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  • Pricer
    Hälsingegatan 47, S-113 31 Stockholm, Sweden
    +46 (0)768 632 401 
    http://www.pricer.com
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    Interim report January–September 2024 – Pricer AB

    Continued trend of stronger profitabilityThird quarter 2024• Net sales amounted to SEK 613.8 M (621.9), a decrease of 1.3 percent compared with the same quarter last year.• Operating profit increased to SEK 63.0 M (6.3), which corresponds to an operating margin of 10.3 percent (1.0).• Operating profit before depreciation, amortization and impairment rose to SEK 81.3 M (21.2).• Cash flow from operating activities amounted to SEK -71.8 M (-83.0) for the quarter, and was impacted by building up inventories and discontinuing factoring.• Order intake was SEK 532 M (523), an increase of

    Nomination committee appointed ahead of 2025 Annual General Meeting of Pricer AB

    In accordance with the decision at the Annual General Meeting on May 7, 2024 Pricer’s Chairman of the Board Bernt Ingman has contacted the company’s three largest shareholders to form a Nomination Committee. Shareholders shall also include such group of two or more shareholders who have notified the Chairman of the Board that they wish to participate jointly in the Nomination Committee’s work, which has not happened.The shareholders and representatives comprising the Nomination Committee are: - Giulia Nobili, nominated by Sterling Strategic Value Fund SA, Luxemburg. - Göran Sundholm,

    Invitation for presentation of Pricer’s interim report for the third quarter 2024

    Pricer AB will present its interim report for the third quarter 2024 in a webcast on October 24 at 13.00 CET.According to the financial calendar, Pricer will publish the report for the third quarter 2024 on Thursday, October 24 at approximately 7.00 am CET. Pricer hereby invites to a presentation of the report on the same day. Magnus Larsson, President and CEO, and Claes Wenthzel, acting CFO, will present the report and answer questions. Date: October 24, 2024 Time: 13.00 CET Link to the webcast: Pricer AB Q3 Report 2024 (financialhearings.com) 

    Finnish co-operative retailer S Group installs Pricer’s digital in-store solution in over 100 additional stores

    Within the five-year framework agreement signed in 2023, and after installing the 300 initially planned stores during the past year, Finnish S Group has decided to take the next step. In the next wave of installations of Pricer’s in-store communication and automation solution, more than 100 stores will be equipped during the first half of 2025. The order value will be included in Pricer’s order intake for the fourth quarter of 2024.The installations will mainly be done in their S-market supermarket stores, and Prisma hypermarkets, that previously have focused on implementing Pricer’s in-

    Pricer partners in the Eurostars-funded project SELECT to advance sustainable electronics

    Pricer AB is pleased to announce its participation in the SELECT (Sustainable Electronics for Energy Harvesting Applications) project, which has received funding through the Eurostars program, the largest international funding program for SMEs collaborating on R&D projects.This collaborative initiative brings together leading innovators from across Europe to develop a scalable platform for energy harvesting technologies, aimed at reducing the environmental impact of electronic devices. As a key partner in the SELECT project, Pricer is focused on pioneering the development of batteryless

    Interim report January–June 2024 – Pricer AB

    A new of quarter of profitability and strong cash flow from operating activitiesInterim report January–June 2024 – Pricer AB A new of quarter of profitability and strong cash flow from operating activities Second quarter 2024• Net sales amounted to SEK 644.0 M (687.2), a decrease of 6.3 percent compared to the same quarter last year.• Operating profit increased to SEK 48.5 M (-0.3), which corresponds to an operating margin of 7.5 percent (0.0).• Operating profit before depreciation, amortization and impairment rose to SEK 66.4 M (14.6).• Cash flow from operating activities

    Invitation for presentation of Pricer’s interim report for the second quarter 2024

    Pricer AB will present its interim report for the second quarter 2024 in a webcast on July 18 at 13.00 CET.According to the financial calendar, Pricer will publish the report for the second quarter 2024 on Thursday, July 18 at approximately 7.30 am CET. Pricer hereby invites to a presentation of the report on the same day. Magnus Larsson, President and CEO, and Claes Wenthzel, acting CFO, will present the report and answer questions. Date: July 18, 2024 Time: 13.00 CET Link to the webcast: https://financialhearings.com/event/48514 

    North American grocery retailer digitizes stores with Pricer Plaza in 90 MSEK order

