Q3 2019 B2holding ASA Earnings Call Transcript
(foreign language) Good morning and welcome to third quarter presentation for B2Holding. It's been an eventful and a quarter of progress for B2Holding.
The organizational changes that was announced earlier this quarter also will ensure that the new strategic direction for B2Holding will be able to progress.
If we look at -- this was 4 main focus areas that was presented last quarter as well. And it's intact.
We initiated several actions to secure and improve our collection on or recovery on the secured assets. And it's -- we see already quite a few positive signs of those actions.
The efficiency in operation is still a focus of the group and will continue to be that going forward. We see the cost to collect is coming down, but we still see there is improvement, both on the secured side as well as on the unsecured side and also on some of the efficiency in the corporate lines. The increase in services revenue through asset under management has become a focus for B2Holding.
And we also know, in this
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