|
Behandler innhold .. vennligst vent..
OldNick
08:40
11.01.2023
#28317
|
ACR: Axactor ASA: Third quarter financial results
Børsmelding
27.10.2022
Oslo - Axactor ASA (Axactor, OSE:ACR) announce third quarter financial results.
Key figures Q3 2022 for continuing operations (Change from Q3 2021 in brackets)*:
- Gross revenue of EUR 82m (up 17%)
- Total income of EUR 59m (up 51%)
- EBITDA of EUR 30m (up 133%)
- Cash EBITDA of EUR 54m (up 22%)
- Return on equity 10% (up 12pp)
- NPL investments of EUR 69m (up 114%)
"We deliver a solid quarter with 10% annualized return on equity and a cash EBITDA growth of 22% y-o-y on continuing operations. Furthermore, I am pleased to see that we have further improved our cost position and can report an industry leading cost-to-collect of 38% so far in 2022. The leading cost position becomes visible through a solid EBITDA-margin of 51% for the quarter" says Johnny Tsolis, CEO of Axactor.
Outlook
- Interest expense on borrowings is expected to increase by EUR 2.1m from the third quarter to the fourth quarter of 2022. A further 1pp increase in interest rates is estimated to increase quarterly interest expenses by EUR 1.8 million.
- A mixed outlook on backbook collections: Rising inflation and interest rates might put pressure on debtors' ability to repay and postpone collections whereas low unemployment rates, increasing salaries and government aid packages is expected to partly offset challenges.
- Continued growth and margin expansion on NPL. Already secured NPL investments of more than 2x replacement capex in 2022 at attractive prices.
Presentations
Available on https://www.axactor.com
For additional information, please contact:
Johnny Tsolis, CEO, Axactor, Tel. +47 9133 5461, E-mail: johnny.tsolis@axactor.com
Kyrre Svae, Chief of Strategy & IR, Axactor, Tel. +47 4783 9405, E-mail: kyrre.svae@axactor.com
ACR: Q3-2022 Report (PDF)
ACR: Q3-2022 Presentation (PDF)
______
ACR: Axactor ASA - Financial targets and preliminary Q4-financials
Børsmelding
11.01.2023
Oslo - Axactor ASA (Axactor, OSE:ACR) announce financial targets and preliminary Q4-financials.
PRELIMINARY Q4-2022 FINANCIALS*
Axactor is delivering on the promised strategy of growth:
- NPL investments increasing to EUR 93m for the quarter and EUR 288m for the year - 2.7x replacement capex
- 5% growth on 3PC revenue in the fourth quarter compared to last year
Axactor is delivering on the promised strategy of accretive portfolio investments:
- Gross IRR on the total book lifted from 15.7% to 17.3% over the last 7 quarters
- The 2022 vintage secured at an attractive and accretive gross IRR level of 21.3%
Axactor is delivering stable collection performance:
- Collection performance came in at 99% in the fourth quarter and for the full year
Axactor is delivering on cost control:
- We see strong cost control in all markets and expect 2022 to come in at an all-time low cost-to-collect
Axactor has improved the interest rate hedge for 2023:
- Current hedge: 1-year duration, EUR 573m, 0.5% EURIBOR strike with start date 15.12.2022
"I am pleased to see increased and accretive investments for the quarter, securing future growth. Furthermore, we deliver another solid and stable quarter on collection performance and have a satisfying interest rate protection in place for 2023" says Johnny Tsolis, CEO of Axactor.
FINANCIAL TARGETS
Growth
- 2023: NPL investments of EUR 100-150m
- 2024 and beyond: NPL investments of EUR 200-300m
Profit
- 2023: Minimum 9% return on equity
- 2024 and beyond: Reference is made to the attached presentation for underlying long-term potential
Returns
- 20-50% dividend pay-out ratio based on FY 2023 results and onwards
Leverage
- Maximum leverage of 3.5x at year-end 2023 and onwards (NIBD/pro-forma adjusted cash EBITDA)
PRESENTATION
10:00 am CET: The financial targets and the preliminary results will be presented in a global investor webcast with a live Q&A session. A recording of the webcast will be made available after the live stream is concluded on https://www.axactor.com
Webcast participation will be possible via the following:
Streaming: https://streams.eventcdn.net/axactor/announcement-of-financial-targets/
Phone
- Dial-in pin: 833120
- Norway: +47 81 50 33 08
- Sweden: +46 10 884 80 16
- Denmark: +45 89 87 50 45
- United Kingdom: +44 20 3936 2999
- United States: +1 646 664 1960
For additional information, please contact:
Johnny Tsolis, CEO, Axactor, Tel. +47 9133 5461, E-mail: johnny.tsolis@axactor.com
Kyrre Svae, Chief of Strategy & IR, Axactor, Tel. +47 4783 9405, E-mail: kyrre.svae@axactor.com
ACR: Vedlegg (PDF) |
highlander
09:56
13.01.2023
#42600
|
Nordea Markets nedgraderer Axactor til hold fra kjøp, og nedjusterer kursmålet til 6,5 kroner pr aksje fra tidligere 8 kroner.
