(Oslo, 14 August 2025) Axactor ASA announce second quarter financial results.
Axactor delivers strong profit in Q2 2025, achieving a reported annualized
return on equity of 8% and 12% excluding NRI's*. Key improvement factors include
NPL collection performance of 102%, reduced financial expenses, and a solid 14%
y-o-y revenue growth for the 3PC segment. Total y-o-y revenue growth reached 8%.
Key figures Q2 2025 (change from Q2 2024 in brackets)**
- Gross revenue of EUR 81m (down 9%, driven by portfolio sale in Spain)
- Total revenue of EUR 64m (up 8%)
- EBITDA of EUR 33m (up 7%)
- Cash EBITDA of EUR 50m (down 18%, driven by portfolio sale in Spain)
- Net profit after tax of EUR 7m (up EUR 3m)
- Reported annualized return on equity to shareholders of 8% (up 4pp) and 12%
excluding NRI's*
"The curve adjustments we implemented in 2024 are affirmed by a 102% collection
performance, and we are very pleased to deliver an all-time high return on
equity to our shareholders in the first half of 2025," says CEO Johnny Tsolis.
During the quarter Axactor successfully refinanced the RCF and the majority of
the ACR03 bond. The ACR05 bond was placed at more than 3pp lower total interest
rate compared to the most recent bond placement, ACR04.
"The successful refinancing completed in the second quarter provides greater
financial flexibility to focus on investments that drive growth and build on the
positive operational development achieved in recent quarters," states Mr.
Tsolis.
Presentation
10:00 am CEST, 14 August 2025: The results will be presented in a global
investor webcast with a live Q&A session. A recording of the webcast will be
made available after the live stream is concluded on axactor.com.
Webcast participation will be possible via the following. Please note that you
need to register before you will be provided with streaming access or phone
number, access code and pin.
Streaming:
- https://events.q4inc.com/attendee/176790542
Phone:
- https://www.netroadshow.com/events/login?show=b61ca4eb&confId=84597
For additional information, please contact:
Johnny Tsolis, CEO
Tel: +47 913 35 461
E-mail: johnny.tsolis@axactor.com
Kyrre Svae, Deputy CEO & CSO
Tel: +47 478 39 405
E-mail: kyrre.svae@axactor.com
To learn more about Axactor, visit www.axactor.com
*NRI's = Non-recurring items
**EBITDA and other alternative performance measures (APMs) are defined and
reconciled to the IFRS financial statements as a part of the APM section of the
financial report.
This information is considered to be inside information pursuant to the EU
Market Abuse Regulation and is subject to the disclosure requirements pursuant
to Section 5-12 the Norwegian Securities Trading Act. This stock exchange
announcement was published by Eilif Drageseth, Deputy CFO at Axactor ASA, on 14
August 2025 at 07:00 CEST.