Slide 1: 3rd quarter 2025 results announcement
rd 3 quarter 2025 results announcement TOMRA Systems ASA 17 October 2025 © TOMRA
Slide 2: Quarterly highlights
Quarterly highlights
Slide 3: Group highlights
Collection Phasing of new markets impact quarterly revenues Recycling Group Weak market sentiment continues highlights Food Strong momentum in orders and improved profitability
Slide 4: Collection Business update
Collection Business update • Solid growth in existing markets • Commercial activity in Poland and Portugal continues, installations set to gradually pick up in 4Q 2025 and continue in 2026 • Acquisition of CLYNK "bag drop" collection solution in the U.S. Acquisition of CLYNK bag drop collection solu
Slide 5: Recycling Business update
Lower order backlog on low order intake Recycling Business update • Weak market sentiment continues in North America Order backlog and Europe EUR millions • Challenging market environment for waste sorting and plastics recycling • Measures to restore profitability have started • Mid-to-long term pot
Slide 6: Food Business update
Food Business update • Positive momentum in order intake continues • Record high order backlog with large projects to be delivered in 2026 • Launch of TOMRA 4C with AI solution LUCAi, designed for enhanced sorting of nuts and frozen vegetables The new TOMRA 4C Record high order backlog Order backlog
Slide 7: TOMRA Feedstock Horizon Business update
TOMRA Feedstock Norwegian plant Områ in operations Horizon Business update • c-trace: Strong momentum • Reuse: successful piloting of event solution, roll-out of city solution to commence in Lisbon • Feedstock: Områ transitioning well into operations TOMRA Reuse Piloting of TOMRA Reuse Commencement
Slide 8: Financials and outlook
mlarclalelrelis and outlook
Slide 9: Financial highlights
Revenues • Total revenue 306 MEUR (326 MEUR in 3Q 2024). Compared to 3Q 2024 revenues were: Down 6% for TOMRA Group Down 5% in Collection Down 32% in Recycling Down 2% in Food Gross margin • Gross margin 44% (43% in 3Q 2024) Operating expenses • Operating expenses (adj.) 104 MEUR (97 MEUR in 3Q 2024
Slide 10: Group P&L Highlights
Revenues Group P&L Highlights [EUR millions] C lle n Gross margin [% of Revenues] Re ling e a ng e enses EBITA (and EBITA adj.) [EUR millions] S e ial items * Food restructuring one-off costs
Slide 11: Collection P&L Highlights
Revenues Collection P&L Highlights [EUR millions] t e nE e Gross margin [% of Revenues] E e (e t en t me i a Rest t ew l e a ng e enses EBITA [EUR millions]
Slide 12: Recycling P&L Highlights
Revenues [EUR millions] Recycling P&L Highlights Gross margin [EUR millions] E e me i as sia EBITA Rest t ew l [EUR millions] e a ng e enses Order intake Order backlog [EUR millions] [EUR millions]
Slide 13: Food P&L Highlights
Revenues [EUR millions] Food P&L Highlights Gross margin [EUR millions] E e me i as sia EBITA (and EBITA adj.) Rest t ew l [EUR millions] e a ng e enses Order intake Order backlog [EUR millions] [EUR millions] S e ial items *Food restructuring one-off costs
Slide 14: Balance sheet and cash flow
Cashflow from operations Balance sheet and cash flow • 64 MEUR in 3Q 2025 (99 MEUR in 3Q 2024) Solidity and gearing • 33% equity ratio • NIBD/EBITDA (rolling 12 months) of 2.2x Cash flow from operations, YTD ntangi le n n ent assets [EUR millions] Range angi le n n ent assets inan ial n n ent assets
Slide 15: Financial position
Financial position Financing Capital structure EUR millions • 40 MEUR in bridge loan to fund acquisition of CLYNK in Q3 n s an t e l ans • RCF of 150 MEUR running until Capital n awn e it a ili es December 2027 structure Low gearing and financial risk Undrawn • Weighted average debt maturity awn e i
Slide 16: Outlook
• High activity related to new markets and growth in existing markets. Collection • Quarterly performance will be dependent upon timing of new . initiatives. • Growth prospects in 2025 depend on Poland and Portugal. • Regulation and demand for recycled materials is expected to create growth opportun
Slide 17: Copyright and Disclaimer
Copyright The material in this Document (which may be a presentation, video, brochure or other material), hereafter called Document , including copy, photographs, drawings and other images, remains the property of TOMRA Systems ASA or third-party contributors where appropriate. No part of this Docum
Slide 18: www.tomra.com
www.tomra.com