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Tomra Systems ASA (TMRAY) Q3 2025 Earnings Call Transcript

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Tomra Systems ASA (OTCPK:TMRAY) Q3 2025 Earnings Call October 17, 2025 2:00 AM EDT

Company Participants

Daniel Sundahl – VP & Head of Investor Relations
Tove Andersen – President & CEO
Eva Sagemo – Chief Financial Officer

Conference Call Participants

Elliott Geoffrey Jones – Danske Bank A/S, Research Division
Fabian Jørgensen – Pareto Securities AS, Research Division
Adela Dashian – Jefferies LLC, Research Division
Daniel Vårdal Haugland – ABG Sundal Collier Holding ASA, Research Division

Presentation

Daniel Sundahl
VP & Head of Investor Relations

Good morning from us, dear ladies and gentlemen, and welcome to TOMRA’s Third Quarter Results Presentation for 2025. My name is Daniel Sundahl, and I’m Head of Investor Relations.

As always, CEO, Tove Andersen, will start today’s presentation by giving you the main highlights of the quarter. And afterwards, CFO, Eva Sagemo, will dive deeper into the numbers and present our updated outlook. At the end of the presentation, we will open up for Q&A for participants in the Teams webinar. A link to the Teams webinar can be found in this morning’s stock exchange release. We look to conclude this presentation at around a quarter to 9 today. And without further ado, I give the word to CEO, Tove Andersen.

Tove Andersen
President & CEO

Thank you, Daniel, and welcome from me as well to our Q3 presentation. The results in this quarter has been muted due to phasing of new deposit markets in collection and a continued weak market in recycling. Food, however, is continuing to perform in line with our expectations on both top line and bottom line.

And in addition, we see a strong momentum in orders in Food, which is positioning this division well for future growth. And despite the overall financial results being muted in the quarter, the activity level has been anything but that. And we are very

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