Feb 24, 2023 / 07:00AM GMT
Georgiana Radulescu - Tomra Systems ASA - Director of IR
Good morning from Asker, Norway, and welcome to our quarterly results presentation. My name is Georgiana Radulescu, and I'm Head of Investor Relations. With me today, I have Tove Andersen, CEO; and Eva Sagemo, CFO, who will take you through the results. (Operator Instructions)
With those being said, I will give the word to Tove.
Tove Andersen - Tomra Systems ASA - President & CEO
Thank you, Georgiana, and welcome all to our fourth quarter 2022 presentation. Today, we present the 10th consecutive quarter with organic top line growth and the third consecutive quarter with all-time revenues -- all-time high revenues. Our revenues ended on NOK 3.477 million, that is up 7% the currency adjusted versus 2021. We actually had a record high revenues in all divisions this quarter. Collection ended up on 6%, Recycling 4% and Food up 9%.
Our gross margin for the quarter was 42.4%, that is 1.2% below same quarter 2021. But it shows also a positive trend versus third quarter this year. So it's up
Q4 2022 Tomra Systems ASA Earnings Call Transcript
Feb 24, 2023
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