Why did RANG report negative operating profit in Q4 2024?

The negative operating profit reported by Range Capital (RANG) in Q4 2024 can be attributed to several key factors: 1. **Business Divestitures and Strategic Adjustments**: RANG's operating profit was negatively impacted by the sale of its Project Personnel and Norwegian Consulting businesses to NYAB AB. Such divestitures often involve restructuring costs and potential disruptions to ongoing operations, which can temporarily negatively affect financial performance. 2. **Revenue Decline**: The company's revenue by business in Q4 2024 did not yield any results, which suggests a possible decline in revenue generation. Without specific revenue figures by business, it is challenging to ascertain the extent of revenue decline, but a lack of revenue growth can contribute to operating profit losses. 3. **Cost Management Issues**: The press release from Dovre Group Plc, although not directly related to RANG, highlights issues such as increased costs due to delayed projects and impacts of winter weather. Although specific details are not available for RANG, such factors could also have contributed to RANG's negative operating profit if they affected its operations. In summary, RANG's negative operating profit in Q4 2024 is likely a result of a combination of divestitures, potential revenue decline, and cost management issues.