    Pricer’s partner JRTech Solutions has signed an agreement with a large Tier 1 North American grocery retailer for the cloud-based platform Pricer Plaza, which allows for in-store automation and communication, within an initial 50 of their stores.The value of the contract is approximately 90 MSEK. The rollout of Pricer Plaza and electronic shelf labels within the initial 50 stores is expected to be completed by the end of 2024. This installation by one of the largest grocery chains in North America with over 1500 grocery and pharmacy stores, is the first large-scale full-store deployment of

    Grocery retailer Alphamega orders 37 MSEK of electronic shelf labels

    Pricer’s partner StrongPoint has signed an agreement with Alphamega, the largest grocery retailer in Cyprus, to install electronic shelf labels in all its stores. The value of the contract is approximately 37 MSEK and the rollout is expected to begin in 2024 and be completed by 2026.“We are excited that our solution will support Alphamega in its digitalization journey. The adoption of our cloud-based platform Pricer Plaza represents a significant leap forward and empowers this leading retailer with centralized control and management of pricing, product information, and promotions across all

    Information from Annual General Meeting 2024 in Pricer AB

    Pricer AB held its Annual General Meeting (the “AGM”) on 7 May 2024. The following main decisions were made:Adoption of the income statements and the balance sheets The AGM resolved to adopt the income statement and the balance sheet and the consolidated income statement and the consolidated balance sheet for the financial year 2023. Dividend The AGM resolved, in accordance with the Board’s proposal, that no dividend shall be paid for the financial year 2023 and that the company’s available funds shall be balanced in a new account. Discharge from personal liability The

    Interim report January–March 2024 – Pricer AB

    Largest order intake in Pricer's historyFirst quarter 2024 • Net sales amounted to SEK 670.3 M (571.4), an increase of 17.3 percent compared to the same period last year. • Operating profit amounted to SEK 21.4 M (–13.9), which corresponds to an operating margin of 3.2 percent (–2.4). • Operating profit before depreciation, amortization and impairment amounted to SEK 37.6 M (0.9). • Order intake was SEK 972 M (707), an increase of 37.7 percent compared to the same period last year. • Order backlog amounted to SEK 661 M (613), of which the majority is expected to be delivered

    Invitation for presentation of Pricer’s interim report for the first quarter 2024

    Pricer AB will present its interim report for the first quarter 2024 in a webcast on April 25 at 13.00 CET.According to the financial calendar, Pricer will publish the report for the first quarter 2024 on Thursday, April 25 at approximately 8.30 am CET. Pricer hereby invites to a presentation of the report on the same day. Magnus Larsson, President and CEO, and Claes Wenthzel, acting CFO, will present the report and answer questions. Date: April 25, 2024 Time: 13.00 CET Link to the webcast: https://ir.financialhearings.com/pricer-ab-q1-report-2024 

    Notice of Annual General Meeting in Pricer AB 2024

    The board of directors of Pricer AB (publ) has resolved to convene an annual general meeting to be held Tuesday, May 7, 2024. Further details on the proposals can be found in the notice convening the meeting, below.The notice is expected to be published in the Swedish Official Gazette (Post- och Inrikes Tidningar) and on the company's website within the next few days. NOTICE OF ANNUAL GENERAL MEETING IN PRICER AB The Annual General Meeting of Pricer AB will be held on Tuesday 7 May 2024 at 2:00 pm at Klara Konferens, Klarabergsviadukten 90, in Stockholm. Registration begins at 1:30 pm.

    The Nomination Committee’s proposal for election of Board members 2024

    The Nomination Committee of Pricer AB (publ) has decided to propose that the Annual General Meeting 2024 approves the following proposals regarding the number of Board members and election of Board members.The Nomination Committee proposes that the number of members of the Board of Directors shall be six. The Nomination Committee proposes, for the period until the end of the next Annual General Meeting, re-election of Bernt Ingman, Ole Mikael Jensen, Emil Ahlberg, Torbjörn Möller and Jenni Virnes and new election of Linda Pimmeshofer. Hans Granberg and Jonas Guldstrand have declined re-

    Pricer publishes the annual report 2023

    Pricer AB (publ) publishes the annual report for 2023.Pricer’s annual and sustainability report for 2023, in Swedish and English, is now available on the web in pdf-format. The annual report can also be ordered in print from the company and distributed via post to shareholders on demand. The Annual General Meeting will take place Tuesday May 7, 2024, at 14.00 CET at Klara konferens, Klarabergsviadukten 90 in Stockholm. Complete notifications and documents will be available on the web https://www.pricer.com/about/corporate-governance/annual-general-meeting/ and at the company. For

    East of England Co-op places 50 MSEK order to rollout Pricer’s digital platform across the full chain