"Lavere vekst og usikkerhet knyttet til kapitalstrukturen gjør at vi nedgraderer vår anbefaling til hold", skriver meglerhuset ifølge TDN. |
OldNick
20:42
09.05.2023
#29085
|
ACR: Axactor ASA - First quarter financial results
Børsmelding
09.05.2023
Oslo - Axactor ASA (Axactor, OSE:ACR) announce first quarter financial results.
Key figures Q1-2023 for continuing operations (change from Q1-2022 in brackets)*
- Gross revenue of EUR 83m (up 5%)
- Total income of EUR 62m (up 8%)
- EBITDA of EUR 30m (up 10%)
- Cash EBITDA of EUR 51m (up 4%)
- Return on equity 8% (stable)
- NPL investments of EUR 33m (down 59%)
"Axactor has had a good start to 2023. We have refinanced our EUR 545m revolving credit facility at satisfying terms, and deliver solid financial results despite macroeconomic headwinds. Furthermore, we continue to deliver cost discipline supporting an impressive EBITDA margin of 49% for the quarter. This is the result of several years of focused and dedicated work" says Johnny Tsolis, CEO of Axactor.
Webcast: https://app.webinar.net/ojDlM562kN1
For additional information, please contact:
Johnny Tsolis, CEO, Axactor, Tel. +47 9133 5461, E-mail: johnny.tsolis@axactor.com
Kyrre Svae, Chief of Strategy & IR, Axactor, Tel. +47 4783 9405, E-mail: kyrre.svae@axactor.com
ACR: Q1-2023 Report (PDF)
ACR: Q1-2023 Presentation (PDF) |
highlander
23:15
13.08.2023
#44423
|
Arctic Securities nedjusterer kursmålet på Axactor til 6,60 kroner pr aksje, fra 7,7 kroner, og gjentar en kjøpsanbefaling.
Meglerhuset venter et driftsresultat på 30 millioner euro i andre kvartal. Meglerhuset venter videre porteføljeinvesteringer på 135 millioner euro i 2023, mot selskapets guiding på 100-150 millioner.
"Oppsummert er våre operasjonelle estimatendringer begrenset, men når vi medberegner økte renter er vårt estimat for resultat pr aksje i 2023 redusert med 27 prosent", skriver Arctic ifølge TDN. |
highlander
15:50
20.08.2023
#44510
|
Axactor la torsdag frem rapporten for andre kvartal, jf. https://newsweb.oslobors.no/message/597075
Axactor fikk en ebitda på 33 millioner euro i andre kvartal 2023, mot en ebitda på 30 millioner euro i samme periode året før. Det var på forhånd ventet et ebitda-resultat på 33 millioner euro, ifølge estimater innhentet av selskapet selv blant fire analytikere.
Kontant-ebitda var 60 millioner euro i kvartalet (58), mot ventet 59 millioner euro.
Brutto omsetning var 91 millioner euro i kvartalet, mot 87 millioner euro samme periode året før.
- - - - - - - - -
ABG Sundal Collier gjentar sin kjøpsanbefaling på Axacor i en analyseoppdatering etter andrekvartalsrapporten.
Imidlertid nedjusterer meglerhuset kursmålet fra 7,1 til 6,9 kroner. |
highlander
21:00
19.09.2023
#44753
|
Nordea Markets oppgraderer Axactor til kjøp fra tidligere hold. Samtidig løftes kursmålet fra 6,5 til 8,7 kroner.
