Increased loss for AIK Football
Photo: Henrik Montgomery/TT

Increased loss for AIK Football in first quarter

AIK Football reports an operating loss of SEK 33.9 million for the first quarter. That compares with a loss of SEK 24.3 million in the same quarter last year. Operating income fell to SEK 34.4 million, down from SEK 42.0 million.

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On March 31, the club - whose shares are listed on the Nordic Growth Market Stockholm - received a conditional shareholder contribution of SEK 16 million by offsetting a receivable.

"The contribution has been made due to lower-than-normal revenue from player sales during the quarter," AIK Fotboll writes in its interim report.

Among the major owners of AIK Fotboll, in addition to AIK Fotboll Association, is the real estate company Fabege.

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AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers
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