StrongPoint ASA: Third quarter 2017 result High
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Highlights third quarter
Operating revenues decreased overall for the Group due to the fewer major delivery projects than at the same time last year.
- MNOK 204.8 (258.0)
The decrease in EBITDA is due to lower sales
- MNOK 14.1 (36.2)
Cash flow from operational activities
- MNOK - 2.2 (23.8)
Positive development within Click & Collect
- Received an additional order for Click & Collect solutions in Sweden
- The first systems to Utkonos in Moscow are shipped from the factory
The positive development in Spain continues
The start-up problems at Label's new factory in Sweden have been resolved. The business area delivered as expected in Q3. EBITDA has doubled compared with the same period last year to MNOK 8.6.
About StrongPoint:
StrongPoint's mission: Driving Retailers' productivity by providing innovative integrated Technology Solutions enabling store owners 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: www.strongpoint.com
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
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