.

Average Trading Volume: 830,684

Technical Sentiment Signal: Sell

Current Market Cap: SEK4.87B

For an in-depth examination of INTRUM stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1