Nordic Business Report-April 20, 2006-Tomra Systems ASA reports Q1 operating profit of NOK123m
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The Norwegian recycling and reverse vending machines manufacturer Tomra Systems ASA issued its first quarter report on Wednesday (19 April), posting an operating profit of NOK123m, as compared to NOK5m in the first quarter of 2005.
The increase reflects improved performance in all business areas.
Revenues amounted to NOK822m, up by 63% compared to NOK504m in the first quarter last year.
One Norwegian krone (NOK) is worth approximately 0.08 British pounds (GBP).
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