"Den vellykkede refinansieringen av obligasjonen (ACR02) med forfall i januar 2024 har sikret Axactor investeringskapasitet til vekstkapital, etter vårt syn", skriver meglerhuset. |
OldNick
10:09
12.01.2024
#30716
|
ACR: Axactor ASA: Investor presentation
Børsmelding
12.01.2024
Axactor will today present at Arctic Nordic Debt Collection Seminar 2024.
Please find the presentation attached.
ACR: Investor presentation (PDF) |
highlander
08:50
21.02.2024
#46554
|
Axactor la torsdag frem rapporten for fjerde kvartal, jf. https://newsweb.oslobors.no/message/610867
Axactor fikk en ebitda på 34 millioner euro i fjerde kvartal 2023, mot en ebitda på 31 millioner euro i samme periode året før.
Det var på forhånd ventet et ebitda-resultat på 32 millioner euro, ifølge estimater innhentet av selskapet selv blant fire analytikere.
Kontant-ebitda var 55 millioner euro i kvartalet (58), mot ventet 58 millioner euro.
Brutto omsetning var 85 millioner euro i kvartalet (89), mot ventet 90 millioner euro.
Axcator har satt mål for 2026, og venter årlige NPL-investeringer på 100-200 millioner euro.
Andre mål finansielle mål for 2026 er en egenkapitalavkastning på minst 12 prosent, et årlig utbytte på 20-50 prosent og en maksimal belåning på 3,5 ganger, opplyses det.
----------
Det er klart for alle som følger bransjen til Axactor at man er inne i en periode med høy grad av usikkerhet. Samtidig er det ingen tvil om at mye negativitet er priset inn i Axactor-aksjen.
Det sier konsernsjef Johnny Tsolis under selskapets kvartalspresentasjon torsdag.
Videre sier han at avstanden mellom kjøpere og selgere av gjeldsporteføljer fortsatt er stor, og at Axactor vil opprettholde sin kapitaldisiplin gjennom året. Porteføljeprisene ventes imidlertid å stabilisere seg på tilstrekkelig attraktive nivåer de neste to-tre årene.
-Grunnen for dette er ubalansen vi ser i tilbud og etterspørsel, og det faktumet at tilbudssiden mangler likviditet og markedet som helhet har annonsert en betydelig reduksjon i investeringer fremover, sier Tsolis.
-Porteføljeprisene må justere seg til et nivå der bransjen kan levere en tilstrekkelig avkastning til sine aksjonærer, og jeg tror det er akkurat dette vi observerer i markedet nå, legger han til. (TDN)
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Nordea Markets gjentar sin kjøpsanbefaling på Axactor i en analyseoppdatering etter fjerdekvartalsrapporten.
Imidlertid nedjusterer meglerhuset kursmålet fra 8,5 til 8 kroner. |
OldNick
17:31
07.05.2024
#31582
|
Axactor kom med sitt Q1-2024 resultat idag.
Det var relativt svakt, og det likte ikke markedet noe særlig, og sensdte aksjen ned -11.4%.
ACR: Axactor ASA - First quarter financial results
Børsmelding
07.05.2024
Oslo - Axactor ASA (Axactor, OSE:ACR) announce first quarter financial results.
Key figures Q1-2024 (change from continuing operations Q1-2023 in brackets)*:
- Gross revenue of EUR 79m (down -4%)
- Total income of EUR 57m (down -9%)
- EBITDA of EUR 26m (down -14%)
- Cash EBITDA of EUR 49m (down -5%)
- Annualized return on equity 1% (down -6 %-points)
- NPL investments of EUR 11m (down -67%)
"First quarter was a soft quarter for Axactor. Low investments in 2023 and so far in 2024, a challenging collection environment and elevated interest rates puts pressure on the financial result. Despite the challenges I am extremely proud of all the employees and their achievements during the quarter. We have successfully conducted several performance improvement projects, renegotiated 3PC contracts at favourable terms and improved the organizational structure to facilitate increased knowledge sharing across countries" says Johnny Tsolis, CEO of Axactor.
For additional information, please contact:
Johnny Tsolis, CEO, Axactor, Tel. +47 9133 5461, E-mail: johnny.tsolis@axactor.com
Kyrre Svae, Chief of Strategy & IR, Axactor, Tel. +47 4783 9405, E-mail: kyrre.svae@axactor.com
ACR: Q1-2024 Report (PDF)
ACR: Q1-2024 Presentation (PDF)
ACR: Q1-2024 Conference call webcast
ACR: 2023 Annual Report (PDF)
ACR: Investor relations |
highlander
18:31
08.05.2024
#47455
|
Det har kommet et par analyseoppdateringer etter den skuffende førstekvartalsrapporten, jf. OldNick #31582.
