Today Intrum publishes its Annual and Sustainability Report for 2023 on the corporate website, www.intrum.com.
Surging inflation and higher borrowing costs were taking a toll on household finances during 2023, while many companies were conserving cash by delaying payments, causing severe liquidity issues across
In the annual report,
"For Intrum, 2023 marked a year of both external challenges and internal transformation. It was an active year of change where we outlined the new strategic agenda to Simplify & Focus our business plus Grow & Transform, to accelerate growth and realise our full potential. We have initiated numerous activities and taken significant steps in line with the three strategic pillars: operational excellence, client-centric and capital-light.
Intrum's near-term tactical measures are formed to address our current challenges which is to strengthening our financial profile through reduced leverage. In the medium to long-term fundamental measures are set to drive technology-led improvements in operational efficiency and effectiveness, increase commercial focus to strengthen and grow our Servicing business, and leverage third-party capital to grow our Investing business. These measures will secure profitable growth and cement our market leading position for years to come", says
For further information, please contact:
Anna Fall,
anna.fall@intrum.com
This information is information that
Intrum is the industry-leading provider of Credit Management Services with a presence in 20 markets in
https://news.cision.com/intrum/r/intrum-s-annual-and-sustainability-report-2023--strategic-shift-in-fast-changing-and-challenging-eco,c3955149
https://mb.cision.com/Main/8612/3955149/2706736.pdf
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