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    STRON   NO0010098247

STRONGPOINT ASA

(STRON)
  Report
Real-time Oslo Bors  -  10:25 2022-12-09 am EST
24.60 NOK   -1.20%
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StrongPoint: Hilde Gilen to step down as CFO

11/24/2022 | 11:01am EST

(Oslo, 24 November 2022) StrongPoint ASA (StrongPoint, OSE:STRO) today announces the resignation of Chief Financial Officer (CFO) Hilde Gilen. Gilen will take on a CFO position in a Private Equity owned company during first half of 2023. Gilen will continue in her role as Group CFO until 31 May, 2023, at the latest. The search for a new Group CFO at StrongPoint will commence immediately.

"I would like to thank Hilde for her strong contribution and dedication to StrongPoint. For soon 4 years, she has played an important role in the strategic development and improvement processes that have taken place at StrongPoint. In this period, we have sharpened the business focus and we have built a strong organization and leadership group to deliver on our strategic ambitions. While I regret her decision, I wish Hilde all the best in her new position", says Jacob Tveraabak, CEO at StrongPoint ASA.  

"StrongPoint is an outstanding company with fantastic people doing their upmost for its customers, so this was not an easy decision to make. I am grateful to have been part of the StrongPoint-team and look forward to seeing StrongPoint continue its positive development in the years to come", says Hilde Gilen, Group CFO of StrongPoint ASA. 

Disclosure regulation

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.

Contacts

  • Hilde Horn Gilen, CFO StrongPoint ASA, +47 920 60 158, hilde.gilen@strongpoint.com
  • Jacob Tveraabak, CEO StrongPoint ASA, +47 908 21 370, jacob.tveraabak@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 over 500 employees in Norway, Sweden, the Baltics, 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 in-store cash management and payment solutions, electronic shelf labels, self-checkouts, task and labor management software, click & collect temperature-controlled grocery lockers, in-store and drive-thru grocery pickup solutions and grocery order picking solutions, both manual and automated. StrongPoint is headquartered in Norway and is listed on the Oslo Stock Exchange with a revenue of approx 1bn NOK [ticker: STRO].”

Attachments

  • Download announcement as PDF.pdf

© NTB Norway, source NTB English Regulatory Releases

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Financials
Sales 2021 1 015 M 102 M 102 M
Net income 2021 190 M 19,1 M 19,1 M
Net cash 2021 107 M 10,7 M 10,7 M
P/E ratio 2021 5,75x
Yield 2021 3,25%
Capitalization 1 092 M 110 M 110 M
EV / Sales 2021 0,97x
EV / Sales 2022 0,85x
Nbr of Employees 517
Free-Float 68,8%
Chart STRONGPOINT ASA
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Technical analysis trends STRONGPOINT ASA
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TrendsBullishBullishNeutral
Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 1
Last Close Price 24,60 NOK
Average target price 34,00 NOK
Spread / Average Target 38,2%
EPS Revisions
Managers and Directors
Jacob Tveraabak Chief Executive Officer
Hilde Elisabeth Horn Gilen Chief Financial Officer
Per-Morthen Johannessen Chairman
Julius Stulpinas Senior Vice President-Technology
Klaus de Vibe Independent Director
Sector and Competitors