Company presentation
ABGSC Introduce Investor Day September 3, 2019
StrongPoint in short
- A Retail Technology company
- NOK >1 bn turnover with EBITDA NOK <70 million (2018)
- Listed on Oslo Stock Exchange
- Geographic presence in Norway, Sweden, the Baltics, Spain, Germany and Russia
- 530 employees with competence in sales and service, hardware and software; R&D centres in Lithuania and Stockholm
Strong market fundamentals for retail technology – providing a "double opportunity" for StrongPoint
Our Product and Solution offering
StrongPoint
2018 - Revenue by Business Unit (MNOK)
2018 - Revenue by markets (MNOK)
Key focus areas
- 1. Maintain and grow relevance with retailers in current key Markets (Norway, Sweden, Baltics)
- 2. Significantly grow presence with retailers in Spain to mirror Home Market penetration
- 3. Grow e-commerce into a substantial portion of StrongPoint's business
… and be the best owner and employer for all businesses under the StrongPoint-umbrella
Key actions and figures
Key actions since end 2018
- Focused company around Retail Technology in some selected markets
- Clear direction on focus areas with conscious investments in all three areas
- Converted 4 offices to partner offices, incl. Malaysia, France, Belgium, Russia (Retail only)
- Go-to-market efforts tailored to specific markets, e.g., partner in Germany and the US, "RoadRunner" concept with "Easy Access" rental concept in Spain
- Strengthened management team, incl.
- Hilde Horn Gilen as CFO
- Julius Stuplinas as SVP Technology
- Göran Thörn as SVP E-commerce
- Erik Vaag as SVP People & Organization Development
- Cost reduction program of 30 MNOK p.a. with full effect as per January 2019
Solid revenue growth thus far in 2019
Solid revenue growth in key business areas
Revenue
MNOK
Alimerka decided to purchase the Rented CashGuards in Q2 2018, which gave a one-off effect of 36 MNOK on revenue
Good progress on bottom line development
EBITDA MNOK
Good progress on bottom line development in key business areas EBITDA
MNOK
Alimerka decided to purchase the rented CashGuards in Q2 2018, which gave a one-off effect of 21.3 MNOK on EBITDA.
Thank you