Here are Ate’s comments on Administer’s results. 
Administer reported softer-than-expected Q3 figures this morning. The weak economic situation weighed on development in practically all of the company’s business operations, and the initiated cost adjustments did not keep pace with the decline in revenue. However, Administer has continued cost adjustments across the group and expects the profitability trend to improve again starting from Q4. Based on customer payroll data, the company already sees small signs of improvement in the market situation. This would help in continuing profitability improvement next year, in addition to which the integration of the large Sarastia acquisition will be a significant project shaping next year. Based on the Q3 figures, however, there is downward pressure on our forecasts today.