|Bid||33.38 x 0|
|Ask||33.40 x 0|
|Day's Range||33.34 - 33.88|
|52 Week Range||27.46 - 44.40|
|Beta (5Y Monthly)||1.43|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||May 17, 2018|
|1y Target Est||N/A|
Hoist Finance's second quarter was stable in terms of performance, but with limited growth. The market saw quite a lot of activity, but the competition was very high, leading to high-priced portfolios. The collection performance was solid at 102%. Without one-off effects, profit before tax was SEK 64m.
Lars Wollung has more than 20 years of experience from the financial and IT industries. Among other positions, he was the CEO of Intrum for seven years and of the IT consultancy company Acando for eight years. Lars joined the Hoist Finance Board of Directors in 2019. He has now decided to leave his non-executive position on the Board to support the company's operational efforts as a consultant, to ensure improved profitability.
The Swedish Tax Agency has pursued a case against Hoist Finance where the Administrative court of appeal ruled in favour of Hoist Finance, as was communicated on 2 December 2019. The case was then appealed by the Swedish Tax Agency to the Supreme Administrative Court (the "SAC"), which also ruled in favour of Hoist Finance.