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StrongPoint

Earnings Release Oct 19, 2018

3767_rns_2018-10-19_638c575b-11a6-47ef-9a48-a36f6ea4e21b.html

Earnings Release

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StrongPoint ASA: Third quarter 2018 result

StrongPoint ASA: Third quarter 2018 result

Highlights third quarter

Solid financial results

· Operating revenues: MNOK 233.3 (204.8)

· EBITDA: MNOK 15.2 (14.1)

· Cash flow from operational activities: MNOK 1.2 (- 2.2)

Important new customer contracts

· Electronic Shelf Labels (ESL) to up to 350 Joker-stores

· Framework agreement of MNOK 50 on electronic shelf labels (ESL) to a

speciality retail chain

· Exclusive contract for 960 CIT cases for Sberbank

Reinforcement of the organization

· Dedicated E-commerce unit, led by Göran Thörn in Cub

· Dedicated SVP Global Partner, Roine Gabrielsson, from January 2019

· Technology with new SVP, Julius Stulpinas, from January 2019, and

establishment of a cross-functional product development team

Cost optimization and focus in the future

· Cost savings estimated to MNOK 30 per year from January 2019

· Organic growth of own e-commerce solutions, sales of cash management solutions

through "RoadRunners", and sales of own solutions through external partners

· Growth through M&A and partnership

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 570 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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