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Pricer has announced its new financial targets at the capital markets day held on June 8, 2022. The company aims to achieve sales of SEK 4,500 million by 2025, with 10 percent of those sales stemming from recurring revenues. Insights into the company's operations and strategy will be shared by the executive management team during the event.
Pricer, founded in 1991 and listed on Nasdaq Stockholm, specializes in smart retail technologies, enhancing store performance and customer experience through digital solutions.
Pricer announced a new framework agreement between JRTech Solutions and Metro, a leading Canadian food retailer, for the continued deployment of Pricer's Electronic Shelf Labels (ESL). This new agreement builds on the initial framework established in 2018, enhancing Metro's ESL capabilities with the addition of a Cloud Automated Product Positioning solution. This technology aims to improve product visibility and accessibility for customers. The partnerships position Metro to leverage advanced retail technologies as demand grows.
Best Buy Canada has placed an order for Pricer's Electronic Shelf Labels (ESL) system in 129 stores, valued at SEK 57 million. This order will be recorded in Pricer's order intake for Q2 2021. Deliveries are expected to commence in Q2 2021 and conclude by Q1 2022. Pricer has positioned itself as a leader in the smart retail market, focusing on in-store digital solutions that enhance performance and the shopping experience.
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