Press releases

Sales increase by 47 percent in the quarter – Currencies effect the result negatively

In accordance with the decision at the Annual General Meeting on April 23, 2010 Pricer’s Chairman of the board Peter Larsson has during October contacted the company’s largest shareholders to form a Nomination Committee. Subsequently, the shareholders agreeing to participate in the work of the Nomination Committee each nominated a representative. The shareholders and representatives comprising ...

Carrefour, the second largest retailer worldwide, has chosen Pricer for upgrading the Electronic Shelf Labels in its hypermarkets. Pricer’s new Continuum labels will replace the previous generation labels that are installed in 194 hypermarkets in France. First 12 to 17 hypermarkets will be installed this year. Carrefour also indicated that the rest of the stores are planned to be installed until ...

Cora has decided to roll out Pricer Electronic Shelf Label system in all its remaining 50 hypermarkets. The project value is about 50 MSEK. Cora is planning to install 20 stores before the end of the year and the rest during 2011-2012.

The Board of Pricer AB has appointed Fredrik Berglund as the new President and CEO. Fredrik Berglund will assume his position immediately, replacing Charles Jackson, who has been CEO since 2007.

Continued improvement in sales and margins

The Cellular Connection, Midwest USA’s largest Verizon Wireless Premium Retailer, selected Pricer’s Dot Matrix displays for a company-wide roll out in all of its retail stores. Pricer’s graphic Electronic Shelf Labels (ESL) are being installed at 215 company owned locations selling mobile telephones and other wireless devices and accessories. This project is valued at approximately 7 MSEK and ...

The holders of the remaining convertible loans of 22.45 MSEK from 2007 today converted the loans to Pricer series B shares. The agreed conversion rate was 0.57 SEK per share leading to a total of 39,385,963 new shares being issued, representing 3.7 percent of the total number of issued shares.

Castorama, the 2nd largest retailer in French Do-It-Yourself (DIY) industry, part of the Kingfisher Group, recently signed a frame agreement to roll out Pricer ESL across France. The first 19 stores will be completed during the first half of this year for a total order value of 57 MSEK.