Hoist Finance Announces Second Quarter Financial Results


  · Gross cash collections in January - June 2014 totalled SEK 1,151 million, an
increase of 75 per cent compared to January - June 2013 (SEK 657 million).
  · Total revenue in January - June 2014 was SEK 759 million (SEK 490 million
adj. for revaluations), up 55 per cent on the first half of 2013.
  · EBIT totalled SEK 253 million in January - June 2014, corresponding to an
EBIT margin of 33 per cent. In January - June 2013, EBIT totalled SEK 138
million with a corresponding EBIT margin of 28 per cent.
  · Portfolio acquisitions of SEK 1,330 million in January - June 2014, an
increase of 30 per cent relative to the same period in 2013.
  · Carrying value as at 30 June 2014 of SEK 7,386 million (SEK 4,450 million as
at 30 June 2013).
  · Gross 120 month ERC on acquired loan portfolios of SEK 12,182 million as at
30 June 2014 (SEK 7,298 million as at 30 June 2013).
  · Cash flow from operating activities totalled SEK -1,822 million in January -
June 2014 (SEK 1,839 million in January - June 2013).
  · Total capital ratio of 13.24 per cent of REA as of 30 June 2014 (12.94 per
cent as at 30 June 2013).
  · Private placement to Toscafund of SEK 333 million in May.

For further information, please contact:

Jörgen Olsson, CEO Hoist Finance

Jane Niedra, IR Hoist Finance

Contact details:

Phone +46 (0)8 55 51 77 90

Email: jane.niedra@hoistfinance.com

The information above has been published pursuant to the Swedish Securities
Markets Act (Sw. lag om värdepappersmarknaden).

This information was released for publication at 8.00 on 24 July 2014.

Attachments

07237301.pdf