Tomra Systems ASA
XBER:TMR0
Tomra Systems ASA
In the lush landscape of the circular economy, Tomra Systems ASA stands as a pivotal player, weaving innovation with environmental responsibility. Born in the 1970s in Asker, Norway, the company initially set out to solve a simple yet pervasive problem: the management of returnable bottles. This led to the conception of reverse vending machines, a brilliant blend of engineering and environmentalism, which allows consumers to return used beverage containers for recycling with ease. Tomra revolutionized how societies handle waste, fostering a user-friendly system that captures a vast majority of empty bottles and cans, thereby reducing pollution and conserving raw materials.
Tomra Systems has since expanded its horizons beyond the reverse vending landscape, venturing into diverse sectors like waste sorting and food technology with an eye on sustainability. The core of Tomra's business model revolves around providing advanced sensor-based sorting systems. In the waste management sector, these systems identify and separate materials, ensuring optimal recycling and recovery. In agriculture, Tomra's technologies are employed to enhance food processing by offering precision sorting solutions—removing defects and foreign materials from produce, thus ensuring quality and reducing waste. This dual focus not only diversifies its revenue streams but also aligns with global sustainability goals, positioning Tomra as a unique intersection of profitability and environmental stewardship.
In the lush landscape of the circular economy, Tomra Systems ASA stands as a pivotal player, weaving innovation with environmental responsibility. Born in the 1970s in Asker, Norway, the company initially set out to solve a simple yet pervasive problem: the management of returnable bottles. This led to the conception of reverse vending machines, a brilliant blend of engineering and environmentalism, which allows consumers to return used beverage containers for recycling with ease. Tomra revolutionized how societies handle waste, fostering a user-friendly system that captures a vast majority of empty bottles and cans, thereby reducing pollution and conserving raw materials.
Tomra Systems has since expanded its horizons beyond the reverse vending landscape, venturing into diverse sectors like waste sorting and food technology with an eye on sustainability. The core of Tomra's business model revolves around providing advanced sensor-based sorting systems. In the waste management sector, these systems identify and separate materials, ensuring optimal recycling and recovery. In agriculture, Tomra's technologies are employed to enhance food processing by offering precision sorting solutions—removing defects and foreign materials from produce, thus ensuring quality and reducing waste. This dual focus not only diversifies its revenue streams but also aligns with global sustainability goals, positioning Tomra as a unique intersection of profitability and environmental stewardship.
Strong Q4 in Collection: TOMRA posted record revenue and EBITDA in its Collection division, driven by growth in Continental Europe and the ramp-up in Poland and Portugal.
Recycling Headwinds: The Recycling division saw revenue down 18% for 2025 due to weak market sentiment, especially in Europe and the Americas. Cost reduction measures are underway to restore profitability.
Food Segment Profitability: The Food division delivered its highest-ever profitability, with margin improvements from cost cuts and a favorable product mix.
Cost Actions: TOMRA is executing a EUR 16 million cost savings program in Recycling, aiming to achieve over 20% EBITA margin, with full effects expected in 2027.
2026 Guidance: Collection expects mid-single digit growth in existing markets and approximately EUR 100 million revenue from new markets (Poland, Portugal, Singapore); Food growth projected at mid- to high-single digits.
Order Backlogs: Food order backlog rose 26% YoY, while Recycling order intake and backlog remain weak.
Operational Leverage: Management highlighted efficiency initiatives and prudent OpEx increases, especially when entering new markets.
