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

* Q3e EBITDA of NOK 9m* Awaiting stabilised markets* '26e-'27e estimates down - DCF NOK 15/shQ3e EBITDA of NOK 9mThe last couple of years have not been a period of smooth sailing for StrongPoint...

* Q3e EBITDA of NOK 9m* Awaiting stabilised markets* '26e-'27e estimates down - DCF NOK 15/shQ3e EBITDA of NOK 9mThe last couple of years have not been a period of smooth sailing for StrongPoint, as project delays and long decision-making cycles have hampered momentum and weighed on profitability. Adjusted EBITDA was NOK 12m in '24, down from NOK 80m in '22. It remains a waiting game, but performance has improved in '25, with H1'25 EBITDA of NOK 18m. StrongPoint is taking one step (quarter) at a time on its recovery road, and we expect Q3 to be another step in the right direction. We model Q3 revenues of ~NOK 358m (up ~14% y-o-y, vs. +18% y-o-y in Q2), with a GM at 42.0% and EBITDA of ~NOK 9m. This implies LTM EBITDA of ~NOK 32m, up ~70% from the Q1'25 LTM EBITDA – still a way to go, but getting there.Awaiting stabilised marketsThe EBITDA margin is still pressed at ~2.5%, which compares to the company's long-term target of an EBITDA margin &gt;10%. Though we believe the long-term target will remain in place, we expect StrongPoint to provide a new strategy update in H1'26 regarding its short-term targets. Previously, StrongPoint targeted '25 revenues of NOK 1.5bn-1.8bn and an EBITDA margin of 4-6%. With these targets out of range, coupled with delays and difficult market conditions, it is likely that the company will adopt a more cautious view on its short-term targets, meaning a modest '26 target is likely. We model a '26e EBITDA margin of 4.0%, which yields EBITDA of ~NOK 62m – 25% below the previous '25 targets.'26e-'27e estimates down – DCF NOK 15/shWe make limited changes to our underlying '25e estimates (in absolute numbers), but our '26e-'27e estimates are down, as we lift opex somewhat and take a somewhat more careful view on the market recovery. Updated with more cautious estimates and a long-term EBITDA margin of ~7% (vs. &gt;10% target), our DCF points to NOK 15/sh (we see fair range of 8-18/sh).