Brief: Tomra Says Had Better Recycling And Food Margins In Q1, Sees Cost Inflation Will Continue

Tomra Systems ASA

28/04/2023 06:11

April 28 (Reuters) - Tomra Systems ASA  TOM.OL :
    * TOMRA SYSTEMS ASA OUTLOOK 2023: COST INFLATION WILL
CONTINUE TO
BE A PRESSURE POINT
    * TOMRA SYSTEMS ASA OUTLOOK 2023: CONTINUED PRICING ACTIONS
AND
COST MEASURES ARE EXPECTED TO HAVE AN EFFECT TO MITIGATE SUPPLY
CHAIN AND INFLATION EFFECTS
    * STRONG GROWTH ACROSS ALL DIVISIONS IN THE FIRST QUARTER
2023
    * OUR EFFORTS TO MITIGATE EFFECTS OF INFLATION AND SUPPLY
CHAIN
DISRUPTIONS IN ORDER TO IMPROVE GROSS MARGINS ARE PAYING OFF
    * WE HAVE RECUPERATED MARGINS IN RECYCLING AND FOOD AND SEE
CONTINUED IMPROVEMENT IN COLLECTION


Source text for Eikon:  ID: 
Further company coverage:  TOM.OL 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;;))