Axactor’s second quarter was a mixed bag, with cash EBITDA surprising on the upside while reported income and profitability was lower due to negative portfolio revaluations and a higher amortisation rate. Collection performance remains soft at 93%, and the outlook for 2024 still remains challenging – though the relatively higher investment pace in Q2 will increase future collections. 3PC income on the other hand surprised positively and Axactor expects further sequential improvement here. Thanks ....
