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.
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