TOMRA: 2Q 2022 - All-time high revenues, order intake, and order backlog
TOMRA ended the second quarter of 2022 with continued quarter over quarter growth and record high revenues. The order intake was all-time high, leading to a new record in the order backlog. Revenues in the second quarter 2022 amounted to 3,054 MNOK compared to 2,685 MNOK in second quarter last year. Currency adjusted revenues were up 10% for TOMRA Group. At division level, currency adjusted revenues were up 6% in Collection, up 25% in Recycling, and up 7% in Food. Gross margin was 42% in the second quarter 2022, down from 45% in the same period last year, with lower margins in