Nordea Markets nedgraderer Axactor fra kjøp til hold - og kutter over 40 prosent i kursmålet, fra 8 til 4,7 kroner.
DNB Markets nedgraderer også aksjen fra kjøp til hold. Sistnevnte meglerhus nedjusterer kursmålet fra 6,8 til 4,6 kroner.
Endret 18:32 08.05.2024 av highlander |
highlander
18:54
12.05.2024
#47483
|
Arctic Securities nedgraderer Axactor frs kjøp til en hold-anbefaling, med et kursmål på 4,5 kroner pr aksje, ned fra 6,6 kroner.
"Med svake utsikter for 2024 klarer vi ikke å finne noen kortsiktige triggere som kan føre til en reprising av aksjen, til tross for den tilsynelatende lite utfordrende verdsettelsen", skriver meglerhuset ifølge TDN. |
highlander
08:40
21.05.2024
#47575
|
Kredittratingbyrået Moody's Investors Service senker Corporate Family-ratingen (CFR) til Axactor til B2 fra B1, mens selskapets seniorusikrede rating senkes til Caa1 fra B3.
Det fremgår av en melding tirsdag.
Moody's skriver i pressemeldingen, datert 17. mai, at årsaken til nedgraderingen er Axactors svekkede økonomiske resultater i det utfordrende makroøkonomiske miljøet, preget av reduserte innkrevinger i visse regioner, som blir ytterligere forverret av økte finansieringskostnader. (Newsweb, TDN) |
highlander
00:06
31.05.2024
#47688
|
ABG Sundal Collier gjentar sin kjøpsanbefaling på Axactor i en analyseoppdatering.
Imidlertid nedjusterer meglerhuset kursmålet fra 6,75 til 5,5 kroner. |
OldNick
17:10
15.08.2024
#32372
|
Axactor ASA kom med sitt Q2-resultat idag.
ACR: Axactor ASA - Second quarter financial results
Børsmelding
15.08.2024
Oslo - Axactor ASA (Axactor, OSE:ACR) announce second quarter financial results.
Key figures Q2-2024 (change from continuing operations Q2-2023 in brackets)*
- Gross revenue of EUR 89m (down 2%)
- Total income of EUR 59m (down 9%)
- EBITDA of EUR 30m (down 7%)
- Cash EBITDA of EUR 61m (up 3%)
- Annualized return on equity of 4% (down 6ppt)
- NPL investments of EUR 70m (up 75%)
"I am pleased to see that we deliver 3% Cash EBITDA growth in Q2, despite a challenging collection environment and inflationary pressure on cost. Investments in 2023 were low, so the key driver here is strict cost control. Furthermore, we were able to invest EUR 70m in NPL portfolios at attractive prices, which is the highest investment level in 6 quarters" says Johnny Tsolis, CEO of Axactor.
*EBITDA and other alternative performance measures (APMs) are defined and
reconciled to the IFRS financial statements as a part of the APM section on page
37-39 of the third quarter financial report.
For additional information, please contact:
Johnny Tsolis, CEO, Axactor, tel. +47 9133 5461, E-mail: johnny.tsolis@axactor.com
Kyrre Svae, Chief of Strategy & IR, Axactor, tel. +47 4783 9405, E-mail: kyrre.svae@axactor.com
ACR: Q2-2024 Report (PDF)
ACR: Q2-2024 Presentation (PDF)
ACR: Q2-2024 Conference call webcast
ACR: Investor relations |
OldNick
10:46
19.08.2024
#32406
|
ACR: Axactor ASA - Mandatory Notification of Trade by Primary Insider
Børsmelding
16.08.2024
Oslo - Kyrre Svae, Chief of Strategy & IR in Axactor ASA, has today acquired 43 000 shares in the Company at an average price of 3.99 per share. After this transaction Kyrre Svae controls 43 000 shares in the Company.
[Kommentar: 1 vedlegg på link]
______
ACR: Axactor ASA - Mandatory Notification of Trade by Primary Insider
Børsmelding
19.08.2024
Oslo - Vibeke Ly, Chief of Staff in Axactor ASA, has on 16 August acquired 37 100 shares in the Company at an average price of 4.04 per share. After this transaction Vibeke Ly controls 240 850 shares in the Company.
