Jul 16, 2019 / 06:15AM GMT
Jacob Tveraabak - StrongPoint ASA - CEO
StrongPoint is a retail technology company. What does that mean? Well, in StrongPoint's case, it means 2 things. On the one hand side, we provide in-store productivity solutions such as Self-Checkout solutions, electronic shelf labels, cash management systems and more; and on the other hand side, we provide online solutions for the logistics and back-end operations.
So why is it great to be StrongPoint today? Well, StrongPoint is benefiting tremendously from the growth in e-commerce on the one hand side because we have retailers that wants to move into e-commerce and need the support and expertise from a company like StrongPoint, and on the other hand side also because revenues in the stores are being set under pressure from the growth in e-commerce, meaning we need to improve the operations in the stores. So that is what I call the double opportunity for a company like StrongPoint.
As for the financials, I'm very pleased to announce that the second quarter 2019 figures are seeing a tremendous growth in underlying revenue. I'm saying underlying
Q2 2019 Strongpoint ASA Pre-Recorded Earnings Call Transcript
Jul 16, 2019
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