TMRAY - Tomra Systems ASA (TMRAY) CEO Stefan Ranstrand on Q4 2020 Results - Earnings Call Transcript

Tomra Systems ASA (TMRAY) Q4 2020 Earnings Conference Call February 23, 2021 2:00 AM ET Company Participants Georgiana Radulescu - Director Investor Relations Stefan Ranstrand - President and CEO Espen Gundersen - Deputy CEO and CFO Presentation Stefan Ranstrand So it was a good quarter. So it's a pity to have this hiccup. It was actually the best quarter ever when it came to revenues, which were ending at NOK 2.7 billion, which was up 4% for the growth after currency adjustments, spearheaded by Collection Solutions. So really a strong performance. And if I may say so, a good ending of this difficult year with a pandemic. Also, the earnings came in strong. That partly helped with the revenue growth, by solid gross margins, predominantly driven by improvements in collection and good operating expenses or cost control. So earnings, EBITDA moved from NOK 408 million, up to NOK 505 million.

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Tomra Systems ASA (TMRAY) CEO Stefan Ranstrand on Q4 2020 Results - Earnings Call Transcript