[Kommentar: 1 vedlegg på link] |
highlander
12:22
07.10.2024
#48923
|
Nordea Markets oppgraderer Axactor til en kjøpsanbefaling, fra tidligere hold, med et kursmål på 6,2 kroner pr aksje.
Det fremgår av en analyseoppdatering mandag.
Meglerhuset nedjusterer 2024-estimatet for justert driftsresultat med 12 prosent, holder driftsresultat-estimatet for 2025 uendret, og hever driftsresultat-estimatene for 2026 med fem prosent.
Nordea tror Axactor kan forbedre kredittene og unngå å bryte covenants. Meglerhuset mener også at resultat pr aksje vil stige hvis rentene fortsetter å falle, selv uten et massivt investeringsnivå. |
highlander
03:44
10.10.2024
#48972
|
DNB Markets gjentar sin hold-anbefaling på Axactor i en analyseoppdatering.
Meglerhuset oppjusterer samtidig kursmålet fra 4,3 til 4,4 kroner. |
highlander
13:05
04.11.2024
#49319
|
ABG Sundal Collier nedjusterer kursmål på Axactor til 5,1 kroner fra 5,7 kroner, og gjentar en kjøpsanbefaling på aksjen.
Det fremgår av en oppdatering mandag, ifølge TDN.
Meglerhuset senker estimatene på kontant-ebitda for 2025-2026 etter fortsatt underinnkreving i tredje kvartal 2024, lavere investeringsnivåer og et mindre optimistisk syn for 2025. ABG øker også den anslåtte amortiseringsraten, som reflekterer vedvarende underinnkreving, men er delvis oppveid av positive kostnadsjusteringer. |
OldNick
16:47
04.11.2024
#33095
|
Axactor ASA kom merd sitt Q3-resultat forrige torsdag.
ACR: Axactor ASA - Q3-2024 financial results
Børsmelding
31.10.2024
Oslo - Axactor ASA (Axactor, OSE:ACR) announce third quarter financial results.
Key figures Q3-2024 (change from continuing operations Q3-2023 in brackets)*:
- Gross revenue of EUR 86m (up 2%)
- Total income of EUR 55m (down 15%)
- EBITDA of EUR 27m (down 23%)
- Cash EBITDA of EUR 59m (up 6%)
- Annualized return on equity to shareholders of 0% (down 5 %-points)
- NPL investments of EUR 13m (down 34%)
"I am pleased to see that we deliver 6% Cash EBITDA growth in Q3, despite a challenging collection environment and inflationary pressure on cost. I also really want to thank all our employees working with 3PC. They deliver great services every day to our clients and create impressive financial results. Adjusted for the 3PC exit in Finland and Sweden, total income is up 6% year-over-year and the contribution margin came in at 37%, up from 33% same quarter last year" says Johnny Tsolis, CEO of Axactor.
For additional information, please contact:
Johnny Tsolis, CEO, Axactor, tel. +47 9133 5461, E-mail: johnny.tsolis@axactor.com
Kyrre Svae, Chief of Strategy & IR, Axactor, tel. +47 4783 9405, E-mail: kyrre.svae@axactor.com
ACR: Q3-2024 Report (PDF)
ACR: Q3-2024 Presentation (PDF)
ACR: Q3-2024 Conference call webcast (du må registrere deg, men kan oppgi fiktivt navn/E-mail).
ACR: Investor relations |
highlander
21:32
01.03.2025
#49631
|
Arctic Securities øker kursmålet på Axactor fra 3,7 til 4,5 kroner.
Meglerhuset gjentar samtidig en hold-anbefaling på aksjen. |
OldNick
19:49
09.03.2025
#34263
|
ACR: Axactor ASA - Sale of NPL portfolios
Børsmelding
19.11.2024
Oslo - Axactor ASA (Axactor, OSE:ACR) has entered into an accretive EUR 83 million sale of NPL portfolios in Spain. In parallel, the company announces an anticipated negative revaluation of the remaining portfolios for the fourth quarter 2024.
