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Tomra Systems ASA ( (GB:0KV7) ) has provided an update.
TOMRA Systems ASA has acquired the remaining 20% of Tomra Collection Australia Pty Ltd, a subsidiary within the TOMRA Group, for AUD 94 million. This acquisition, financed through existing liquidity facilities, is expected to reduce TOMRA Group’s equity by EUR 11 million, potentially impacting its financial structure and market positioning.
The most recent analyst rating on (GB:0KV7) stock is a Hold with a NOK155.00 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 global leader in developing solutions for circular economies and resource productivity. The company specializes in automated identification, collection, grading, and sorting of resources, aiming to transform waste into valuable resources. With approximately 113,700 installations in over 100 markets worldwide, TOMRA reported total revenues of EUR 1,348 million in 2024 and employs 5,300 people globally. TOMRA is publicly listed on the Oslo Stock Exchange.
Average Trading Volume: 382,521
Current Market Cap: NOK41.91B
See more insights into 0KV7 stock on TipRanks’ Stock Analysis page.