Operator
Good morning or good afternoon all, and welcome to the Axactor ASA presentation of This autumn outcomes. My title is Adam, and I will be your operator right this moment. [Operator Instructions]
I’ll now hand the ground to Johnny Tsolis, CEO, to start.
Johnny Vasili
Chief Government Officer
Good morning, and welcome to Axactor’s fourth quarter presentation. With me right this moment, I’ve our CFO, Nina Mortensen. This presentation might be divided into 4 elements. First, I’ll take you thru the This autumn highlights. Then Nina will current the financials earlier than I am going by means of our key focus areas going ahead. We’ll spherical off with a Q&A session.
Allow us to transfer to Slide 3 and take a look on the highlights for the quarter. Earlier than I begin, please observe that the numbers are affected by one-off results, particularly, portfolio gross sales in each 2024 and 2025. Reference is made to the footnote. In This autumn, Axactor delivered income development with optimistic contribution from each segments. NPL gross income grew by 3% year-over-year, and the 3PC development was spectacular 16%.
Axactor delivered a strong money EBITDA of EUR 54 million, up from EUR 51 million final yr. Money EBITDA margin elevated from 63% to 64%. Annualized return on fairness to shareholders was 14%. We proceed to see optimistic results from each modifications within the IBOR curiosity degree and diminished internet debt, leading to a 15% year-over-year discount in curiosity bills on borrowings.
In the course of the quarter, we divested a few smaller sized portfolios in Germany and Spain, and we did so at a strong premium to ebook worth. The transaction strengthened the stability sheet and contributed to the technique of
