Slide 1: 4th quarter 2025 results announcement
th 4 quarter 2025 results announcement TOMRA Systems ASA 13 February 2026 © TOMRA
Slide 2: Quarterly highlights
Quarterly highlights
Slide 3: Group highlights
Collection Record quarter with roll-out in Poland and Portugal starting Recycling Group Good quarter in a weak year with challenging markets highlights Food Strong quarter in a year with record strong EBITA and profitability
Slide 4: Collection Business update
Collection Business update • Good sales in existing markets, particularly Continental Europe • Installations in Poland and Portugal slowly picking up • TOMRA has been appointed Return Point Network Operator in Singapore • Increasing UK commercial activity with ongoing RFPs TOMRA S2 installed in Pola
Slide 5: Recycling Business update
Lower order backlog due to low order intake in 2025 Recycling Business update • Significant mid-to-long term potential unchanged • Weak market sentiment within plastics and waste Order backlog continues in North America and Europe EUR millions • Cost savings program initiated ✓ Target to restore pro
Slide 6: Food Business update
Food Business update • Positive momentum in order intake continues, led by Potatoes and Citrus • Strong order backlog with large projects to be delivered in 2026 • Exceeding our profitability target of 10-11% EBITA in 2025 • The new TOMRA 5S Blueberry revealed at Fruit Logistica , powe ed with OMRA’
Slide 7: Horizon Business update
TOMRA Feedstock Norwegian plant Områ official opening Horizon Business update • c-trace: Strong momentum with double digit growth and >20% EBITA margin • Reuse: Successful piloting of event solution at Fairground Festival in Hannover and Intility Arena in Oslo • Feedstock: Good start to Områ operati
Slide 8: Financials and outlook
mlarclalelrelis and outlook
Slide 9: Financial highlights
Revenues • Total revenue 382 MEUR (398 MEUR in 4Q 2024). Compared to 4Q 2024 revenues were: Down 4% for TOMRA Group Up 2% in Collection Down 27% in Recycling Down 3% in Food Gross margin • Gross margin 46% (46% in 4Q 2024) Operating expenses • Operating expenses (adj.) 105 MEUR (103 MEUR in 4Q 2024)
Slide 10: Group P&L Highlights
Revenues Group P&L Highlights [EUR millions] Colle on Gross margin [% of Revenues] Re ling ood Ope a ng e penses EBITA (and EBITA adj.) [EUR millions] Spe ial items * Restructuring one-off costs
Slide 11: Collection P&L Highlights
Revenues Collection P&L Highlights [EUR millions] o the n Eu ope Gross margin [% of Revenues] Eu ope (e o the n o th Ame i a Rest o the wo ld Ope a ng e penses EBITA [EUR millions]
Slide 12: Recycling P&L Highlights
Revenues [EUR millions] Recycling P&L Highlights Gross margin [EUR millions] Eu ope Ame i as Asia EBITA (and EBITA adj.) Rest o the wo ld [EUR millions] Ope a ng e penses Order intake Order backlog [EUR millions] [EUR millions] Spe ial items *Restructuring one-off costs
Slide 13: Food P&L Highlights
Revenues [EUR millions] Food P&L Highlights Gross margin [EUR millions] Eu ope Ame i as Asia EBITA (and EBITA adj.) Rest o the wo ld [EUR millions] Ope a ng e penses Order intake Order backlog [EUR millions] [EUR millions] Spe ial items *Restructuring one-off costs
Slide 14: Balance sheet and cash flow
Cashflow from operations Balance sheet and cash flow • 24 MEUR in 4Q 2025 (83 MEUR in 4Q 2024) Solidity and gearing • 35% equity ratio • NIBD/EBITDA (rolling 12 months) of 2.3x Cash flow from operations, YTD Intangi le non u ent assets [EUR millions] Range angi le non u ent assets inan ial non u ent
Slide 15: Financial position
Financial position Financing Capital structure EUR millions onds • Weighted average debt maturity of 4.2 years Undrawn awn edit a ili es • Maturity profile of bonds Capital nd awn edit a ili es includes green bonds of structure Low gearing and financial risk 360 MEUR and Eksfin financing of 40 MEUR
Slide 16: Outlook
• High activity related to new markets and growth in existing markets. • Quarterly performance will be dependent upon timing of new initiatives. Collection • Revenues in existing markets are generally expected to grow . mid-single digit annually on average. There are additional growth opportunities
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