TOMRA Systems — Earnings Release 2015

Jul 17, 2015

TOMRA: SECOND QUARTER 2015 RESULTS ANNOUNCEMENT

TOMRA: SECOND QUARTER 2015 RESULTS ANNOUNCEMENT

Strong performance in both business areas

All time high order intake of 646 MNOK in TOMRA Sorting, up from 502 MNOK same

period last year.

All time high order backlog of 851 MNOK in TOMRA Sorting, up from 822 MNOK at

the end of first quarter 2015.

Revenues of 1,472 MNOK (1,139 MNOK in second quarter 2014). Currency adjusted

revenues were:

- Up 16% for TOMRA Group

- Up 13% in TOMRA Collection

- Up 22% in TOMRA Sorting

Gross margin 42%, down from 43% in second quarter 2014

- Slightly down in TOMRA Collection

- Slightly up in TOMRA Sorting

EBITA of 240 MNOK (158 MNOK in second quarter 2014)

- Including 13 MNOK one-time cost in 2014

Cash flow from operations of 137 MNOK (136 MNOK in second quarter 2014)

TOMRA Collection Solutions

Revenues in the business area equaled 855 MNOK in the second quarter, up from

678 MNOK in second quarter last year. After adjustment for currency changes,

revenues were up 13%.

Gross margin was 41%, down from 42% same period last year, negatively influenced

by more lower-margin USD nominated revenues (Material recovery). Currency

adjusted gross margin was stable.

Operating expenses were up 6%, currency adjusted. EBITA was MNOK 164, up from

131 MNOK, due to higher revenues and positive currency impact.

TOMRA Sorting Solutions

Revenues in the quarter increased by 34% compared to same quarter in 2014.

Adjusted for currency effects, revenues were up 22%.

Gross margin increased from 44% in second quarter 2014 to 45% in second quarter

2015, mainly due to higher volumes.

EBITA increased from 34 MNOK in second quarter 2014 to 84 MNOK in second quarter

2015, driven by higher volumes, better gross margin and positive currency

effects.

"A strong quarter with all time high order intake in TOMRA Sorting and good

momentum TOMRA Collection Germany" comments Stefan Ranstrand, President/CEO.

Asker, 17 July 2015

TOMRA SYSTEMS ASA

For questions, please contact:

Deputy CEO/CFO Espen Gundersen: +47 66 79 92 42 / +47 97 68 73 01

Webcast link:

http://presenter.qbrick.com/?pguid=2a31aafb-db41-452b-8c8f-b87573666d88

We will open up for Q&A after the presentation and the recorded webcast will be

made available on our webpage www.tomra.com after broadcast is concluded.

TOMRA was founded on an innovation in 1972 that began with design, manufacturing

and sale of reverse vending machines (RVMs) for automated collection of used

beverage containers. Today TOMRA has ~85,000 installations in over 80 markets

worldwide and had total revenues of ~4.7 billion NOK in 2014. The Group employs

~2,400 globally, and is publicly listed on the Oslo Stock Exchange. (OSE: TOM)

The TOMRA Group continues to innovate and provide cutting-edge solutions for

optimal resource productivity within two main business areas: Collection

Solutions (reverse vending and material recovery) and Sorting Solutions

(recycling, mining and food sorting). For further information about TOMRA,

please see www.tomra.com