Tomra stock gains 3.05 percent ahead of October results
Published on 10/06/2026 at 15:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Tomra stock (ISIN NO0012470089) was trading at NOK 94.60 on the Oslo Stock Exchange on October 6, 2026, up 3.05 percent from the previous close. The company is heading toward its Q3 2026 report on October 23, according to the Tomra investor relations calendar. The combination of a near-term reporting date and strong second-quarter growth gives the stock a clear checkpoint.
Q2 revenue reached EUR 405 million
In Q2 2026, Tomra generated total revenue of EUR 405 million, up 25 percent from Q2 2025, while EBITDA rose 30 percent to EUR 57 million, according to Yahoo Finance. Operating momentum was concentrated in the Collection division, where revenue reached EUR 246 million, an increase of 45 percent year over year.
The result was not uniform across the business. Recycling revenue declined 11 percent to EUR 51 million, but its quarterly order intake increased 40 percent to EUR 58 million, giving the division a measurable improvement in incoming business despite weaker demand in parts of the market.
Poland drives growth and margin pressure
Tomra attributed the Collection increase to record reverse-vending-machine installations in Poland and contributions from Portugal, Singapore and Romania, as described in the Yahoo Finance transcript of the July 17, 2026 presentation. Collection gross margin was 38.6 percent, down 3.2 percentage points from Q2 2025 because equipment sales in new markets changed the business mix.
Management also gave a second-half Collection revenue range of EUR 400 million to EUR 440 million and said gross margin should rise above 40 percent in the second half. For investors, that makes the October report important for testing whether the Polish installation surge can translate into recurring service revenue without keeping margins under pressure.
Analyst target remains above NOK 127
The published analyst consensus on Investing.com is Strong Buy, based on six analysts, with an average 12-month target of NOK 127.70. The same table lists six Buy ratings, zero Hold ratings and zero Sell ratings, while the highest target is NOK 140.00, according to Investing.com.
The gap between the market and the consensus depends on the exact quote time, but the underlying comparison is clear: the average target of NOK 127.70 stands above the October 6 trading price of NOK 94.60. That gap reflects expectations for continued deposit-return expansion, while the Q2 margin decline and the weaker Recycling division remain important counterweights.
October reporting date sets the next test
Tomra's next quarterly report is scheduled for October 23, 2026. The company also plans a capital markets update on November 25, 2026, according to the Q2 presentation published by Yahoo Finance.
Tomra stock facts
- Company: Tomra Systems ASA
- ISIN: NO0012470089
- Ticker: TOM
- Trading venue: Oslo Stock Exchange
- Price (as of October 6, 2026, 3:14 p.m. CEST): NOK 94.60
- Market capitalization: NOK 28.0 billion (as of October 6, 2026)
- 52-week range: NOK 89.80-149
- Sector / Industry: Industrials / Machinery, Tools, Heavy Vehicles, Trains and Ships
Upcoming dates for Tomra stock
- October 23, 2026: Q3 2026 quarterly report
- November 25, 2026: Capital markets update
