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StrongPoint ASA: Fourth quarter 2016 result High

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Post# of 301275
(Total Views: 79)
Posted On: 02/16/2017 2:45:21 AM
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Posted By: News Desk 2018
StrongPoint ASA: Fourth quarter 2016 result

Highlights fourth quarter and year 2016

·        Operating revenue o   MNOK 307.1 (309.6) in 4 th 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 4 th 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 4 th 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 4 th 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.

Attachments:

http://www.globenewswire.com/NewsRoom/Attachm...a5a2caee29

Attachments:

http://www.globenewswire.com/NewsRoom/Attachm...f0d17ce621



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