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Tove Andersen

President & CEO, Tomra

Search every verified Tove Andersen interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. In April 2025, Andersen participated in a seminar titled "Hva nå Europa?" where she discussed how Tomra, a Norwegian recycling and sorting technology company, is adapting to trade barriers and the risk of a trade war. She noted that Tomra has set targets to grow 15% annually over roughly five years, aiming to double in size, improve its margin to 18%, and maintain a return on capital employed above 18%, while continuing to pay dividends and remain investment grade. She also mentioned the company has signed the Science Based Targets initiative and set goals related to carbon emissions. In a December 2024 welcome message to new colleagues at c-trace, Andersen described Tomra's operating model as a "strategic family builder," meaning it operates as a family of independent businesses with significant autonomy. She stated that Tomra's vision is to "lead the resource revolution" and "enable a world without waste," and emphasized the company's values of innovation, passion, and responsibility. She expressed that she has never regretted joining Tomra and highlighted opportunities for collaboration across the company's customer base, geographical footprint, and capabilities in digital solutions and AI.

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