Business and Financial Review • May 29, 2018
Business and Financial Review
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StrongPoint ASA: Alimerka has opted to buy the remaining contract value at EUR 3 700 000
On February 2(nd), 2016, Alimerka supermarket stores in Spain and StrongPoint
entered into a "cash management as a service" contract.
A total of 725 systems have been installed - 225 systems more than planned in
2016. The rollout has been a huge success, and after renting the systems for
more than two years, Alimerka has opted to buy the remaining contract value at EUR
3 700 000 due on May 31(st).
StrongPoint's positive cash flow from this transaction is equal to the
transaction value. There will also be a positive EBT effect in the range of NOK
15-20 million booked in Q2.
The service level agreement (SLA) and the software license agreement will
continue through contract life.
"The Alimerka reference has boosted CashGuard sales in Spain. Our Spanish
StrongPointers are doing a fantastic job" says Jørgen Waaler, CEO StrongPoint
ASA.
For more information, please visit www.strongpoint.com or contact:
For more information, please contact:
Jørgen Waaler
CEO StrongPoint ASA
Phone: +47 90 59 00 10
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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