Sweden's Intrum Q4 External Servicing income rises organically
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Sweden's Intrum reported organic growth in Q4 External Servicing income despite FX challenges, with a goodwill impairment of SEK 2,942 million. The leverage ratio improved to 4.8x from 5.3x year-over-year. The company anticipates further leverage improvement from divesting a joint venture stake. Analysts currently rate the stock as "hold," with a median 12-month price target of SEK 46.50, approximately 11.1% below its recent closing price of SEK 52.30.
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