However, an overall net loss after tax of SEK125M was in opposition to last years SEK605M profit.
That followed a desperate period in which a bleak financial picture forced the resignation of CEO Anders Jensen.
Several operations were sold and a number of others remain on course to exit the group this summer.
We have secured long-term key sports rights, and formed new partnerships that support our strategic direction.
We have identified and dealt with a range of value-leaking partnerships and products.
While we have taken important steps, there is still much to do.
More deals of a similar nature will follow, it appears.
We know the value of what we create and deliver.
