Axactor ASA (ACR.OL)
Axactor ASA operates in the Financial - Credit Services industry of the Financial Services sector, headquartered in Oslo, PS, NO. The stock last traded at $4.75, up 0.11% on the session, giving a market capitalisation of $3.83B. Its beta of 0.60 implies it has historically moved less than the broad market.
Axactor ASA, through its subsidiaries, operates as a debt management and collection company in Sweden, Finland, Germany, Italy, Norway, and Spain. It operates through two segments: Non-performing Loans and Third-Party Collection. The Non-performing Loans segment invests in portfolios of non-performing loans collected through amicable or legal proceedings. Its Third-Party Collection segment provides debt collection services on behalf of third-party clients, which applies amicable and legal proceedings to collect the non-performing loans. This segment also involved in helping creditors to prepare documentation for future legal proceedings against debtors; and handling of invoices between the invoice date and the default date and sending out reminders. Axactor ASA was incorporated in 1982 and is headquartered in Oslo, Norway.
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