contentSlug

type

ContentSlug_ContentQuery

slug

ContentPageContentQuery

content

trendingContent

query ContentSlug_ContentQuery(
  $contentSlug: String!
  $type: [ContentType!]
) {
  ...ContentPageContentQuery_13QmVO
}

fragment CompanyDetails_Content on Content {
  __isContent: __typename
  companies {
    name
    description
    pageUrl
    id
  }
}

fragment ContentBasicInfo on Content {
  __isContent: __typename
  id
  type
  title
  lang
  companies {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  tags {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  ...PublishingDetails
  ...Reactions
}

fragment ContentMetadata on Content {
  __isContent: __typename
  type
  title
  lang
  pageUrl
  alternatePageUrls: translations {
    __typename
    pageUrl
    lang
  }
  imgUrl
  description
  ... on Video {
    liveTime
    videoUrl
  }
  ... on Webcast {
    liveTime
    videoUrl
  }
}

fragment ContentPageContentQuery_13QmVO on Query {
  content(slug: $contentSlug, type: $type) {
    __typename
    id
    type
    title
    isPremium
    lang
    htmlBody
    summary
    companies {
      forum {
        latestPosts {
          ...ForumPosts
        }
      }
      name
      id
      viewerIsFollowing
      pageUrl
      defaultInstrument {
        isin
        id
        marketOpen
        marketClose
        marketplace {
          region
        }
        returns {
          total
        }
      }
    }
    tags {
      viewerIsFollowing
      id
      name
      pageUrl
    }
    createdAt
    ... on Video {
      liveTime
    }
    ... on Webcast {
      liveTime
    }
    slug
    ... on CompanyReport {
      reportUrl
    }
    ... on ThirdPartyCompanyReport {
      reportUrl
    }
    ... on StockExchangeRelease {
      reportUrl
    }
    ...ContentBasicInfo
    ...ContentMetadata
    ...PriceAndRecommendation_Content
    ...CompanyDetails_Content
    ...ReportLink_Content
    ...KeyFigures_Content
  }
  ...TrendingContent_1jQ2Cn
}

fragment ForumPosts on ForumPost {
  text
  likesCount
  url
  author
  postedAt
  authorImgUrl
}

fragment KeyFigures_Content on Content {
  __isContent: __typename
  companies {
    defaultInstrument {
      estimateData {
        modelType
        reportingCurrency
      }
      snapshot {
        transaction {
          date
          actualized {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
          }
          estimates {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
          }
        }
      }
      id
    }
    id
  }
}

fragment PriceAndRecommendation_Content on Content {
  __isContent: __typename
  createdAt
  companies {
    name
    pageUrl
    defaultInstrument {
      priceData {
        tradeCurrency
      }
      snapshot {
        priceData {
          date
          lastPrice
          tradeCurrency
        }
        transaction {
          date
          recommendation
          targetPrice
        }
        prevTransaction {
          recommendation
        }
      }
      id
    }
    id
  }
}

fragment PublishingDetails on Content {
  __isContent: __typename
  createdAt
  publishers {
    name
    imgUrl
  }
  authors {
    __typename
    id
    name
    slug
    imgUrl
    jobTitle
  }
  ... on Video {
    liveTime
  }
  ... on Webcast {
    liveTime
  }
}

fragment Reactions on Content {
  __isContent: __typename
  id
  reactionGroups {
    reactionType
    reactionsCount
    viewerReacted
  }
}

fragment ReportLink_Content on Content {
  __isContent: __typename
  type
  isPremium
  ... on CompanyReport {
    reportUrl
  }
  ... on ThirdPartyCompanyReport {
    reportUrl
  }
  ... on StockExchangeRelease {
    reportUrl
  }
}

fragment TrendingContent_1jQ2Cn on Query {
  trendingContent(type: ARTICLE) {
    __typename
    id
    title
    lang
    pageUrl
    createdAt
    type
    imgUrl
    companies {
      squareLogoUrl
      name
      id
    }
    authors {
      __typename
      imgUrl
      id
    }
    publishers {
      imgUrl
    }
  }
}


__typename

title

isPremium

lang

htmlBody

summary

companies

createdAt

publishers

authors

reactionGroups

pageUrl

translations

imgUrl

description

StrongPoint is a technology company headquartered in Norway that supplies solutions to the grocery and retail sectors. The solutions include electronic shelf labels, self-service checkouts, cash handling and payment solutions, store management software, in-store and warehouse robotic solutions, click and collect package and grocery cabinets, in-store grocery picking systems and other e-commerce order fulfillment solutions, both manual and automated.

StrongPoint

* Q3 EBITDA of NOK 14m* Signs of improvement* Limited underlying estimate changes - DCF NOK 15/shQ3 EBITDA of NOK 14mStrongPoint delivered a decent Q3, with revenue up +2% y-o-y (NOK 320m vs...

* Q3 EBITDA of NOK 14m* Signs of improvement* Limited underlying estimate changes - DCF NOK 15/shQ3 EBITDA of NOK 14mStrongPoint delivered a decent Q3, with revenue up +2% y-o-y (NOK 320m vs. NOK 313m in Q3'24) and EBITDA at NOK 14m vs. ABGSCe NOK 9m. This translated into an EBITDA margin of 4.3%, up from 3.9% in Q3'24. The top-line growth was solely driven by UK &amp; Ireland, which was up 127% y-o-y (AutoStore implementation and ESL installations). The revenues in the Nordics declined 12%, driven by lower product sales of low-margin ESL hardware and hard comps as several large rollouts were completed last year. Note that the gross margin increased by 2.2pp y-o-y, driven by a higher share of services (ESL and AutoStore installations). StrongPoint reiterated its long-term ambitions (EBITDA margin &gt;10% and "healthy" revenue growth), and while not there yet, the YTD margin of 3.1% is +3.4pp from the same period last year, i.e. slow and steady improvements.Signs of improvementThe past few years have been challenging for StrongPoint, but 2025 indicates a recovery, with YTD EBITDA at NOK 31m, vs. NOK -3m in the same period last year (reported figures). Further, recurring revenue continues to grow, +12% y-o-y in Q3’25, driven by a 27% increase in licence revenue. We understand that some of the improvements stem from StrongPoint delivering on its Order Picking solution, so we find it encouraging that a leading retailer, MC (Portugal's top grocery retailer), chose the StrongPoint solution to replace its existing solution, i.e. we see this as a proof-of-concept for the StrongPoint Order Picking solution.Limited underlying estimate changes – DCF NOK 15/shWe make limited changes to our underlying estimates, and with Sainsbury's and MC Order Picking rollouts expected by summer '26, we see potential for a stronger '26e. Our DCF points to NOK 15/sh (fair value range of NOK 8-18/sh).