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Intrum AB (publ) (INJJF)

2.0000

0.0000

(0.00%)

At close: March 21 at 11:19 AM EDT

Intrum: Millions to lose sight of spending as monthly subscriptions and payment deferrals pile pressure on household finances

Millions of consumers across Europe are losing sight of their monthly spending and household outgoings, as almost half (45%) of consumers admit to being taken by surprise by how much their subscription fees build up without them realising. This is according to the 2023 European Consumer Payment Report from Intrum, the credit management services provider.As inflation outpaces wage growth, consumers find themselves with considerably less money in their pocket. Three in four (76%) admit to just bre

PR Newswire 5 months ago
Intrum: Three quarters of consumers admit to breaking even or overspending each month

Three quarters (76%) of consumers are only just breaking even or overspending each month, according to the upcoming annual edition of the European Consumer Payment Report from credit management services provider Intrum. Breaking this down by country, the figure rises to 79% of UK consumers overspending or just breaking even. Similarly, consumers are feeling economic the pressure more so in Switzerland (78%), Ireland (80%), Germany (83%) and Greece (87%).

PR Newswire 6 months ago
Intrum: A third of European businesses practice late payment hypocrisy

More than a third (37 per cent) of European businesses are increasingly paying their suppliers later than they would ever accept from their own clients and customers. This is according to the findings of Intrum's 2023 European Payment Report. In the UK, this figure rises to 54 per cent, a significant spike compared with neighbouring European countries such as France (36 per cent), Germany (36 per cent) and Spain (33 per cent).

PR Newswire 9 months ago
Invitation to Intrum's Capital Markets Day 2023

Intrum is delighted to invite institutions, investors, analysts and financial media to our Capital Markets Day on 13 September, 2023.

PR Newswire 10 months ago
Intrum executes on strategic plan: Completes acquisition of UK servicing platforms from Arrow Global, wins CaixaBank real estate servicing contract in Spain and exits Brazil

Intrum AB successfully completes the acquisition of the Capquest and Mars UK servicing platforms from Arrow Global Group and 50 per cent of Arrow's UK unsecured consumer back book. The transaction is an important milestone in line with the ambition to become the leading servicer in UK. In addition, Intrum wins a tender for CaixaBank's real estate services contract in Spain, while in parallel, executes the exit of its operations in Brazil.

PR Newswire 10 months ago
1 in 2 European businesses abandon growth as high inflation begins to bite: Intrum

More than half (53 per cent) of businesses across Europe have shifted their focus away from growth and towards cost cutting, in response to rising inflation and interest rates, according to the annual European Payment Report from credit management services provider Intrum.

PR Newswire 10 months ago
Chasing late payments costs European businesses €275bn a year and takes the average firm 74 days to resolve: Intrum

Businesses across Europe are spending more than 74 days per year – more than a quarter of the working year* – chasing late payments, according to the annual European Payment Report from credit management services provider Intrum.

PR Newswire 11 months ago

Performance Overview

Return	INJJF	OMX Stockholm 30 Index
YTD	-62.83%	+6.45%
1-Year	-295.13%	+13.50%
3-Year	--	+13.52%

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Intrum AB (publ) (INJJF)

Intrum: Millions to lose sight of spending as monthly subscriptions and payment deferrals pile pressure on household finances

Intrum: Three quarters of consumers admit to breaking even or overspending each month

Intrum: A third of European businesses practice late payment hypocrisy

Invitation to Intrum's Capital Markets Day 2023

Intrum executes on strategic plan: Completes acquisition of UK servicing platforms from Arrow Global, wins CaixaBank real estate servicing contract in Spain and exits Brazil

1 in 2 European businesses abandon growth as high inflation begins to bite: Intrum

Chasing late payments costs European businesses €275bn a year and takes the average firm 74 days to resolve: Intrum

Performance Overview