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Tomra Systems ASA remains a market leader in reverse vending and recycling, now trading at historically low P/E multiples after a notable post-1Q26 share price drop. The recent earnings miss in the recycling segment and a significant drop in order backlog have heightened investor concerns, but the core collection business continues to deliver. I maintain a 'Buy' rating with a revised price target of 150 NOK,…

Tomra Systems ASA (TMRAY) Q1 2026 Earnings Call Transcript