no - what it is saying is that they only owned the business...

no - what it is saying is that they only owned the business units for part of the year. If they had owned them for the full year they would have incurred the 3 million loss. They only owned them for 7 months and in that period the loss was 300k. You can’t extrapolate though and say next year the loss will be 3 million as it is clear they are turning it around and making it work properly. Goodness knows what was happening with it inside PSZ!