The European resellers inspiring investor confidence

Josh Budd
clock
The European resellers inspiring investor confidence

It's not just UK-listed resellers that are enjoying a solid 2018 on the stock market, with European counterparts such as Cancom and Crayon also climbing

3) Crayon

Share increase YTD: 27%

Current market valuation: NOK 1.35bn (€142.99m)

Valuation at start of year: NOK 1.08bn

Software asset management specialist Crayon announced plans to make a triumphant return to the stock exchange last year, and began trading on Oslo Børs on 8 November.

The Norwegian firm has been off to a flying start, and has grown its share price by more than 27 per cent since the start of January.

Crayon's success during its first eight months of trading has caught the attention of some of its competitors, with fellow LSP SoftwareONE and Russian VAR Softline even snapping up minority stakes in the firm.

Speaking to Channelnomics Europe, Crayon's CEO Rune Syversen said the fact that competitors have shown an interest speaks volumes about his firm's health on the stock market.

Syvensen even said that he, together with his co-founder, has even personally acquired more Crayon stock as a sign of his confidence in the company's future outlook.

alt=''

"Investors understand this is a more long-term investment based on the stock price right now. Both myself and my co-founder have acquired more stock because we are pretty bullish about the future and the outlook of the company, -" Rune Syversen, CEO,Crayon.

More on Distributor

'We're hostage to the environment' - Exertis MD on UK business challenges

'We're hostage to the environment' - Exertis MD on UK business challenges

Exertis saw a 'significant level' of supply constraints and reduced demand in the UK in the last financial year

clock 20 May 2022 • 3 min read
'Stop fishing from the same pool': Distology CEO's TEDx call to arms

'Stop fishing from the same pool': Distology CEO's TEDx call to arms

Doug Woodburn
clock 20 May 2022 • 1 min read
CRN reveals nominees for Women & Diversity in Channel Awards 2022

CRN reveals nominees for Women & Diversity in Channel Awards 2022

Deadline to submit questionaries is Friday 17 June, 5pm

Josh Budd
clock 18 May 2022 • 1 min read

Highlights

Staff & Salaries 2022

Staff & Salaries 2022

A snapshot of pay and headcount trends in the UK channel

Doug Woodburn
clock 09 March 2022 • 1 min read
Midwich CEO on Nimans acquisition, 2021 results and return to pre-pandemic levels

Midwich CEO on Nimans acquisition, 2021 results and return to pre-pandemic levels

Stephen Fenby talks to CRN after Midwich’s 2021 results in which profitability exceeded pre-pandemic levels

Josh Budd
clock 08 March 2022 • 3 min read
4 more vendors suspend sales in Russia following Ukraine invasion

4 more vendors suspend sales in Russia following Ukraine invasion

IBM and Microsoft are among a number of vendors which have also announced that they will halt sales in Russia following the invasion of Ukraine.

Dan Bennett
clock 08 March 2022 • 3 min read