Brief: Mestro Signs Framework Agreement With Postnord Sverige

Mestro AB

15/12/2021 07:56

Dec 15 (Reuters) - Mestro Ab  MESTRO.ST :
    * SIGNS FRAMEWORK AGREEMENT WITH POSTNORD SVERIGE
    * TOTAL CONTRACT VALUE DURING FIRST YEAR IS ABOUT SEK
200,000 OF
WHICH ABOUT SEK 100,000 PERTAINS TO ANNUAL RECURRING
SUBSCRIPTION REVENUES
    * AGREEMENT IS SIGNED FOR FOUR YEARS, WITH POSSIBILITY OF
EXTENSION FOR ONE YEAR AT A TIME FOR ANOTHER THREE YEARS
    * MESTRO'S ENERGY MONITORING SYSTEM WILL INITIALLY BE USED
BY
POSTNORD IN SWEDEN. THERE IS AN OPPORTUNITY FOR POSTNORD TO
RETRIEVE ADDITIONAL FACILITIES IN SWEDEN, DENMARK, NORWAY AND
FINLAND

Source text for Eikon:  ID:nMFN3tb6Fb 
Further company coverage:  MESTRO.ST 

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