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Pricer presents financial targets

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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.

Positive
  • Financial target of SEK 4,500 million in sales by 2025.
  • Recurring revenues projected to constitute 10% of total sales.
Negative
  • None.

STOCKHOLM, June 8, 2022 /PRNewswire/ -- Pricer's Board of Directors has decided on financial targets for the company. At today's capital markets day, Pricer's executive management team will provide further insights into the company's operations, strategy, and financial targets.

Pricer's financial target is to reach sales of SEK 4,500 million by 2025, of which recurring revenues will account for 10 percent of sales.

For further information, please contact:

Magnus Larsson, Acting CEO, +46 704 316851

Susanna Zethelius, CFO, +46 704 440 092

info@pricer.com

This information is information that Pricer AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 11:00 CET on 8 June, 2022.

Every care has been taken in the translation of this document. In the event of discrepancies, the Swedish original will supersede the English translation.

About Pricer

Pricer is a leading global technology company serving the rapidly growing smart retail market with in-store digital solutions that enhance both store performance and the shopping experience. Through electronic shelf labels, advanced technology, such as optical wireless communication and AI, and continuous innovation, Pricer offers the foundation for in-store communication and efficiency. The industry-leading Pricer platform delivers benefits from 30 years of deployment experience and is fast, robust, interconnectable and scalable. Pricer was founded in Sweden in 1991 and is listed on Nasdaq Stockholm. For further information, please visit  www.pricer.com

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/pricer/r/pricer-presents-financial-targets,c3581843

The following files are available for download:

https://mb.cision.com/Main/715/3581843/1590085.pdf

2022-06-08_Targets_ENG

Cision View original content:https://www.prnewswire.com/news-releases/pricer-presents-financial-targets-301563810.html

SOURCE PRICER

FAQ

What are Pricer's financial targets announced on June 8, 2022?

Pricer's financial target is to reach sales of SEK 4,500 million by 2025, with 10% from recurring revenues.

What percentage of Pricer's sales will come from recurring revenues by 2025?

By 2025, Pricer aims for 10% of its sales to come from recurring revenues.

When did Pricer announce its financial targets?

Pricer announced its financial targets on June 8, 2022.

Where is Pricer listed?

Pricer is listed on Nasdaq Stockholm.

What industry does Pricer operate in?

Pricer operates in the smart retail technology industry, providing in-store digital solutions.

PRICER AB B SHS

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