Tomra shares fall after mixed Q4 report

Tomra Systems ASA

13/02/2026 10:09

** Shares in Tomra TOM.OL fall around 8%, and are among worst performers on STOXX 600 .STOXX index, after the Norwegian recycling technology provider reported its Q4 print that was a miss on the revenue line but beat on profit

** Its quarterly revenue of EUR 382 million ($453.17 million) missed by 2%, driven mainly by softer-than-expected Collection segment, Jefferies says

** However, Tomra's adjusted EBITA of EUR 71 million exceeded consensus by 20%, driven by stronger‑than‑expected profitability in Recycling and Food, the broker adds

** Jefferies also notes that order intake remained mixed, with continued weakness in Recycling (‑20% y/y) alongside resilient Food demand (+2% y/y)

** Recycling revenues were down 27% year-on-year, with the market sentiment affected by a soft European plastics recycling market, trade tensions, and macroeconomic uncertainty, the group said in its report

** The above results in postponement of orders, lower activity and limited opportunity for growth in 2026, Tomra added

** If losses hold, Tomra shares are on track for their worst day since October 2025

($1 = 0.8430 euros)

 (Reporting by Elviira Luoma)

 ((Elviira.luoma@thomsonreuters.com))