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Expansion costs and baseline effect weigh on Tomra‘s third-quarter earnings

Titech supplies sorting equipment to Polish metals plant and UK MRF

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(N) – The Norwegian sorting technologies and reverse vending machine company Tomra Systems ASA saw earnings decline in the third quarter of 2012, as operating expenses rose and ordering in some segments slowed. According to the financial report released in mid-October, the company generated revenues of NOK1.101bn ...

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