Strongpoint ASA
OSE:STRO
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Strongpoint ASA
OSE:STRO
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NO |
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Chemometec A/S
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DK |
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D
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A
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A
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E
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C
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IT |
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A
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IT |
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L
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FR |
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H
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F
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PT |
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A
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Earnings Calls
Last Earnings Call
Revenue: Q2 revenue fell 2% year over year to NOK 342 million, with international growth offset by a sharp decline in the Nordics.
Profitability: EBITDA was NOK 5 million, but management said it would have been closer to NOK 9 million after NOK 4 million of severance costs tied to staff reductions.
Cash flow: Operating cash flow improved to NOK 49 million from NOK 20 million last year, helped by working capital changes.
Big wins: StrongPoint signed its first major Vusion ESL deal with Coop Estonia, won new AutoStore projects in Norway and the U.K., and secured its first U.S. order-picking customer with Meijer.
Execution watch: The Sainsbury’s order-picking rollout is running behind the original plan, so the customer agreed to a temporary reduction in volume commitments.
Outlook: Management does not give short-term guidance, but reiterated a long-term goal of healthy revenue growth and an EBITDA margin above 10%.