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StrongPoint

Earnings Release Jul 12, 2017

3767_rns_2017-07-12_1fcdf0bb-ea81-4619-a057-6d7928f3f4a2.html

Earnings Release

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StrongPoint ASA: Second quarter 2017 result

StrongPoint ASA: Second quarter 2017 result

Highlights second quarter

·         Operating revenue

o    MNOK 237.9 (300.8)

·         EBITDA

o    MNOK 6.7 (34.5)

o    The deviation from the profit warning is due to a delayed delivery of Cash

Security products, as well as costs associated with the closure of a department

in Moss.

·         Cash flow from operational activities

o    MNOK 11.0 (43.0)

·         Breakthrough for Click & Collect in Russia

o    In June, StrongPoint received an order and partial pre-payment from Utkonos

in Russia for delivery of 25 Click & Collect Grocery Lockers with associated

software solutions for delivery in Octobe

·         Received order of 50 Cash Management systems to Australia. With

exception of to two pilots delivered earlier this year, this is the first

delivery of Cash Management systems to Australia.

·         Record number of Cash Management systems sold outside the Nordics. We

see a positive development in the international expansion.

·         Dividend

o    Ordinary dividend of NOK 0.50 per share was paid in May 2017

About StrongPoint:

StrongPoint's mission: Driving Retailers' productivity by providing innovative

integrated Technology Solutions enabling store owners 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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