Intrum - our quote on Debtwire

We’re proud to support our community and collaborate with reporters on the names we cover — always careful to keep key findings exclusive to our clients.

Sarria’s quote is reproduced below as featured in Debtwire’s latest piece: “Intrum delivers strong Servicing EBIT margin as haircut to reduce debt burden”

“We’ve been positively surprised by the cost-cutting discipline and this improvement was not down to window-dressing,” independent special situations desk Sarria told Debtwire. “These are positive developments, but the purchasing gross money multiples need to remain high. The servicing margin is performing as forecast. Intrum is a smaller company now trying to service the same cost of debt that the bigger company couldn’t in the first place.”