Brief: Tomra Recycling To Begin Cost Reduction Program

Tomra Systems ASA

11/02/2026 09:24

Feb 11 (Reuters) - Tomra Systems ASA TOM.OL:

TOMRA RECYCLING ANNOUNCES COST REDUCTION PROGRAM

INITIATIVE IS PART OF DIVISION'S PLAN TO RETURN ITS PROFITABILITY BACK TO AN EBITA MARGIN OF +20%

PROGRAM TARGETS GROSS SAVINGS OF EUR 16 MILLION IN ANNUAL COSTS

FULL BENEFIT OF COST REDUCTIONS IS EXPECTED IN 2027

PROGRAM IS ESTIMATED TO INCUR ONE-OFF COSTS OF APPROXIMATELY EUR 15 MILLION.

MEASURES INCLUDE RIGHTSIZING ORGANIZATION AND OPTIMIZING GLOBAL FOOTPRINT THROUGH APPROXIMATELY 175 FTE REDUCTIONS

Source text: ID:nWkr27lVP9

Further company coverage: TOM.OL

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