23.10.2025 07:00:01 CEST | StrongPoint | Half yearly financial reports and audit
reports / limited reviews
(Oslo, 23 October 2025) StrongPoint ASA reported revenues of NOK 320 million in
the third quarter of 2025, NOK 7 million higher than same quarter in 2024 (313).
The EBITDA increased by NOK 2 million to NOK 14 million (12).
"Despite a volatile world, grocery retailers are growing accustomed to the
climate we operate in - and this is good for retail technology providers like
StrongPoint. Our third quarter saw a flat topline with 2% revenue growth,
however with a 12% growth in recurring on a twelve-month rolling basis. Whereas
most markets slipped relative to last year, the UK & Ireland business has risen
to the occasion and achieved a more than doubling of its revenue. Our EBITDA
improved slightly with third quarter delivering 13.8 MNOK vs. same quarter last
year of 12.2 MNOK. In this context it is worth noting that our Nordic and Baltic
business continue to deliver profitability at par with earlier quarters, whereas
our UK & Ireland business - with its strong activity uptick - is now well into
black figures. In Spain, a product mix shift away from own solutions and
continued investments, holds back overall profitability in that market," says
Jacob Tveraabak, Chief Executive Officer of StrongPoint.
StrongPoint reported revenues of NOK 320 million (313) in the third quarter of
2025 and an EBITDA of 14 million (12). The second quarter EBIT was NOK 3 million
and EBT was NOK 18 million. The net profit after tax ended at NOK 17 million in
the quarter. Cash flow from operating activities was NOK 23 million.
We relentlessly work to make our customers more efficient and sustainable. With
this in mind, we are excited to announce two new Vensafe anti-theft proof of
concepts in the UK with leading grocery retailers. This means we are now running
Vensafe proof-of-concepts for five top grocers in the UK to ensure a more
efficient and sustainable way of merchandising their theft-prone products. Also
in this quarter we are very pleased to announce that our Order Picking solution
for grocery e-commerce has attracted another prestigious customer. Sonae MC,
Portugal's largest grocery retailer, decided to replace its current solution
with our Order Picking solution. With the ever more prominent customer wins for
our Order Picking solution, and with our VusionGroup partnership, I strongly
believe we have the opportunity to create the leading B2B software platform for
grocery e-commerce," Tveraabak continues.
"While our business performance has improved, and in particular the UK saw a
very strong quarter, our efforts to build a more robust and stronger business
foundation continue. Building stronger customer intimacy in our core markets in
Scandinavia and the Baltics, as well as getting and keeping our other business
units - such as the UK & Ireland and Spain - to satisfactory profitability
levels is key. A part of this is also ensuring clarity on the future for our
CashGuard Connect solution. Lastly, we are continuing to build on the positive
momentum for our e-commerce portfolio, and Order Picking in particular, to win
more and more customers globally," Tveraabak concludes.
StrongPoint will host an in-person and streamed presentation of the third
quarter results at 07:00 CET followed by a Q&A session at 11:00 CET 23 October
2025. Questions can be submitted online during the Q&A or via email at:
investor@strongpoint.com.
The webcast is available atstrongpoint.com - http://strongpoint.comand can also
be accessed by the following links:
Q3 Presentation:
https://channel.royalcast.com/hegnarmedia/#!/hegnarmedia/20251022_1
Live Q&A Audiocast:
https://channel.royalcast.com/hegnarmedia/#!/hegnarmedia/20251023_1
DISCLOSURE REGULATION
This information is subject to the disclosure requirements pursuant to Section
5-12 of the Norwegian Securities Trading Act.
CONTACTS
* Marius Drefvelin, CFO StrongPoint ASA, +47 958 95 690,
marius.drefvelin@strongpoint.com
ABOUT STRONGPOINT
StrongPoint is a grocery retail technology company that provides solutions to
make shops smarter, shopping experiences better, and online grocery shopping
more efficient. With approximately 500 employees in Norway, Sweden, the Baltics,
Finland, Spain, the UK and Ireland, and together with a wide partner network,
StrongPoint supports grocery and retail businesses in more than 20 countries.
StrongPoint provides end-to-end e-commerce solutions, including in-store order
picking, automated fulfillment (with AutoStore), click & collect
temperature-controlled grocery lockers, and in-store and drive-thru grocery
pickup solutions. The company also delivers a range of in-store technologies,
such as electronic shelf labels, AI-powered self-checkouts, and cash management
and payment solutions. StrongPoint is headquartered in Norway and is listed on
the Oslo Stock Exchange with a revenue of approximately NOK 1.3 billion [ticker:
STRO].
ATTACHMENTS
Download announcement as PDF.pdf -
https://kommunikasjon.ntb.no/ir-files/17847450/18694825/6502/Download%20announce
ment%20as%20PDF.pdf
StrongPoint Q3 2025.pdf -
https://kommunikasjon.ntb.no/ir-files/17847450/18694825/6498/StrongPoint%20Q3%20
2025.pdf
StrongPoint Q3 2025 print version.pdf -
https://kommunikasjon.ntb.no/ir-files/17847450/18694825/6499/StrongPoint%20Q3%20
2025%20print%20version.pdf
StrongPoint Q3 2025 Presentation.pdf -
https://kommunikasjon.ntb.no/ir-files/17847450/18694825/6501/StrongPoint%20Q3%20
2025%20Presentation.pdf