KRUK after three quarters of 2019
On October 24th, KRUK announced its Q3 2019 financial results: Q1–Q3 2019 net profit came in at PLN 245m, representing 74% of the full-year 2018 figure. Performance in Q3 2019 improved by 12% compared with Q2 2019 and deteriorated by 14%...
KRUK finalises acquisition of GetBack’s assets in Romania
On October 16th 2019, KRUK finalised a debt assignment transaction on the Romanian secondary market, becoming the owner of a debt portfolio comprising more than 640 thousand cases. The assets were acquired from GetBack Recovery S.R.L. for PLN 37.4m,...
KRUK signs Wonga acquisition agreement
KRUK has signed an agreement to acquire all shares in sp. z o.o., a company operating on the online lending market in Poland. The transaction was earlier approved by the President of the Office of Competition and Consumer Protection. The...
KRUK reports strong start into the year
KRUK has published Q1 2019 financial results: In Q1 2019, the Group earned PLN 97.9m in net profit, one of the highest bottom-line figures on record, representing 30% of the full-year net profit reported for 2018. Recoveries from purchased...
KRUK bets on Wonga’s Team in Poland
KRUK has signed a letter of intent to acquire all shares in sp. z.o.o., a company operating on the online loan market in Poland. A final share purchase agreement and regulatory clearance will be needed to close the transaction....
KRUK's net profit rose by 12% in 2018
KRUK S.A. published FY 2018 results: In 2018, the KRUK Group reported net profit of PLN 330m, which represents an increase of 12% on 2017 and the Group’s best result on record. In Q4 2018, net profit was PLN 51m. Recoveries from...
KRUK sets two new records
KRUK concludes 2018 with investments in new portfolios at PLN 1.39bn (+43% yoy) and PLN 1.58bn of cash recoveries (+15% yoy) – both the highest numbers in KRUK’s history. Nominal value of all portfolios purchased in 2018 equals PLN...
Comment on Q1 2024 results by Michał Zasępa, CFO of KRUK S.A.
Q4 2023 Conference Call
Q3 2023 Results Conference Call (PL, ENG subtitles)
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