Q2 2019 Tomra Systems ASA Earnings Presentation Transcript

Jul 19, 2019 / 06:00AM GMT
Presentation
Jul 19, 2019 / 06:00AM GMT

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Corporate Participants
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* Elisabet V. Sandnes
Tomra Systems ASA - Senior VP & Head of Group Strategy
* Espen Gundersen
Tomra Systems ASA - Deputy CEO & CFO
* Stefan Ranstrand
Tomra Systems ASA - President & CEO

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Stefan Ranstrand - Tomra Systems ASA - President & CEO

Good morning, ladies and gentlemen. My name is Stefan Ranstrand. I'm here today to present the second quarter result of TOMRA Group together with Espen, our CFO, and Bing from AR -- IR. In the sum, it's a solid quarter. We are ending up as expected with a good growth of 9% revenue and an earnings improvement of 19 -- 15%. So all in all, in line with what we have expected in that regard.

Collection Solutions. We see continuously that the solutions which we actually developed in the beginning of 1972 today have become a quite sizable business. The demand herefore is increasing all the time. Collection technologies are very efficient

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