Tomra's Mixed Results Revealed: A Comprehensive Review
Tomra Systems, a leading machinery manufacturer (WKN: A3DHA0), recently reported its Q2 2025 financial results, showcasing a 2% overall decline in revenue to €325 million compared to the same period last year[1][2]. The company's performance was marked by a series of notable trends across its divisions.
In the Collection division, which encompasses reverse vending machines (RVMs), Tomra experienced a 12% drop in revenue to €169 million, compared to €193 million in Q2 2024[2][3]. This slowdown can be attributed to the phasing of new deposit return systems, despite strong preparatory activity for upcoming markets in Poland and Portugal[2][3].
Conversely, the Food division demonstrated strong performance, with a 15% increase in revenues to €94 million. This growth was fueled by improving market sentiment, resulting in a record high EBITA for the division[2][4].
The Recycling division delivered revenues that remained flat with the previous year’s second quarter at €57 million. However, the division was affected by macroeconomic and tariff uncertainties, causing a delay in customer investments[2][3].
Profitability remained steady, with net income increasing to €26 million from €23 million the year before, and EPS improving to €0.09 from €0.08[1].
Regarding Tomra's reverse vending machine business, the reported 12% decline in the Collection segment points to some challenges due to market timing and macroeconomic factors, despite future growth potential from new deposit schemes[3].
Comparatively, Envipco — a notable competitor in the reverse vending machine sector — did not provide recent financial or operational data for Q2 2025. However, industry reports frequently recognise both Tomra and Envipco as leading players in the reverse vending machine market.
In summary, Tomra's Q2 2025 results show mixed outcomes in reverse vending machines with a decline in sales, though the company remains optimistic about future growth driven by upcoming deposit schemes. Without up-to-date financials for Envipco, a direct comparative performance analysis for Q2 2025 is not available from current data[1][2][3][4].
Notably, the gross margin of Tomra remained stable at 44 percent in the second quarter. The "Collection" business, which includes Tomra's reverse vending systems, developed negatively in the second quarter of last year. However, the "Food" segment of Tomra grew by 15% to €94 million in the same quarter[1].
DER AKTIONÄR, a shareholder of Tomra, remains convinced of the company's story in the medium to long term. The stock of Tomra has experienced a rollercoaster ride, but the company's stock price has been on an upward trend following the release of its figures.
A conflict of interest note: The price of the financial instruments is derived from an index as the underlying, and the Börsenmedien AG has developed this index and holds the rights to it. The Börsenmedien AG has also concluded a cooperation agreement with Tomra's issuer, according to which it grants the issuer a license to use the index.
In the financial results of Tomra Systems, the technology sector, specifically the Collection division focused on reverse vending machines, showed a 12% decline in revenue compare to Q2 2024. On the other hand, the company's business expansion in the Food division demonstrates a significant 15% increase in revenue.
