Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
The latest announcement is out from Tomra Systems ASA ( (GB:0KV7) ).
TOMRA Systems ASA reported a strong financial performance in the first quarter of 2025, with a 5% increase in revenues to 306 million EUR. The Food division showed significant growth, achieving a record EBITA and a 16% rise in revenues, while the Collection and Recycling divisions experienced slight declines. The company anticipates high activity levels throughout the year, supported by a solid order backlog in Recycling and growing market activity in Collection.
More about Tomra Systems ASA
TOMRA Systems ASA is a global leader in sensor-based solutions aimed at enhancing resource productivity. The company focuses on automated identification, collection, grading, and sorting of resources to support circular economies and reduce waste. With approximately 113,700 installations in over 100 markets worldwide, TOMRA is committed to leading the resource revolution. The company is publicly listed on the Oslo Stock Exchange and reported total revenues of EUR 1,348 million in 2024.
Average Trading Volume: 321,659
Current Market Cap: NOK49.36B
For a thorough assessment of 0KV7 stock, go to TipRanks’ Stock Analysis page.