Envipco's UK reverse vending orders reach 7,100 machines

Envipco's reverse vending machine revenue rose 17% to approximately $17 million in the third quarter, driven by increased North American sales, according to its Nov. 11 earnings release. Total revenue increased 18% to about $29.5 million, while service revenue grew 19% to approximately $12.5 million.

The Netherlands-based company said it had secured commitments for 7,100 reverse vending machines in the United Kingdom, which it expects to become its largest sales driver beginning in 2027. Those commitments include approximately 1,700 machines for a major retailer under an exclusive supply agreement announced Oct. 28. Deliveries under that agreement are scheduled to begin in the first quarter of 2027.

Envipco also has secured Romanian orders for 2027 delivery and is supplying machines in Portugal as European deposit return programs expand. Despite higher sales, the company reported an operating loss of approximately $3.4 million, compared with about $3 million a year earlier. It attributed pressure on margins partly to underused assembly capacity and investments in service teams for new markets.