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Thursday, 16 February 2017

StrongPoint ASA: Fourth quarter 2016 result

StrongPoint ASA    

Published: 08:15 CET 16-02-2017 /GlobeNewswire /Source: StrongPoint ASA / : STRONG /ISIN: NO0010098247

StrongPoint ASA: Fourth quarter 2016 result

Highlights fourth quarter and year 2016
·        Operating revenue
o   MNOK 307.1 (309.6) in 4th quarter
o   MNOK 1 120.2 (1 146.0) for the year 2016
o   Record in number of CashGuard systems delivered in 2016
- Of which 62 per cent was delivered to markets outside Norway and Sweden
·        EBITDA
o   MNOK 30.9 (20.0) in 4th quarter
o   Record high MNOK 111.7 (90.5) for the year 2016
o   Record year for Cash Security, both in turnover and result
·        Strong cash flow from operational activities
o   MNOK 82.8 (54.2) in 4th quarter
o   MNOK 163.3 (54.3) for the year 2016
o   Net cash reserves of MNOK 5.4 at year-end
·         Dividend
o   Extraordinary dividend of NOK 1.00 per share was paid in January 2017
o   The Board propose an ordinary dividend of NOK 0.50 per share
·        Increased activities in the Spanish market. In 4th quarter, StrongPoint acquired 100 per cent of the shares in PYD Seguridad S.L., one of StrongPoints Spanish resellers.
This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.

StrongPoint ASA result 4th quarter 2016
StrongPoint ASA presentation Q4 2016

This announcement is distributed by Nasdaq Corporate Solutions (One Liberty Plaza, 165 Broadway, New York, NY 10006. Tel: +1 212 401 8700. www.nasdaqomx.com) on behalf of NASDAQ OMX Corporate Solutions clients. Source: StrongPoint ASA, Slynga 10, Rælingen 2005, NORGE
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