At its capital market day in Mülheim-Kärlich on 23 June, Tomra presented plans to accelerate its advance to a sustainable future and to double sales within five years. The company is a leading manufacturer of sensor-based sorting systems for the food and pet food industry. A press release states that “the company’s strategy is based on speeding up growth in its three core fields and on the use of the current business platform to develop new business opportunities”.
Tomra’s strategy builds on organic growth in its core business, focusing on positioning for new stores operating reusable solutions, the use of technology to increase recycling, the expansion and optimisation of food sorting in various categories and regions and continuing investment in innovation and securing the resilience of the supply chain.
Based in Asker, Norway, Tomra is marking its 50th anniversary this year. It has reported sales of 1.05 bn euros and currently employs 4 600 people.