Hoist Finance interim report Q1 2024
"The first quarter of the year was again eventful for Hoist Finance. We invested just over SEK 2 billion and cash flow from both existing and new portfolios were very strong. At the same time, we now see the effects of the rejuvenation programme that has been carried out during the last two years supporting the income statement. All in all, this gives us a solid start to 2024, with operating income of almost SEK 1 billion, profit before tax of SEK 284 million and a return on equity of 19 percent.", says Harry Vranjes, CEO of Hoist Finance.
Key highlights for the first quarter 2024Strong capital and liquidity position, significantly above regulatory requirements with a CET1 ratio of 14.31 percent
Key figures January - March 2024The CET1 ratio per March 31st was 14.31% (15.01)
A combined presentation and teleconference will be held at 09:30 am CEST.
If you wish to participate via webcast, please use the link below.
https://ir.financialhearings.com/hoist-finance-q1-report-2024
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https://conference.financialhearings.com/teleconference/?id=50048760
The presentation and the report will be available on www.hoistfinance.com after the publication.
The information in this interim report has been published by Hoist Finance AB (publ) pursuant to the EU Market Abuse Regulation. This information was submitted for publication through the agency of the contact person set out below, on 3 May 2024, kl 07.30 CEST.