Axactor has entered into a binding agreement to sell NPL portfolios for a total of EUR 83 million, representing a 2% premium over book value. The transaction represents approximately 6% of Axactor’s total NPL portfolio and the proceeds from the transaction will be used to reduce debt. The positive impact on cash metrics, such as cash EBITDA*, is significant, supporting covenant compliance for at least the next four quarters.
“We believe this transaction demonstrates Axactor’s commitment to enhancing financial stability while navigating challenging market conditions. This strategic sale not only supports covenant compliance but also provides flexibility to manage our portfolio proactively,” says CEO Johnny Tsolis.
Additionally, as part of the routine quarterly NPL revaluation process, Axactor has booked a net negative NPV of changes in collection forecasts of EUR 12 million so far in the fourth quarter, and October collections ended EUR 3 million below forecasts (corresponding to a collection performance of 90%). Further meaningful negative revaluations are anticipated before quarter-end, and will be published as part of the fourth quarter 2024 report. The revaluations do not have any cash impact, and as such do not impact neither the interest coverage nor the leverage ratio covenants. There is sufficient headroom under the loan-to-value covenants to remain compliant also after the anticipated revaluations.
Together, these actions provide the company with a strengthened covenant position, further reinforcing the balance sheet.
For additional information, please contact:
Johnny Tsolis, CEO, Axactor, tel. +47 9133 5461, E-mail: johnny.tsolis@axactor.com
Kyrre Svae, Chief of Strategy & IR, Axactor, tel. +47 4783 9405, E-mail: kyrre.svae@axactor.com
______
ACR: Axactor ASA - Investor presentation
Børsmelding
10.01.2025
ACR: Presentation at Arctic Nordic Debt Collection Webinar 2025 (PDF)
______
Axactor ASA kom merd sitt Q4-resultat 14 februar.
ACR: Axactor ASA - Fourth quarter and full year financial results 2024
Børsmelding
14.02.2025
Oslo - Axactor ASA (Axactor, OSE:ACR) announce fourth quarter and full year financial results.
The figures for both the fourth quarter and the full year 2024 are heavily impacted by two key events in the final quarter of the year, which were announced 19 November 2024:
Axactor sold Spanish NPL portfolios for a gross sales price of EUR 83 million. The impact on cash metrics from the sale was substantial and elevates the gross revenue and cash EBITDA figures. The transaction was made at an average premium of 2% over book value, and thus have limited impact on total revenue and the net result. The improvement in cash metrics nonetheless ensures compliance with bond covenants and enables deleveraging.
Axactor made significant downward revisions to its forward collection curves after seeing a challenging collection environment across most of its markets. The net impact from these NPL revaluations for the quarter ended at EUR -104 million, affecting the total revenue, net result and book values for the period. The revaluations do not have any cash impact, and the revalued claims remain valid and continue to accrue interests where applicable. If the collection environment improves beyond the Group’s expectations, the claims are still collectible and may represent an upside potential. Axactor has a total of EUR 16.5 billion in debt under management within the NPL segment per the end of 2024, spread across 964 thousand individual claims.
Despite recognizing a significant NPL revaluation, Axactor’s balance sheet remains tangible and strong with a healthy equity ratio of 26%. The proceeds from the Spanish portfolio sale were partly used to buy back bond loans at sub-par values, as Axactor continue deleveraging and preparing for the upcoming loan maturities in 2026.
“The portfolio sale in Spain at attractive terms, in addition to our repurchase of the 2026 bond, demonstrates Axactor’s commitment to value creating transactions such as potential further accretive bond repurchases and portfolio divestures in 2025,” says CEO Johnny Tsolis, and continues:
“Although our near-term outlook has been taken down, we have also significantly reduced the risk in our balance sheet. The revaluations will help us improve our collection performance versus forecasts and we have created covenant headroom through the Spanish portfolio sale. We expect reduced interest expenses from both falling IBOR curves and reduced debt, and will continue our focus on cost, collections and efficiency, which in total provides a solid outlook for the coming quarters.”
