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Resurs Holding AB ( (SE:RESURS) ) has shared an update.
Resurs Holding has announced an impairment of 326 MSEK on its IT investments due to a new strategic direction and rapid digital development, impacting its first-quarter results. Despite this, the company’s operating profit increased by 34% compared to the previous quarter, and new financial targets have been set, including maintaining capital ratios above regulatory requirements and distributing up to 50% of net profit.
More about Resurs Holding AB
Resurs Holding, operating through its subsidiary Resurs Bank, is a leader in retail finance in the Nordic region, providing payment solutions, consumer loans, and niche insurance products. Established in 1977, Resurs Bank is a key partner for sales-driven payment and loyalty solutions in retail and e-commerce, serving approximately six million private customers in the Nordics. The company holds a banking license and is listed on Nasdaq Stockholm.
Average Trading Volume: 25,981
Current Market Cap: SEK4.71B
For detailed information about RESURS stock, go to TipRanks’ Stock Analysis page.
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