---
title: "Tomra Recycling: Cost-Cutting Restructuring Supports Profitability but Justifies Hold Rating Amid Execution Risks"
type: "News"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/news/275593133.md"
description: "Adela Dashian from Jefferies has maintained a Hold rating on Tomra Systems ASA, with a price target of NOK135.00. This rating reflects concerns over Tomra Recycling's cost-cutting program, which includes a workforce reduction of 175 roles and aims for annual savings of EUR 16m by 2027. While these measures are seen as necessary to restore profitability amid declining customer spending, the benefits are expected to materialize gradually, leading Dashian to adopt a cautious stance ahead of Q4 results on February 13."
datetime: "2026-02-11T10:55:48.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/275593133.md)
  - [en](https://longbridge.com/en/news/275593133.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/275593133.md)
---

> 支持的語言: [简体中文](https://longbridge.com/zh-CN/news/275593133.md) | [English](https://longbridge.com/en/news/275593133.md)


# Tomra Recycling: Cost-Cutting Restructuring Supports Profitability but Justifies Hold Rating Amid Execution Risks

In a report released today, Adela Dashian from Jefferies maintained a Hold rating on Tomra Systems ASA, with a price target of NOK135.00.

### Valentine's Day Sale - 70% Off

-   Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
-   Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential

Adela Dashian has given his Hold rating due to a combination of factors tied to Tomra Recycling’s newly announced cost-cutting program and its underlying challenges. The division plans to streamline operations worldwide, including a workforce reduction of about 175 full-time roles, aiming for annual savings of EUR 16m by 2027 while absorbing roughly EUR 15m in one-time restructuring charges.

Dashian views these measures as a necessary response to a prolonged slump in customer spending across the recycling sector and as a way to restore profitability rather than drive immediate growth. Management’s reiterated goal of lifting EBITA margins back above 20% suggests meaningful long-term earnings support, but the benefits will materialize gradually and depend on successful execution, leading her to maintain a balanced, Hold stance ahead of further detail expected with the Q4 results on February 13.

## 相關資訊與研究

- [Elliptic Labs Finalizes Share Capital Increase After NOK 60 Million Private Placement](https://longbridge.com/zh-HK/news/281176927.md)
- [ININ Group Continues Share Buyback Under NOK 6 Million Programme](https://longbridge.com/zh-HK/news/281063938.md)
- [A Look At P/F Bakkafrost (OB:BAKKA) Valuation After Q1 Production Update And Governance Proposals](https://longbridge.com/zh-HK/news/281668490.md)
- [Netel Wins Up to 300 MNOK Grid Contract With Norway’s Glitre Nett](https://longbridge.com/zh-HK/news/280979783.md)
- [Grieg Seafood Calls Extraordinary Meeting to Approve NOK 4 Billion Dividend](https://longbridge.com/zh-HK/news/280763459.md)