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home / news releases / TMRAY - Tomra Systems ASA (TMRAY) CEO Stefan Ranstrand on Q3 2020 Results - Earnings Call Transcript

TMRAY - Tomra Systems ASA (TMRAY) CEO Stefan Ranstrand on Q3 2020 Results - Earnings Call Transcript

Tomra Systems ASA - ADR
Tomra Systems ASA (TMRAY) Q3 2020 Earnings Conference Call October 22, 2020 2:00 AM ET Company Participants Georgiana Radulescu - Director Investor Relations Stefan Ranstrand - President and CEO Espen Gundersen - Deputy CEO and CFO Conference Call Participants Presentation Stefan Ranstrand Good morning, ladies and gentlemen from Asker in Norway. My name is Stefan Ranstrand, I am the President and CEO of the TOMRA Group. Next to me is Espen Gundersen, our CFO. Today we are having the pleasure to report our Third Quarter 2020 Results. Highlights from the quarter: a strong quarter, the best ever both in terms of revenues and earnings. Our revenues for the Group grew with 3% and ended at NOK 2.6 billion. We had an increase in Sorting Solutions, and while a slight down in Collection Solutions, almost flat there. Improving gross margins, good control on operating expenses, together contributed to that earnings grow

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Tomra Systems ASA (TMRAY) CEO Stefan Ranstrand on Q3 2020 Results - Earnings Call Transcript
Stock Information
Company Name: Tomra Systems ASA - ADR
Stock Symbol: TMRAY
Market: OTC
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