StrongPoint ASA (STRO.OL)
StrongPoint ASA operates in the Hardware, Equipment & Parts industry of the Technology sector, headquartered in Oslo, PS, NO. The stock last traded at $10.05, up 1.31% on the session, giving a market capitalisation of $450.6M. Its beta of 0.62 implies it has historically moved less than the broad market.
StrongPoint ASA engages in the development, sale, and implementation of integrated technology solutions to retailers in Scandinavia and internationally. The company offers e-commerce logistic solutions, including order picking, automated fulfillment, warehouse management, home delivery, and various click and collect pickup solutions; in-store productivity solutions, such as electronic shelf labels, scales and wrapping systems, and ShopFlow Logistics, a cloud-based mobile logistics system for managing routines such as receiving goods, inventory, balance adjustments, label printing, and waste management. It also provides payment solutions comprising checkout efficiency solutions, including self-checkout; Vensafe, which automates in-store sales of restricted and high-theft products, such as tobacco, pharmaceuticals, and other high-value items; self scanning; and POS systems, as well as multiple CashGuard models: Core, Premium, Unico, and Compact. In addition, the company is involved in equipping retail and service shops with necessary equipment, fixtures, and fittings, as well as refurbishing checkouts; and implements, personalizes, and maintains an enterprise resource management solution. The company was formerly known as PSI Group ASA and changed its name to StrongPoint ASA in September 2015. StrongPoint ASA was founded in 2000 and is headquartered in Oslo, Norway.
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