The Q2 report beat our projections on all accounts, primarily due to solid catalog sales. The pipeline and release schedule for H2 2017 looks extremely promising; we continue to believe that the sales during Q4 will be on par or above the total sales of 2016. The best is yet to come! Prior and in conjunction with the game conference Gamescom, THQ Nordic revealed two new upcoming releases; Black Mirror and BIOMUTANT. The company also has acquired the fifty men strong development studio Black Forest Games and the smaller Pieces Interactive. THQ Nordic continues to expand their game portfolio and enhance their capacity to develop first class asset. We have made some positive adjustments to our long-term projections. Our Fair Value estimated is adjusted to 81 (69) SEK per share. We view THQ Nordic as relatively fairly valued, but a quality growth company like this seldom comes at a bargain. Like the “Oracle of Omaha” says; “It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.”