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StrongPoint ASA ( (DE:PGT) ) has shared an announcement.
StrongPoint has been selected by a leading UK-based retailer to design and install their first AutoStore solution and provide warehouse fit-out services, with the contract valued at approximately 15 MNOK. This project highlights StrongPoint’s ability to offer integrated solutions and compete for larger projects, marking a significant expansion from its shopfitting roots to providing advanced automation services.
More about StrongPoint ASA
StrongPoint is a grocery retail technology company that offers solutions to enhance shopping experiences and improve the efficiency of online grocery shopping. With a workforce of approximately 500 employees across Norway, Sweden, the Baltics, Finland, Spain, the UK, and Ireland, StrongPoint supports grocery and retail businesses in over 20 countries. The company provides end-to-end e-commerce solutions, including automated fulfillment, click & collect lockers, and various in-store technologies. StrongPoint is headquartered in Norway and listed on the Oslo Stock Exchange.
Average Trading Volume: 50,658
Current Market Cap: NOK469.2M
See more insights into PGT stock on TipRanks’ Stock Analysis page.