DGAP-News: Ferratum Oyj: Ferratum Group publishes Q1 2021 results
Ferratum Oyj: Ferratum Group publishes Q1 2021 results
12.05.2021 / 07:30
Ferratum Group publishes Q1 2021 results
Helsinki, 12 May 2021 - Ferratum Oyj (ISIN: FI4000106299, WKN: A1W9NS) ( Ferratum or the Group ) announces unaudited results for the first 3 months ended 31 March 2021 ( Q1 2021 ).
Financial Highlights
- Market conditions affected by COVID-19 related lockdowns and decreased loan demand
- Solid start into 2021 reaching an EBIT of EUR 5.4 million; credit losses remained well under control
- Launch of SweepBank with continued strong increase in revenues: y-o-y +79.3%
Key Figures, EUR million
-0.01
-0.01
-0.39
Continued cautious underwriting approach in the Ferratum tribe and a controlled increase of the Group s risk appetite in its core products SweepBank and CapitalBox
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Nachricht vom 10.05.2021 | 21:00
Ferratum Oyj: Ferratum Oyj s Board of Directors elects Chairman and Vice Chairman and decides on Committee compositions
DGAP-News: Ferratum Oyj / Key word(s): Miscellaneous
10.05.2021 / 21:00
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Ferratum Oyj s Board of Directors elects Chairman and Vice Chairman and decides on Committee compositions
Helsinki, 10 May 2021 - The Board of Directors of Ferratum Oyj (ISIN: FI4000106299, WKN: A1W9NS) ( Ferratum or the Group ) has decided to elect Frederik Strange as the new Chairman of the Board of Directors and Jorma Jokela as the Vice Chairman of the Board of Directors.
The Board of Directors has also decided the compositions of its Committees, which are as follows: