Brief: Tomra Systems Q3 EBITA At NOK 454 Million

Tomra Systems ASA

21/10/2022 06:49

Oct 21 (Reuters) - Tomra Systems ASA  TOM.OL :
    * Q3 EBITA NOK 454 MILLION VERSUS NOK 515 MILLION SEEN IN
COMPANY
CONSENSUS
    * Q3 REVENUES NOK 3,156 MILLION VERSUS NOK 3,230 MILLION
SEEN IN
COMPANY CONSENSUS
    * ORDER INTAKE AND ORDER BACKLOG HAVE INCREASED IN Q3 2022
COMPARED TO SAME PERIOD LAST YEAR, DRIVEN BY STRONG PERFORMANCE
IN RECYCLING
    * OUTLOOK 2022: ON CURRENCY: TOMRA WILL IN GENERAL BENEFIT 
FROM A
WEAK NOK, PARTICULARLY AGAINST EUR AND USD
    * OUTLOOK 2022: COST INFLATION WILL CONTINUE TO BE A
PRESSURE
POINT
    * OUTLOOK 2022: ON FOOD: GOOD DEMAND SIGNALS DESPITE TOUGHER
ECONOMIC BACKDROP
    * OUTLOOK 2022: ON FOOD: NEED FOR AUTOMATION CREATES
OPPORTUNITIES
MID AND LONG TERM
    * OUTLOOK 2022: ON RECYCLING: DEMAND FOR RECYCLED MATERIALS
IS
EXPECTED TO CREATE OPPORTUNITIES

Source text for Eikon:  ID:nWkr57qJTb 
Further company coverage:  TOM.OL 
 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))