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Tomra Systems ASA (TOM.OL)

TOM.OL on Oslo Stock Exchange

193.20NOK
21 Sep 2018
Change (% chg)

kr10.60 (+5.81%)
Prev Close
kr182.60
Open
kr184.20
Day's High
kr194.60
Day's Low
kr183.40
Volume
1,027,328
Avg. Vol
173,809
52-wk High
kr194.60
52-wk Low
kr108.50

Latest Key Developments (Source: Significant Developments)

Tomra Enters Agreement With Queensland Scheme Operator Container Exchange
Thursday, 2 Aug 2018 

Aug 2 (Reuters) - TOMRA SYSTEMS ASA ::TOMRA: MINOR ROLE IN QUEENSLAND CONTAINER DEPOSIT SCHEME.CONTRACT LENGTH IS 5 YEARS.ENTERED INTO AN AGREEMENT WITH QUEENSLAND SCHEME OPERATOR CONTAINER EXCHANGE FOR OPERATION OF 10 COLLECTION REFUND POINTS.LIKE NEW SOUTH WALES SYSTEM, DEPOSIT IS 0.10 AUD..  Full Article

Tomra Q2 EBITA of NOK 307 mln
Thursday, 19 Jul 2018 

July 19 (Reuters) - Tomra Systems ASA ::TOMRA Q2: ANOTHER SOLID QUARTER WITH CONTINUED GOOD MOMENTU.Q2 REVENUE NOK 2.13 BILLION VERSUS NOK 1.97 BILLION YEAR AGO.Q2 EBITA NOK 307 MILLION VERSUS NOK 306 MILLION.GROSS MARGIN WAS 43% IN QUARTER, A SLIGHT INCREASE FROM 42% IN Q2 2017.OPERATING EXPENSES ENDED AT 609 MNOK IN Q2, UP FROM 528 MNOK IN Q2 LAST YEAR.EBITA WAS 307 MNOK IN Q2 2018 VERSUS 306 MNOK IN Q2 2017..  Full Article

Tomra Systems ‍Partners With SKM Recycling
Thursday, 11 Jan 2018 

Jan 11 (Reuters) - TOMRA SYSTEMS ASA ::‍ANNOUNCES PARTNERSHIP WITH SKM RECYCLING HEADQUARTERED IN LAVERTON NORTH, VICTORIA, AUSTRALIA​.  Full Article

Tomra CFO: German replacements unlikely to pass 3,000 in 2017
Monday, 23 Oct 2017 

Oct 23 (Reuters) - Tomra Systems Asa :Tomra CFO Espen Gundersen says German sale unlikely to pass 3,000 collection machines in 2017.Tomra's German replacement guidance is for 2,700-3,700 machines per year.  Full Article

Tomra's New South Wales revenues may hit AUD 50 mln per year
Monday, 23 Oct 2017 

Oct 23 (Reuters) - Tomra Systems Asa :CEO Stefan Randstrand says revenue from New South Wales collection machines could reach annual run rate of AUD 50 million ($39.11 million) in about 2 years' time.  Full Article

Tomra Systems Q3 EBITA at NOK 303 million
Monday, 23 Oct 2017 

Oct 23 (Reuters) - TOMRA SYSTEMS ASA ::Q3 REVENUE NOK ‍1.86​ BILLION (REUTERS POLL NOK 1.90 BILLION).Q3 EBITA NOK ‍303​ MILLION (REUTERS POLL NOK 313 MILLION).  Full Article

Tomra CEO says to boost European sales of Compac
Wednesday, 12 Oct 2016 

Tomra Systems Asa : Tomra CEO Stefan Randstrand told a conference call: expects to boost European sales of Compac Holding by $10-20 million after acquisition . CEO says expects annual cost synergies of $2-3 million from Compac Holding acquisition . CEO: "It will take some time...these are the kinds of synergies we see in the first assessment." . Tomra earlier on Wednesday announced the acquisition of the New Zealand firm [nFWN1CH13Q] Further company coverage: [TOM.OL] (Reporting By Ole Petter Skonnord) ((terje.solsvik@thomsonreuters.com;)).  Full Article

Norway's Tomra to buy New Zealand's Compac for up to NZD 300 mln
Wednesday, 12 Oct 2016 

Tomra Systems Asa : Acquires New Zealand sorting machine manufacturer Compac Holding Ltd for NZD 70 million ($50.11 million), free of cash and interest bearing debt . To pay the purchase price in cash, and the transaction will be financed through existing drawing rights . In addition to the initial purchase price, the sellers are entitled to an earn-out linked to the combined EBIT for the period July 2016 to June 2019 . The earn-out is capped at NZD 230m, which is reached at a combined EBIT for the three years' period of NZD 84m . If the combined EBIT during the period is below NZD 20m, no additional earn-out will be paid (somewhat dependent upon the distribution of EBIT between the three years) . will also provide an interim funding to Compac of NZD 10m. This is to be deducted from the purchase price at closing . Closing of transaction is expected to take place during 1q 2017 subject to approval by new zealand overseas investment office . With year-end in June 2016, Compac generated an EBITDA of NZD 3 million on total revenue of NZD 152 million . Compac is a New Zealand-based provider of post-harvest solutions and services to the global fresh produce industry. The company designs, manufactures, sells and services packhouse automation systems that sort fresh produce based on weight, size, shape, colour, surface blemishes and internal quality.  Full Article

BUZZ-Tomra shares hit 17-year high as EU proposes more bottle collection

** Tomra shares jump 8.2 pct as EU proposes requirement for member countries to collect 90 pct of single-use plastic drink bottles by 2025