Key figures Q4-2024 (change from continuing operations Q4-2023 in brackets)*:
- Gross revenue of EUR 161m (up 89%)
- Total revenue of EUR -43m (down EUR 108m)
- EBITDA of EUR -74m (down EUR 108m)
- Cash EBITDA of EUR 130m (up 135%)
- Profit after tax of EUR -85m (down EUR 94m)
- NPL investments of EUR 34m (up 39%)
Key figures FY-2024 (change from continuing operations 2023 in brackets)*:
- Gross revenue of EUR 415m (up 21%)
- Total revenue of EUR 128m (down 50%)
- EBITDA of EUR 9m (down 93%)
- Cash EBITDA of EUR 298m (up 35%)
- Profit after tax of EUR -79m (down EUR 113m)
- NPL investments of EUR 128m (up 10%)
ACR: Q4-2024 Report (PDF)
ACR: Q4-2024 Presentation (PDF)
ACR: Q4-2024 Conference call webcast (reg. kreves, men dummy data fungerer).
ACR: Investor relations
______
ACR: Axactor ASA - Mandatory Notification of Trade by Primary Insider
Børsmelding
17.02.2025
Oslo - Johnny Tsolis, CEO in Axactor ASA, has on Friday 14.02.2025 acquired 400 000 shares in the Company at an average price of 3.9477 per share. After this transaction Johnny Tsolis controls 2 170 000 shares in the Company directly or indirectly through a company under his control.
[Kommentar: 1 vedlegg på link]
______
ACR: Axactor ASA - Mandatory Notification of Trade by Primary Insider
Børsmelding
17.02.2025
Oslo - Karl Mamelund, Chief Investment Officer in Axactor ASA, has today acquired 80 000 shares in the Company at an average price of 4.11 per share. After this transaction Karl Mamelund controls 276 858 shares in the Company.
[Kommentar: 1 vedlegg på link]
______
ACR: Axactor ASA - Mandatory Notification of Trade by Primary Insider
Børsmelding
27.02.2025
Oslo - Kyrre Svae, Chief of Strategy & IR in Axactor ASA, has today acquired 37 000 shares in the Company at an average price of 4.54 per share. After this transaction Kyrre Svae controls 80 000 shares in the Company.
[Kommentar: 1 vedlegg på link] |
OldNick
22:46
08.05.2025
#34688
|
ACR: Arctic Nordic Debt Collection Seminar Presentation (PDF)
______
Axactor ASA kom merd sitt Q1-2025 resultat onsdag.
ACR: Axactor ASA delivers significant growth and 12% return on equity for the first quarter
Børsmelding
07.05.2025
Oslo - Axactor ASA announce first quarter financial results
Axactor delivers strong profit in Q1 2025, achieving an annualized return on equity of 12%. Key improvement factors include NPL collection performance of 101%, reduced financial expenses, and a solid 28% Y/Y revenue growth for the 3PC segment. Total gross revenue growth excluding the Spanish portfolios sold in 2024 reached 7%.
Key figures Q1-2025 (change from Q1-2024 in brackets)*:
- Gross revenue of EUR 77m (down 2%)
- Total revenue of EUR 65m (up 15%)
- EBITDA of EUR 32m (up 23%)
- Cash EBITDA of EUR 47m (down 5%)
- Net profit after tax of EUR 10m (up EUR 9m)
- Annualized return on equity to shareholders of 12% (up 11 %-points)
“The curve adjustments we implemented in 2024 are affirmed by a 101% collection performance, and we are very pleased to deliver an all-time high return on equity to our shareholders in the first quarter,” says CEO Johnny Tsolis.
Net financial items for the first quarter ended at EUR 17 million, down 27% from the first quarter 2024. Axactor continued to re-purchase bond loans in the quarter at sub-par prices, resulting in a net gain of more than EUR 1 million. In addition to a lower outstanding debt, the interest expenses were also positively affected by falling reference rates (IBOR).
“Our 2026 loan maturity plan is advancing ahead of schedule. We announced the agreement to extend the RCF maturity in April, and with the recent bond re-purchases we are well underway to handle the ACR03 bond,” states Mr. Tsolis. “Adding our continuous focus on cost and efficiency to the mix, our outlook remains promising.”
For additional information, please contact:
Johnny Tsolis, CEO, Axactor, tel. +47 9133 5461, E-mail: johnny.tsolis@axactor.com
Kyrre Svae, Deputy CEO & Chief Strategy Officer, tel. +47 4783 9405, E-mail: kyrre.svae@axactor.com
ACR: Q1-2025 Report (PDF)
ACR: Q1-2025 Presentation (PDF)
ACR: Q1-2025 Conference call webcast (reg. kreves, men dummy data fungerer).
