Tomra Systems rises on UK order for reverse vending machines

Tomra Systems ASA

19/05/2026 11:08

** Shares in Tomra Systems TOM.OL rise 4.5% after the Norwegian recycling technology maker on Monday received a letter of intent to supply reverse vending machines in the UK

** Tomra is to deliver about 2,700 reverse vending machines to an international retail chain the UK in 2027

** Arctic Securities analyst Halvor Aasen Dybdahl points to the LOI as the driver of the share move, saying "it de-risks both market share and timeline" in the UK

    ** SpareBank1 Markets analyst Thomas Dowling Naess estimates in a note that the deal corresponds to a potential contract value of 55 million euros ($64 million)

** Tomra shares are down 26.5% YTD

($1 = 0.8608 euros)

(Reporting by Vera Dvorakova)

((vera.dvorakova@thomsonreuters.com))