Incomes were simultaneously at EUR 520.0 million, where primarily the European operations developed worse than expected.
"The lower growth rate in the quarter has not only been affected by exchange rate changes but is also linked to deliberate measures that will benefit the operations in the long-term perspective," writes the company's CEO Martin Carlesund in the report.
The company writes that it has implemented measures to meet regulations of the gaming market in Europe, something that in a short-term perspective affects negatively.
"As a consequence of the above, profitability in the first quarter is heading downwards. We assess that the measures we implement will also affect the second quarter, but that the second half of the year will be stronger," writes Carlesund.
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