Hoist Finance AB (publ) (HOFI) Earnings Call Transcripts

Hoist Finance AB (publ)'s Latest Earnings Call - Q1 FY2026

In Q1 2026, Hoist Finance AB reported a profit before tax of SEK 394 million, reflecting a 19% increase year-over-year, with currency-adjusted growth at 32%. Revenue growth was driven by a 19% increase in portfolio size to SEK 34.4 billion and strong collection performance, with earnings per share growing by 53%. Management maintained a positive outlook, signaling continued investment activity and potential M&A opportunities, particularly with the anticipated acquisition of Azzurro Associates, which is expected to enhance their position in the U.K. market.

Reported metrics

Guidance from management

Management signaled a strong outlook for continued investment activity and potential M&A opportunities, particularly in the NPL sector, while maintaining a focus on disciplined cost management.

What management said

I think looking at 2025, when we were not SDR, I think you could use the sort of co-investment volumes that we saw then, right, as some sort of a proxy. And that would lead you to something where 15%, 20% larger market. Now we will see the outcome of the bids, et cetera, and so on later this year or later -- well, until the end of the summer, most likely, to see how successful we are. But yes, it is an absolute benef...

Bjorn, so from a regulatory perspective, we're required to hold 40% of the acquisition price. So that's what we have now that is driving the NSFR ratio. Just to put it in perspective, if we would close the deal today, then the 145% would drop to 140%. So that's the sort of addition we have coming from the reservation for this deal.

What analysts pressed on

Analysts expressed concerns about the sustainability of collection performance and the impact of the Azzurro acquisition on future capital ratios. There were questions regarding the competitive landscape and potential market saturation in the NPL sector.

Main topics on the call

• Strong Portfolio Growth — Hoist Finance's portfolio grew by 19% year-over-year, reaching SEK 34.4 billion. CEO Harry Vranjes stated, "We are inching ever closer to our SEK 36 billion volume ambition."
• Acquisition of Azzurro Associates — The ongoing acquisition of Azzurro Associates is expected to strengthen Hoist's position in the U.K. market. Vranjes mentioned, "Azzurro Associates ticks all those boxes" for their strategic goals.
• Collection Performance — The company reported a collection performance of 105%, up from 103% the previous year. Vranjes noted, "We see a broad-based improvement in the collection performance across the markets."
• Cost Management — Hoist Finance maintained disciplined cost management, with indirect costs increasing by only 3% year-over-year despite transaction costs related to the Azzurro acquisition. CFO Magnus Soderlund stated, "We are remaining ...

Read the full Hoist Finance AB (publ) transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 30 Hoist Finance AB (publ) earnings call transcripts on record, spanning February 12, 2020 to July 24, 2026. Based on this history, Hoist Finance AB (publ) reports quarterly. The most recent call on file is dated July 24, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

HOFI

Exchange

OM

Country

SE

Sector

Financials

Industry

Consumer Finance

Calls on record

30

First call

February 12, 2020

Most recent

July 24, 2026

Reporting cadence

quarterly