Hoist Finance: Interim Report Q1 2020

Hoist Finance: Interim Report Q1 2020

PR Newswire

STOCKHOLM, May 6, 2020

STOCKHOLM, May 6, 2020 /PRNewswire/ --  "Hoist Finance underlying business in most markets remains resilient and robust given the current circumstances. The impact of Covid19 was visible towards the end of the quarter, which affected the final stage of the quarter's collections negatively, primarily in Spain and Greece. The focus, however, has been to ensure business continuity by quickly organizing so that all employees can work remotely, and that we keep the same level of customer interaction by having fully operational customer contact centres. Our fast adaptation to this new reality is proof that we are well underway in our digital strategy, and that our business model is strong even in challenging times," says Klaus-Anders Nysteen, Hoist Finance CEO

January - March 2020

Figures in brackets refer to the first quarter of 2019 for profit comparisons and to the 31 December 2019 closing balance for balance sheet items.

Events during the quarter

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 by Andreas Lindblom for publication on 6 May 2020 at 7:30 AM CET.

A teleconference for Investors, Analysts and Press will be held at 09.30 AM CET. To listen in to the conference live, please dial:

SE: +46850558351 UK: +443333009268 US: +18335268397

The presentation will be held in English and can also be followed live at: 

https://tv.streamfabriken.com/hoist-finance-q1-2020

 

For further information, please contact:
Andreas Lindblom,
Head of Investor Relations
Telephone: +46 (0) 72-506-14-22

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/hoist-finance/r/interim-report-q1-2020,c3104832

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