SB1 Intrum repeats its Buy rating on credit management company Intrum with an unchanged price target of SEK 4.6, corresponding to 76 percent upside.
Ahead of the third-quarter report, adjusted operating profit is expected to come in at SEK 1,124 million, 1 percent below consensus. Net debt is expected to decline to SEK 36.4 billion.
SB1 considers cost developments in 2027 and the refinancing of the credit facility to be more important than the quarterly result. The share is trading at 8.1 times expected adjusted EBIT for 2028.
