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The latest announcement is out from Tomra Systems ASA ( (GB:0KV7) ).
Tomra Systems ASA has secured a letter of intent to supply about 2,700 reverse vending machines to a leading international retail chain in the United Kingdom. The machines, mainly a UK-specific version of Tomra’s S2 model, will be delivered primarily in 2027 under a sales and service arrangement.
The deal aligns with the planned launch of the UK Deposit Return Scheme across England, Scotland and Northern Ireland on 1 October 2027, designed to boost collection and recycling rates of single-use beverage containers and reduce litter. By working closely with UK retail customers ahead of this regulatory change, Tomra is positioning itself as a key infrastructure provider for the new system, reinforcing its role in the circular economy and supporting long-term demand for its reverse vending technology.
The most recent analyst rating on (GB:0KV7) stock is a Hold with a NOK105.00 price target. To see the full list of analyst forecasts on Tomra Systems ASA stock, see the GB:0KV7 Stock Forecast page.
More about Tomra Systems ASA
Tomra Systems ASA is a Norwegian technology company specializing in reverse vending machines that automate the collection of used beverage containers. The company focuses on deposit return systems and recycling infrastructure, supplying equipment and services to major retailers and markets implementing container-return schemes worldwide.
YTD Price Performance: -29.41%
Average Trading Volume: 1,086,731
Current Market Cap: NOK27.89B
See more data about 0KV7 stock on TipRanks’ Stock Analysis page.