At the beginning of the year and after the first quarter, the outlook for the profit for the year was for a positive DKK80 million before tax. We now reduce this profit to DKK40-50 million before tax.

The reason for the readjustment is that our activities within pipe renovation and foundation have been affected by adverse market conditions and that our wind turbine foundation project at Rødsand in Denmark contributes a smaller result than previously forecasted.