OB:TOMMachinery
Assessing Tomra Systems (OB:TOM) Valuation After Recycling Division Cost Cuts And Margin Recovery Plan
Tomra Systems (OB:TOM) has drawn fresh attention after its recycling division announced a cost reduction program targeting annual gross savings of €16 million, including about 175 full-time job cuts, to lift profitability.
See our latest analysis for Tomra Systems.
The cost program and recent dividend proposal sit against a mixed performance picture, with the share price at NOK134.0, a 90 day share price return of 10.38% but a 1 year total shareholder return decline of 19.56%, suggesting...