News

08/11/2022

KRUK grows its international presence and posts PLN 677m in net profit for 9M 2022

The Management Board of KRUK S.A. has released the financial results for the first nine months of 2022 today, which are in line with preliminary estimates. The KRUK Group reported a net profit of PLN 677m, up 20% year on year. Recoveries from...

27/10/2022

KRUK’s net profit after nine months of 2022 estimated at PLN 677 million

The Management Board of KRUK S.A. has announced today that preliminary estimates put the KRUK Group’s net profit for the nine months to September 30th 2022 at PLN 677 million. “This year we have had lots of good news to share, and if...

10/10/2022

KRUK’s Q3 2022 figures reflect growing contribution of foreign recoveries and investments

In the three months to September 30th 2022, the KRUK Group recorded over PLN 648m in recoveries from purchased debt portfolios, up 18% year on year. YTD recoveries totalled PLN 1,928m, up 19% year on year. “The rate of recoveries in that...

07/09/2022

KRUK’s H1 performance elevated to new level

Today the Management Board of KRUK S.A. has published the Group’s earnings figures for the first half of 2022, which are in line with initial estimates. The KRUK Group reported a net profit of PLN 489m, up 24% year on year. Recoveries from...

07/09/2022

KRUK in Italy wins auction to purchase debt portfolios with nominal value in excess of PLN 400m

Today KRUK has announced that its subsidiary active in the Italian market has won an auction to purchase three portfolios of unsecured retail debt worth nominally PLN 403m (ca. EUR 85.5m). The portfolios will be purchased from an entity of the BNP...

24/08/2022

KRUK’s net profit after first six months of 2022 estimated at PLN 489 million

The Management Board of KRUK S.A. has announced today that preliminary estimates put the KRUK Group’s net profit for the first six months of 2022 at PLN 489 million. “The last few months have brought a string of very good news: record...

12/08/2022

KRUK allots PLN 60m of bonds with 23% order reduction

Today KRUK has announced the allotment of PLN 60m worth of Series AM4 bonds. Subscriptions totalled PLN 77.9m, entailing a 22.94% reduction of subscription orders. The bonds, issued as part of the Eighth Bond Issue Programme, were offered to retail...

22/07/2022

KRUK to launch PLN 60m bonds issue

On July 22nd 2022, KRUK published the Final Terms and Conditions of its Series AM4 bonds. The bonds will be issued in a public offering under the Eighth Bond Programme at the issue price equal to their nominal value. The issue price will be PLN 100...

18/07/2022

KRUK Group sustainability report 2021

Today, KRUK has published its sustainability report for 2021, which is a source of information on the Group's environmental, social and governance performance. “The KRUK Group is a responsible and sustainable organisation with an...

08/07/2022

KRUK grows abroad, with markets outside Poland accounting for more than half of the recoveries and most of the investment amount in the first half of 2022

In the three months to June 30th 2022, the KRUK Group reported over PLN 657m in recoveries, a 19% increase year on year and an all-time quarterly high. Recoveries in the first six months of the year amounted to PLN 1,279m, which means they grew 20%...