ACR: 2024 Annual Report (PDF)
ACR: Investor relations
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AXACTOR: DNB MARKETS HØYNER KURSMÅL TIL 5.90 FRA 4.30, GJENTAR HOLD
FA.no/Infront TDN Direkt
08.05.2025
Oslo - DNB Markets høyner kursmålet på Axactor til 5.90 kroner pr aksje, fra 4.30 kroner, og gjentar en holdanbefaling.
Det fremgår av en oppdatering fra meglerhuset onsdag.
"Axactor har sett en kraftig aksjekursbevegelse, opp 40% hittil i år. Med en P/E for 2026 på 7.8 ganger og en P/B for 0.4 ganger mener vi verdsettelsen er fair", skriver meglerhuset.
Endret 23:08 08.05.2025 av OldNick |
OldNick
22:30
11.09.2025
#35429
|
Axactor ASA kom merd sitt Q2-resultat 14 august.
Selskapet ser ut til å ha gjenvunnet investorenes tillit i år.
Aksjen er opp over 100% så langt i 2025, og det meste har kommet fra april og utover. Vil det fortsette?
ACR: Axactor ASA delivers significant growth and 12% return on equity for the second quarter excluding NRI’s*
Børsmelding
14.08.2025
Oslo - Axactor ASA announce second quarter financial results.
Axactor delivers strong profit in Q2-2025, achieving a reported annualized return on equity of 8% and 12% excluding NRI’s*. Key improvement factors include NPL collection performance of 102%, reduced financial expenses, and a solid 14% y-o-y revenue growth for the 3PC segment. Total y-o-y revenue growth reached 8%.
Key figures Q2-2025 (change from Q2-2024 in brackets)**:
- Gross revenue of EUR 81m (down 9%, driven by portfolio sale in Spain)
- Total revenue of EUR 64m (up 8%)
- EBITDA of EUR 33m (up 7%)
- Cash EBITDA of EUR 50m (down 18%, driven by portfolio sale in Spain)
- Net profit after tax of EUR 7m (up EUR 3m)
- Reported annualized return on equity to shareholders of 8% (up 4pp) and 12% excluding NRI’s*
“The curve adjustments we implemented in 2024 are affirmed by a 102% collection performance, and we are very pleased to deliver an all-time high return on equity to our shareholders in the first half of 2025,” says CEO Johnny Tsolis.
During the quarter Axactor successfully refinanced the RCF and the majority of the ACR03 bond. The ACR05 bond was placed at more than 3pp lower total interest rate compared to the most recent bond placement, ACR04.
“The successful refinancing completed in the second quarter provides greater financial flexibility to focus on investments that drive growth and build on the positive operational development achieved in recent quarters,” states Mr. Tsolis.
For additional information, please contact:
Johnny Tsolis, CEO, tel. +47 9133 5461, E-mail: johnny.tsolis@axactor.com
Kyrre Svae, Deputy CEO & CSO, tel. +47 4783 9405, E-mail: kyrre.svae@axactor.com
ACR: Q2-2025 Report (PDF)
ACR: Q2-2025 Presentation (PDF)
ACR: Q2-2025 Conference call webcast (reg. kreves, men dummy data fungerer).
ACR: Investor relations
______
Noen analyseoppdateringer:
Nordea Markets: Kursmål 11.10
ABC Sundal Collier: Kursmål 9.50
AXACTOR: ARCTIC OPPJUSTERER KURSMÅL TIL 8.90 (6.50), GJENTAR HOLD
FA.no/Infront TDN Direkt
25.08.2025
Oslo - Arctic Securities oppjusterer kursmålet på Axactor til 8.90 kroner fra 6.50 kroner og gjentar en holdanbefaling på aksjen.
Det fremgår av en analyse fra meglerhuset mandag.
Arctic løfter sine 3PC-topplinjeestimater for 2025 og 2027 med henholdsvis 7% og 8%, mens resultat for skatt løftes med 3% og 4%.
Endret 22:30 11.09.2025 av OldNick |
gorwell
12:04
29.04.2026
#35092
|
[Beklager! Nye innlegg er bare tilgjengelig for abonnenter! Allerede registrert? Logg inn eller Gå til registrering og kjøp abonnement!] |
gorwell
23:43
20.05.2026
#35175
|
[Beklager! Nye innlegg er bare tilgjengelig for abonnenter! Allerede registrert? Logg inn eller Gå til registrering og kjøp abonnement!] |
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