StrongPoint ASA: ICA Malmborgsgruppen chooses StrongPoint as supplier of electronic shelf edge labels from Pricer
20.4.2023 12:00:01 CEST | StrongPoint | Additional regulated information
required to be disclosed under the laws of a member state(Oslo, April 20, 2023), ICA Malmborgs, a regional grouping consisting of six ICA
stores in Malmö and Lund, has chosen StrongPoint to supply and install Pricer
SmartTag Color ESLs (Electronic Shelf Edge Labels in 4 colors). StrongPoint was
awarded the contract following a competitive process.ICA Malmborg’s stores will use Pricer to streamline and simplify work in-store.
Price updates and management of campaigns will now take place in real time,
ensuring the consumer always sees the right price and product information at the
shelf edge, ensuring an optimal shopping experience. In addition, the ESLs will
eliminate the need for store staff to manually change the prices, a
time-consuming process. This frees up time for staff to focus on customer
service and other more value-added tasks. Pricer’s solutions also facilitates
other aspects of store work including providing accurate stock balance, stock
replenishment and e-commerce picking via pick-by-light.“We are very excited to partner with StrongPoint to use Pricer to provide our
customers with the most accurate and up-to-date pricing and product information
while improving our operational efficiency. The combination of StrongPoint and
Pricer was the best solution on the market for us. We have had a long standing
and successful collaboration with StrongPoint,” said Stefan Billing, owner of
ICA Kvantum Malmborgs Tuna.“We are proud to have received the trust from ICA Malmborg in this important
project. Being chosen as a supplier of Pricer ESLs is proof of our delivery of
efficient and reliable solutions to Swedish grocery retailers. We look forward
to the collaboration with ICA Malmborgs and to being able to deliver a solution
that both enhances the customers’ shopping experience while helping the stores
to optimize operations,” said Magnus Rosén, SVP StrongPoint Sweden.The rollout of the project is expected to begin in Q2 2023 and be completed in
2024.
StrongPoint: First quarter 2023 financial results
27.4.2023 08:00:01 CEST | StrongPoint | Half yearly financial reports and audit
reports / limited reviews(Oslo, 27 April 2023) StrongPoint ASA reported revenues of NOK 381 million in
the first quarter of 2023, NOK 80 million higher than same quarter in 2022
(301). The EBITDA increased by NOK 2 million to NOK 13.5 million (11.5).
StrongPoint today reconfirms the financial ambition of NOK 2.5 billion in
revenues and EBITDA margins of 13-15 % in 2025.“As the world’s markets in general reach all-time high levels of uncertainty,
the grocery retail market remains relatively stable and resilient. The
unprecedented pressure on household disposable income shakes the equilibrium in
the different grocery retail markets. In this context, I am pleased on behalf of
StrongPoint that we are experiencing a continued solid demand for our
solutions,” says Jacob Tveraabak, Chief Executive Officer of StrongPoint.StrongPoint reported revenues of NOK 381 million (301) in the first quarter of
2023 and an EBITDA of 13.5 million (11.5). The first quarter EBIT was NOK 4.0
million and EBT was NOK 7.6 million. Cash flow from operating activities was NOK
-44.2 million (11.9).“We remain positive about the long-term outlook for e-commerce and the
industry’s willingness and necessity to invest in efficiency solutions that
StrongPoint represents. This is especially true in the large UK market, which we
entered through the acquisition of Air Link Group last year. I believe that the
UK market is ripe for both our world-class e-commerce solutions as well as the
many other efficiency enhancing solutions we represent,” Tveraabak continues.In a strategy update session held in February 2023, StrongPoint reiterated the
ambition of NOK 2.5 billion in revenues and EBITDA margins of 13-15 % in 2025.“The long-term market trend of needing ever more efficiency saving solutions, in
which technology plays a pivotal role, will continue to support the markets in
which we operate. The path to achieving our 2025 financial ambitions will most
certainly not be a linear journey. There will be quarterly fluctuations, in
particular as we still are - to a large extent - a project-driven organisation.
That said, we continue to be confident in achieving our 2025 strategic
ambitions,” Tveraabak concludes.StrongPoint will host a streamed presentation of the first quarter results at
08:30 CET Thursday 27 April 2023.The Company’s Annual General Meeting will follow the first quarter presentation,
starting at 09:15 am CET.The webcasts will be available at strongpoint.com - http://strongpoint.com.
*EBITDA and other alternative performance measures (APMs) are defined and
reconciled to the IFRS financial statements as a part of the APM section of the
first quarter 2023 financial report on page 28.
https://newsweb.oslobors.no/message/588755
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Noen med innsikt i denne som kan forklare det store kursfallet siden 2021?
Synes tallene ser bra ut.
Løsnet litt i dag med stor kontrakt , +15% og rekordomsetning.
Endelig skjer her noe fornuftig:partying_face:
Ja her blir det fantastiske fremtidsutsikter.
Og et halvår senere er vi enda lavere. Jeg vet ikke hvordan det tekniske bildet ser ut men jeg håper bunnen er nådd og at det går oppover i ‘25.
Fundamentalt er det gjort endel gode deals i både UK og US, i tillegg til at det skjer spennende saker i Spania.
TTT - Ting tar tid, og so regel lengre tid enn man trur. Strongpoint blir forhåpentligvis spennende i 2025😎