Jul 11, 2025 / 05:00AM GMT
Jacob Tveraabak - Strongpoint ASA - Chief Executive Officer
Good morning everybody and welcome to this Q2 presentation by Strongpoint and its results. My name is Jacob Tveraabak and the CEO of Strongpoint. And as always I have Marius Dref verlin, our CFO, with me here today to take you through today's agenda.
I'll start off with this quarter's highlights. First of all, we have an 18% growth in our revenue to NOK350 million driven by strong growth in the UK, in Sweden, and the Baltics. Our recurring revenue is also growing very significantly with 16%. This is predominantly driven by our order picking growth and also a number of other solutions that we have both proprietary but also third party.
Our EBITDA in the quarter is NOK7 million, a NOK16 million improvement from last year, which gets us to a slightly more than 2% EBITDA margin and we have cash flow from operations of NOK20 million-plus. I'll dive more into the customer success stories for this quarter, but I must say we're very proud to have landed Carrefour Belgium with our order picking solution.
We're also very proud
Q2 2025 Strongpoint ASA Earnings Call Transcript
Jul 11, 2025
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