Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
StrongPoint ASA ( (DE:PGT) ) just unveiled an announcement.
StrongPoint ASA reported a significant increase in revenues for the second quarter of 2025, with a rise of NOK 53 million compared to the same period in 2024. The company attributes this growth to strong performances in the UK, Ireland, Sweden, and the Baltics, despite ongoing economic uncertainties. While profitability in the Nordic and Baltic regions remains strong, the company is still investing in the UK and Spain. StrongPoint continues to build customer relationships, highlighted by recent partnerships with Coop Estonia and Carrefour Belgium. Although recovery is slower than expected, the company remains optimistic about its long-term prospects due to positive trends and sustained interest in its diverse solution portfolio.
More about StrongPoint ASA
StrongPoint is a grocery retail technology company headquartered in Norway, providing solutions to enhance shopping experiences and improve online grocery shopping efficiency. With around 500 employees across several European countries, StrongPoint offers end-to-end e-commerce solutions and in-store technologies, including order picking, automated fulfillment, and AI-powered self-checkouts. The company operates in over 20 countries and is listed on the Oslo Stock Exchange.
Average Trading Volume: 71,644
Current Market Cap: NOK518.4M
Find detailed analytics on PGT stock on TipRanks’ Stock Analysis page.