Here are Frans’s comments on Investors House’s Q1 result. 
Investors House released a weaker-than-expected Q1 report this morning, primarily driven by the sluggish performance of the Services business. The clear decline in revenue and earnings was expected following the large Apitare real estate sale completed last year, but the Services business was weighed down more than we anticipated by weakened returns from certain contracts as well as one-off costs. The Real Estate segment, on the other hand, continued its steady development, performing slightly better than our expectations. It is worth noting that Q1 is seasonally a weaker quarter for the company, as property taxes are recorded in full at the beginning of the year. This was the first quarterly report under the new CEO, Jukka Akselin, and his comments regarding the company’s development in the report were as expected. The current year is a year of structural change for the company. Our forecasts are subject to slight downward pressure.