Skip to content

First quarter 2018 result

Published: 24. April 2018

Highlights first quarter

The Group operating revenue was MNOK 250.1 (249.7) in the first quarter. Ongoing projects influence StrongPoint’s revenue, and may vary considerably from quarter to quarter.

In the quarter, more Cash Management solutions were sold, compared with the previous year. EMEA is becoming an increasingly important market for our own technology (Own Technologies). And in the quarter StrongPoint sold more own technology in EMEA than in the markets in Norway and Sweden. The process of further strengthening the distribution network and sales resources in selected European markets is ongoing.

We see a lot of exciting opportunities for our e-commerce solution Click & Collect pickup stations. At the end of last year our offer became stronger by the acquisition of Cub Business Systems AB’s software solutions and expertise in e-commerce.

Service revenues declined last year, as a result of major upgrading projects in Norway and Sweden in 2015 and 2016.

For more information click here