Year-end report 2018

JANUARY–DECEMBER 2018 (COMPARED WITH JANUARY–DECEMBER 2017) 

• Revenue increased by 20 percent, amounting to SEK 2,321 million (1,933) 
• Earnings after tax (EAT) before extra provisions under IFRS 9 rose by 17 percent, amounting to SEK 602 million (517)
• Earnings after tax (EAT) increased by 10 percent, amounting to SEK 566 million (517) 
• Return on equity (RoE) was 17.6 percent (18.1) 
• Earnings per share increased to SEK 5.51 (5.03) 
• Continued favourable growth with increased quality in the credit portfolio, SEK 26,104 million (19,507), up 34 percent
• Strong growth for all products in the Corporate segment 
• Acquisition strengthens position in the Payments segment 
• Good growth in private loans 
• Martin Nossman appointed CEO in August 2018

THE FOURTH QUARTER OF 2018 (COMPARED WITH THE FOURTH QUARTER OF 2017) 

• Revenue increased by 30 percent, amounting to SEK 690 million (530) 
• Earnings after tax (EAT) before extra provisions under IFRS 9 rose by 48 percent, amounting to SEK 191 million (129)
• Earnings after tax (EAT) increased by 20 percent, amounting to SEK 154 million (129) 
• Earnings per share increased to SEK 1.50 (1.26) 
• C/I ratio 0.43 (0.49) 
• Growth of SEK 3.0 million for the quarter, both through acquisitions and growth in the underlying business 
• Good growth in the Corporate segment 
• The Board of Directors proposes that no dividends be paid for the financial year 2018, which is in line with the adopted dividend policy.

Read more at https://www.collector.se/en/about-collector/investors/financial-information/

A telephone conference will be held in Swedish today, 12 February, at. 10.00 a.m. CET, at which CEO Martin Nossman and acting CFO Magnus Erkander will present the report. The presentation will be followed by an opportunity to ask questions.

To participate in the telephone conference, please dial in on +46 8 505 583 54 or +44 333 300 9269. The switchboard opens at 9.55 a.m. CET. You can follow the presentation and listen in live via https://tv.streamfabriken.com/collector-q4-2018

Prior to the presentation, the presentation materials will be available at www.collector.se where a recorded version of the presentation will also be available afterwards.

For further information:
Magnus Erkander, acting CFO and IR manager, on telephone +46 70 493 08 00 / e-mail magnus.erkander@collectorbank.se