TOMRA: 1Q 2022 - Continued growth, all time-high order backlog
TOMRA starts 2022 with a record high order backlog and continued quarter over quarter growth in comparable currencies. The order intake was up 16% and the demand signals are positive across all business segments. The delivery performance has been good, but supply chain shortages and inflation continue to add margin pressure. Revenues in first quarter 2022 amounted to 2,501 MNOK compared to 2,291 MNOK in first quarter last year. Currency adjusted revenues were up 10% for TOMRA Group. At division level, currency adjusted revenues were up 3% in TOMRA Collection, up 56% in TOMRA Recycling