In response to challenging market developments over the past year, with reduced
customer investments within the recycling industry, TOMRA Recycling has today
informed its staff that it will initiate a cost reduction program. The
initiative is part of the division's plan to return its profitability back to an
EBITA margin of +20%, as announced at TOMRA's third quarter presentation in
2025.
The program targets gross savings of EUR 16 million in annual costs. Measures
include rightsizing the organization and optimizing the global footprint through
approximately 175 FTE reductions. The full benefit of the cost reductions is
expected in 2027. The program is estimated to incur one-off costs of
approximately EUR 15 million.
Further details will be presented in connection with TOMRA's fourth quarter
result presentation on Friday, 13 February 2026.
Asker, 11 February 2026
TOMRA Systems ASA
For further information, please contact:
Daniel Sundahl, Head of Investor Relations
Tel: +47 913 61 899
TOMRA develops solutions that enable circular economies and optimal resource
productivity through automated identification, collection, grading, and sorting
of resources. We optimize how resources are obtained, used, and reused - turning
waste into valuable resources. Our vision is to lead the resource revolution and
enable a world without waste.
TOMRA has approximately 113,700 installations in over 100 markets worldwide. The
Group had total revenues of EUR 1,348 million in 2024 and employs 5,300 people
globally. TOMRA Systems ASA is publicly listed on the Oslo Stock Exchange (OSE:
TOM). For further information about TOMRA, please visit www.TOMRA.com