ITAB has signed an agreement for delivery of digital systems

ITAB has through subsidiary signed an agreement for delivery of digital system to Consum in Spain.

The agreement has an estimated value of SEK 60 million over a two year period and covers approximately 500 stores. Installations will be made in the stores' fish and meat area and provides an improved consumer experience as the customer can continue shopping without waiting in line.

The system provides a platform of several functions for the future with personalized communication to consumers in store.  Consum is one of Spain's five largest grocery chains and has about 700 stores.

The agreement is of strategic importance to ITAB then it is the largest installation so far within digital solutions for improved consumer experience.  It is also an important step in the cross-selling of ITAB's product portfolio in Southern Europe. ITAB look forward to working with Consum and their development to improve the consumer experience. The agreement provides opportunities for continued business in the coming years.

This contains information that ITAB Shop Concept AB (publ) is required to disclose under the Swedish MAR. The information was submitted for publication in Swedish at 2 pm on 14 February 2018.

For further information, please contact:

ITAB Shop Concept AB 
CEO  Ulf Rostedt 
Phone:  46 36 31 73 00
Mobile:  46 70 694 86 82

Box 9054, SE-550 09 JÖNKÖPING, SWEDEN    
Telefon: 46 [0]36 31 73 00
www.itab.se

ITAB Shop Concept AB sells, develops, manufactures and installs complete shop fitting concepts for retail chain stores. The all-inclusive offer includes custom-made fitting concepts, checkouts, self-checkout systems and professional lighting systems. Customers include the major players throughout most parts of Europe. ITAB is the market leader at checkout to retailers in Europe, and one of Europe's largest suppliers of shop fitting concepts and lighting systems. The group has approximately 3,600 employees and had 2017 a turnover of SEK 6,381 million. ITAB B-share is listed on the Nasdaq Stockholm.

About Us

ITAB Shop Concept sells, develops, manufactures and installs complete shop fitting concepts for retail chain stores. The all-inclusive offer includes custom-made fitting concepts, innovative solutions for checkout arena and professional lighting systems. Customers include the major players throughout most parts of Europe. ITAB is the market leader at checkout to retailers in Europe, and one of Europe's largest supplier of shop fitting concept and lighting systems. ITAB has organisations in 22 countries and 17 production facilities. The beginning of the 21st century was marked by rapid expansion for ITAB through organic growth and strategic business acquisitions. ITAB is the market leader in the Nordic countries, the Baltic countries and the UK and one of the largest in Central Europe and the Benelux countries. ITAB Shop Concept is now listed on OMX Nordic Exchange in Stockholm. The Group has 2 850 employees and a turnover of SEK 5.193 million in 2015.

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