Q2 2021 Strongpoint ASA Earnings Call Transcript
Good morning, everybody, and welcome to this Q2 presentation of StrongPoint results. My name is Jacob Tveraabak. I will be presenting the main highlights today as the CEO. And with me, as always, I have Hilde Horn Gilen, our CFO.
Before diving into the Q2 figures as such, I want to provide a short intro of StrongPoint to the, hopefully, satisfaction of both existing and, of course, new shareholders.
So StrongPoint. Why on earth are we starting with a slide like this? Well, with the pandemic, there's -- has been -- is an unprecedented growth in grocery e-commerce. We are starting to get our fair share of attention both in Europe, in U.K. and overseas, as shown in some of these fabrications -- or publications that have been out there recently.
And why is e-commerce so important for StrongPoint? Well, this is really the reason or the foundation behind, what we call, the double opportunity. So e-commerce is driving, on the one hand side, the margin pressure in the stores as more and more of the sales are going outside stores, leaving an
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