    East of England Co-operative Society, one of the largest regional co-operatives in the UK, has signed an agreement with Pricer for a full-chain installation worth 50 MSEK in all 120+ of its food stores with the cloud-based platform Pricer Plaza and digital labels.To improve operational efficiency in its 120+ food stores, East of England Co-op has selected Pricer’s in-store automation and communication solution and the latest 4 color electronic shelf labels. The installation will start in June and the plan is to have all installations finalized during spring 2025. The food stores across

    Pricer AB updates the financial targets

    The Board of Directors of Pricer AB has decided to update its financial targets.As a consequence of the transformation that the company is undergoing, which has been communicated previously, and an increased focus on profitable growth, the Board of Directors of Pricer AB has established the following long-term financial targets: Sales growth The annual sales growth should be in line with the market or at least 15 percent. Operating margin The operating margin (EBIT margin) should be more than 8 percent. For further information, please contact: Claes Wenthzel, acting CFO,

    Pricer and PaperShell in strategic partnership to drive environmental change within the electronics sector

    Pricer, a global leader in in-store automation and communication solutions, announces a strategic partnership with PaperShell, a Swedish company who develops and manufactures innovative and high performance biocomposite, in a move towards sustainable material for Pricer’s products and ultimately for the whole electronics sector.The collaborative effort between Pricer and PaperShell signifies an increased focus on environmental circular innovation. The ultimate goal is to be a pioneer with components in electronic shelf labels made of 100% bio-based material with no fossil components. “By

    Upmarket Italian delicatessen brand, Prezzemolo & Vitale, rolls out Pricer’s in-store automation solution to its London stores

    Leading high-end Italian delicatessen brand, Prezzemolo & Vitale (P&V), has selected Pricer as its provider of in-store automation and communication solution based on ESLs, rolling out digital shelf labels in all its London stores.Founded in Palermo, Sicily, P&V is now a third-generation family-owned premium deli, which specialises in high-quality, artisan Italian produce sold through its modern estate of grocery stores. With 10 stores in Palermo, P&V sought to expand into the UK market, showcasing and celebrating the culture of Italy and Sicily through its food and wine produce. It

    Year-end report 2023 – Pricer AB

    High net sales of 801 MSEK – an increase of 15 percent compared to last year.Fourth quarter 2023 • Net sales amounted to SEK 800.6 M (696.1), an increase of 15.0 percent compared to the same period last year. • Of net sales, SEK 17.5 M (11.9) refers to recurring revenue. • Gross margin amounted to 17.7 percent (15.5). • Operating profit (EBIT) amounted to SEK 20.1 M (27.9), which corresponds to an operating margin of 2.5 percent (4.0). • The company initiates a cost-saving program that is burdening the quarter with SEK 19.3 M in restructuring costs and SEK 14.8 M for

    Invitation for presentation of Pricer’s interim report for the fourth quarter 2023

    Pricer AB will present its interim report for the fourth quarter 2023 in a webcast on February 8 at 13.00 CET.According to the financial calendar, Pricer will publish the report for the fourth quarter 2023 on Thursday, February 8 at approximately 8.30 am CET. Pricer hereby invites to a presentation of the report on the same day. Magnus Larsson, President and CEO, and Susanna Zethelius, CFO, will present the report and answer questions. Date: February 8, 2024 Time: 13.00 CET Link to the webcast: Pricer AB, Webcast, Q4, 2023 | Financial Hearings 

    Italian retail group Maxi Di and Pricer signs framework agreement

    Pricer announces the signing of a framework agreement for the last quarter of 2023 and 2024 with Maxi Di, a major retail group within Selex Group, and Pricer’s partner IBC.“We are thrilled to share the exciting news that Maxi Di, who already uses Pricer’s in-store solution in more than 50 large format stores, has chosen to enhance and solidify its digitalization journey by embracing additional innovative solutions from Pricer. This agreement represents a noteworthy advancement in the ongoing evolution of digitalization within the retail sector”, says Michael Cacciatore, Country Manager

    Pricer appoints Claes Wenthzel as acting CFO after Susanna Zethelius

    As communicated previously, Susanna Zethelius is leaving her role as CFO at Pricer AB. As of February 12, 2024, Claes Wenthzel is nominated as acting CFO.Claes Wenthzel has extensive and broad experience as CFO in international and listed companies. His most recent position was as the CFO at Newsec group. He has previously been CFO at, among others, Resurs Holding AB, Starbreeze and Catena Media, as well as acting CFO at Pricer. “I warmly welcome Claes to Pricer. His prior experience will significantly complement our organization, particularly his expertise in profitability focus and

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