TOMRA Systems ASA Reports 2024 Financial Growth and Sustainability Initiatives

Story Highlights
  • TOMRA Systems ASA reported a 4.6% revenue growth in 2024, reaching EUR 1,348 million.
  • The company emphasizes sustainability with strong financial results and reduced greenhouse emissions.
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TOMRA Systems ASA Reports 2024 Financial Growth and Sustainability Initiatives

Tomra Systems ASA ( (GB:0KV7) ) just unveiled an announcement.

TOMRA Systems ASA has published its Annual Report for 2024, highlighting a revenue growth of 4.6% with total revenues reaching EUR 1,348 million. The report indicates strong financial performance with a net profit of EUR 103 million and a return on equity of 16.4%. The company continues to focus on sustainability, with a significant number of female employees and managers, and a commitment to reducing greenhouse gas emissions. This financial performance and sustainability focus reinforce TOMRA’s position as a leader in the resource productivity industry.

More about Tomra Systems ASA

TOMRA Systems ASA is a company that develops solutions for circular economies and resource productivity through automated identification, collection, grading, and sorting of resources. The company aims to optimize resource use and reuse, turning waste into valuable resources, and is publicly listed on the Oslo Stock Exchange. TOMRA operates in over 100 markets worldwide with approximately 113,700 installations and employs 5,300 people globally.

YTD Price Performance: 14.21%

Average Trading Volume: 16,269

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: NOK49.72B

See more data about 0KV7 stock on TipRanks’ Stock Analysis page.

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