I wonder what kind of Trojan horse Tomra just led through the gates ![]()
Interesting timing to put out a stock exchange release just a couple of days before the financial statement. Surely this could have been announced on Friday along with the results?
I guess this has to be taken as a “soft profit warning” ![]()
In short, it’s about job cuts in the Recycling business unit (approx. 175 jobs), aiming for 16 million euro annual savings and bringing the EBITA margin back above the 20% level by 2027.
There is definitely a need for this, as they have fallen quite short of targets and expectations regarding recycling, considering the kind of picture that was painted for the segment at the last CMD a couple of years ago!