May 07, 2019 / 06:00AM GMT
Presentation
May 07, 2019 / 06:00AM GMT
=====================
Corporate Participants
=====================
* Bing Zhao
* Espen Gundersen
Tomra Systems ASA - Deputy CEO & CFO
* Stefan Ranstrand
Tomra Systems ASA - President & CEO
=====================
Stefan Ranstrand - Tomra Systems ASA - President & CEO
Good morning, ladies and gentlemen, my name is Stefan Ranstrand. I'm presenting together with Espen Gundersen and Bing, TOMRA's First Quarter Results 2019, out of the Asker office in Norway.
The first quarter was a good quarter. We experienced continuous good market momentum and resulting in a revenues growth of 19%. The gross margins were slightly up, predominantly driven by the product mix and a strong recycling growth. We are continuing to investing in growth-related initiatives in both businesses, both Collection and in Sorting, resulting net operating expenses are increasing.
In the period, we are pleased to see growth in earnings, EBITDA of 46%. We have solid cash flow generation in the
Q1 2019 Tomra Systems ASA Earnings Presentation Transcript
May 07, 2019
Already have an account? Log in
Get the full story
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent 
4.6 out of 5 
Trustpilot
Trustpilot
Survey
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
Follow Us
Disclaimers