Tomra Systems ASA (TMRAY) Q1 2026 Earnings Call Transcript
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SA Transcripts159.44K FollowersFollow5ShareSaveCommentsFollow us on Google for the latest stock newsFollow Seeking Alpha on Google for the latest stock newsPlay Earnings CallPlay Earnings Call Tomra Systems ASA (TMRAY) Q1 2026 Earnings Call April 24, 2026 2:00 AM EDT Company Participants Daniel Sundahl - VP & Head of Investor RelationsTove Andersen - President & CEOEva Sagemo - Chief Financial Officer Conference Call Participants Morayo Adesina - Barclays Bank PLC, Research DivisionElliott Geoffrey Jones - Danske Bank A/S, Research DivisionDaniel Vårdal Haugland - ABG Sundal Collier Holding ASA, Research DivisionMarkus Heiberg - SEB, Research DivisionAdela Dashian - Jefferies LLC, Research Division Presentation Daniel SundahlVP & Head of Investor Relations Good morning, ladies and gentlemen, and welcome to TOMRA's First Quarter Results Presentation for 2026. My name is Daniel Sundahl. I'm Head of Investor Relations in TOMRA. We will, as usual, start today's presentation with CEO, Tove Andersen, giving you the highlights of the quarter, followed by a deep dive into the numbers from the CFO, Eva Sagemo. At the end of the presentation, we will take questions from participants in the Teams webinar. A link to the webinar can be found in this morning's stock exchange release. But without further ado, I give the word to Tove Andersen. Tove AndersenPresident & CEO Good morning, and welcome from me as well to our Q1 presentation 2026. We present today a quarter characterized by strong growth in Food and Collection, but with profitability impacted by short-term product mix effects in all segments and lower volumes in Recycling. However, the underlying developments in the quarter in all segments gives us confidence going forward that we are on the right track. Collection delivered record revenues due to deliveries in Poland and Portugal and growth in existing markets, however, with lower margins due to the higher share of RVM sales and the product margins in Poland. In Recycling, we continue to see low commercial activity, but progressing according to plan on the cost