Good opening, but according to that exact story, nothing has changed to this day. Losses are still mounting, the major owners haven’t moved to Stockholm to lead the local organization, and the company clearly still doesn’t know if the hobby segment will yield any customer synergies.
I have to take my hat off to Timppa, though, for how positively he presents himself in various media and the kind of turnaround he is achieving in the company according to the figures. Hopefully, in the next article, when discussing Sweden, he can also share how the local subsidiary is turning a profit and that operations are sustainable.