TOMRA: 3Q 2022 - Record high revenues, growth in order intake and order backlog
TOMRA ended third quarter 2022 with all-time-high revenues and continued growth in comparable currencies. Both order intake and order backlog have increased in third quarter 2022 compared to the same period last year, driven by strong performance in Recycling. Revenues in the third quarter 2022 amounted to 3,156 MNOK compared to 2,883 MNOK in third quarter last year. Currency adjusted revenues were up 6% for TOMRA Group. At division level, currency adjusted revenues were up 1% in Collection, up 34% in Recycling, and flat in Food. Gross margin was 41% in third quarter 2022, down from