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12/07-2018 08:15:23: (STRONG) StrongPoint ASA: Second quarter 2018 result

StrongPoint ASA: Second quarter 2018 result

Highlights second quarter

Operating revenues

- MNOK 276.4 (237.9)


- MNOK 18.3 (6.7)

Cash flow from operational activities

- MNOK 6.0 (11.0)

Non-recurring items affecting EBITDA

- Alimerka has bought remaining rental agreement, MNOK 21,3

- Non-recurring costs regarding changes in the Group, MNOK 5,9

- Upgrade due to weakness in construction in new product line from Cash Security, MNOK 8,1

Agreement on POS solution for a large specialty retail chain in the Baltics

Coop Norge has ordered electronic shelf labels (ESL) for additional 70 stores

StrongPoint Cub, which StrongPoint acquired in December 2017, had a very good development. Operating revenues were MNOK 9.8 during the quarter

A dividend of NOK 0.50 per share was paid in May 2018 (MNOK 22)

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 560 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:

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

StrongPoint ASA result 2nd quarter 2018

This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: StrongPoint ASA via Globenewswire

Nyheten er levert av GlobeNewswire.