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Thursday, 15 February 2018

StrongPoint ASA: Fourth quarter 2017 result

StrongPoint ASA    

Published: 08:15 CET 15-02-2018 /GlobeNewswire /Source: StrongPoint ASA / : STRONG /ISIN: NO0010098247

StrongPoint ASA: Fourth quarter 2017 result

Highlights fourth quarter

Best quarter of the year, but weaker than last year

  • Operating revenues MNOK 259.1 (307.1)
  • EBITDA MNOK 20.9 (30.9)

Cash flow from operational activities

  • MNOK 20.7 (82.8)

Framework agreement with Utkonos - delivery of 2 000 Click & Collect solutions during the next five years

Order of 560 CIT cases from Sberbank. The deliveries were completed in the fourth quarter.

Completed acquisition of Cub Business Systems AB, which strengthens StrongPoint's focus on e-commerce

The Board propose an ordinary dividend of NOK 0.50 per share


About StrongPoint:

StrongPoint's mission: Driving Retailers' productivity by providing innovative integrated Technology Solutions enabling retailers to perform to their full potential.

StrongPoint has its headquarter at Rælingen, and has approximately 580 employees in Norway, Sweden, the Baltics, France, Germany, Belgium, Spain, Russia and Malaysia.

StrongPoint has the ticker "STRONG" on Oslo Stock Exchange.

For further information: www.strongpoint.com
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

StrongPoint ASA result 4th quarter 2017
StrongPoint ASA presentation Q4 2017

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 Corporate Solutions clients. Source: StrongPoint ASA, Slynga 10, Rælingen 2005, NORGE
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