TOMRA Q3: Preparing for Introduction of Deposit in NSW and All-Time High Sorting Order Intake
(WorldNews Norway)

Revenues in the third of quarter 2017 amounted to 1,855 MNOK compared to 1,715 MNOK in the third of quarter 2016. This represents an increase of 8%. Adjusted for acquisitions, revenues were unchanged for TOMRA Group. The gross contribution margin was 43% in the quarter, unchanged from the third quarter of 2016. Somewhat improved margins in TOMRA Collection Solutions offset slightly lower margins in TOMRA Sorting Solutions. The Group reported operating expenses of 496 MNOK in the third quarter, up from 408 MNOK in the third quarter of last year. This represents an increase of 4% adjusted for currency and acquisitions, mainly driven by costs relating to the ramp-up of the new Container Deposit...