StrongPoint ASA: Second quarter 2018 result Highli
Post# of 301275
Highlights second quarter
Operating revenues - MNOK 276.4 (237.9)
EBITDA - 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: www.strongpoint.com
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
Attachment