Tomra Reports 20% Revenue Growth as Reverse Vending Sales Increase

Tomra Systems, the Norwegian recycling technology company, reported a 20% increase in third-quarter 2026 revenue to approximately $410 million, up from $343 million a year earlier, driven by growth across its collection, recycling and food divisions including stronger sales of reverse vending machines. The company's Collection division, which supplies reverse vending machines and beverage container recovery systems, grew revenue 21% to roughly $243 million. Tomra now has more than 91,900 reverse vending machine installations across over 60 markets, with its equipment collecting more than 53 billion used bottles and cans annually. Revenue in established markets rose 19% to about $216 million, including a $9 million contribution from CLYNK, the U.S. container collection business acquired in 2025, while newer markets grew to approximately $26.9 million from $19 million on deliveries to Poland, Singapore and Romania. A greater share of reverse vending machine sales pushed the division's gross margin down to 40.8% from 42.3%, but collection operating earnings still climbed to about $40.3 million from $32.5 million. Tomra's Recycling division posted 34% revenue growth and its Food division grew 13%. For operators and suppliers, the results underline how deposit return schemes keep driving equipment demand: Tomra is supplying about 1,350 machines for Quebec's recycling system expansion, is participating in Singapore's deposit network launched in April, and expects initial U.K. installations as early as late 2026 ahead of the deposit return system starting in October 2027. Source: Vending Times — https://www.vendingtimes.com/news/tomra-reports-20-revenue-growth-as-reverse-vending-sales-increase/