Tomra Systems ASA (GB:0KV7) has released an update.
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Tomra Systems ASA reported a 6% increase in group revenues for Q3 2024, fueled by strong performances in their Collection and Food divisions, which saw revenue growth of 14% and 12% respectively. Despite a downturn in Recycling revenues, the company anticipates a rebound in the fourth quarter due to a record-high order backlog. The company’s EBITA rose 15%, highlighting its ongoing financial momentum.
For further insights into GB:0KV7 stock, check out TipRanks’ Stock Analysis page.
