Collection Technology - Deposit Solutions
Revenues in the segment equaled 426 MNOK in third
quarter 2007, a decrease of 34 percent versus last
year as a result of lower machine sales to
Germany.
The gross margin is about to come back to pre-
Germany levels, and was 45 percent in third
quarter. Operating profit decreased from 146 MNOK
in third quarter 2006 to 100 MNOK in 2007.
Material Handling
Revenues in the third quarter 2007 increased by 11
percent to 52.3 MUSD. The revenue increase
measured
in NOK was 2 percent or 301 million. The gross
margin in third quarter 2007 was 22%, down from
24%
last year. Operating profit in the quarter is flat
in USD, but down 3 million measured in NOK.
Industrial Processing Technology
Third quarter 2007 showed 128 MNOK in revenues, up
1 million from third quarter 2006. The limited
growth in the quarter was due to the timing of
some
large projects and a low order book at the start
of
the quarter. Last year`s third quarter operating
profit of 20 MNOK decreased to 14 MNOK in third
quarter 2007. Costs in the segment increased
because of higher activities within the
recognitions and sorting business, in preparation
for future growth.
Collection Technology - Non-Deposit Solutions
In the third quarter 2007 TOMRA booked 6 MNOK in
revenues in this segment compared to 0 MNOK in
2006. The loss in third quarter 2007 was 19 MNOK
compared to 10 MNOK third quarter 2006. Financial
performance is improving compared to second and
first quarter this year.
Asker, 16 October 2007
Tomra Systems ASA