It was a good quarter. It's a pity to have this hiccup. It was actually the best quarter ever when it came to revenues, which were ending at NOK 2.7 billion, which was an up 4% for the growth after currency adjustments, spearheaded by Collection Solutions. Really a strong performance and, if I may say so, a good ending of this difficult year with the pandemic. Also, the earnings came in strong. That partly helped with the revenue growth by solid gross margins, predominantly driven by improvements in Collection and good operating expenses or cost control. Earnings, EBITDA, moved from NOK 408 million up to NOK 505 million. On the operating side, I'd like to say I'm very pleased with how the entire team of TOMRA has managed this. We have had a difficult period.
We had significant reduction in activities in the beginning of the second quarter last year, actually starting in the first quarter, but then really culminating in the second quarter. We have had challenges to travel, we have had challenges to be together, to operate, and a lot of people have been forced to work from home offices. The whole culture, the whole spirit to keep this alive and continue operating to serve our customers, to make sure we could produce machines in time, is something I don't know how to describe. It's just almost like, if I may use the word miracle, that is what comes to operating expenses, we have, of course, spend. We have had a hiring freeze. We have held back on investments, but we have not blocked the long-term strategic initiatives.
We have all the way seen that the pandemic is a temporary event, a temporary challenge. We do believe that our core strategies when it comes to building a circular economy, when it comes to equipping countries to support DRS systems, when it comes to sorting plastic, metals, and digging out minerals, or when it comes to sorting, grading food, we see that the demand is going to be coming back and is critical for the society development going forward. Therefore, we have been very cautious in holding back on tactical expenses that we could do without harming the long -term. Also catering for that, we have maintained a workforce in place so that we have these people which we will need when we see the acceleration coming back, because we are convinced there will be an acceleration.
Just wanted to emphasize a little bit on that area where I think it's worked well, the whole attitude, the whole planning, the whole response to managing cost in this period. Some cost came automatically down, like traveling, like marketing, like exhibitions. All in all, it was a balancing effect that the whole team had to support and they have done so wonderfully. Also, great cash flow, all-time high, ending at NOK 890 million, up from NOK 600 million last year. That's all in all good. The area we have been a bit worried about in the last year was definitely the order intake, both in Recycling and in Food, different dynamics. I will talk more about them later. We saw towards the end of the year for both divisions an uptick.
Really in the fourth quarter, towards the end of that, we could see an improved momentum and there are signs that the situation is improving, and that's obviously very important going forward. The Board of Directors at the latest board meeting have recommended a dividend of NOK 3 per share, which will then be decided on the Annual General Meeting. With that, on the next page, I'd like to talk a little bit deeper about Collection Solutions. Inside of this graph here, you can really see the collection activities, number of objects being collected, bottles and cans, throughout the entire 2020, and comparing that then with 2019. You can clearly see in the end of first quarter and in the beginning of second quarter, or to large degree in the second quarter, we had major disruption.
If you look at the light blue curve there, which represents North America, you could see we have a significant dent there, almost down 50% at its worst. Also Australia, lighter down, quicker recovery, but also there, a disruption. Europe, you can also see here, has been trading fairly flattish throughout the period, so no disruption. We know this with these effects behind, because every item being collected is registered in our machines online and instantly. We had this access to data all the time. This is our cockpit, so to say, to see what's happening out there. Europe was really stable here throughout the year.
If I look into the quarter, Europe was also strong towards end of the year, both due to high activities in Northern Europe, where we also launched a new technology, R1, where you don't need to feed every object one by one, but you can empty a whole container or bag into the collection zone there. Higher speed, higher convenience. It's been extremely well-perceived, and we have launched that successfully now in a number of stores in Northern Europe. We will continue going into other markets with that, of course. We also had good development in Central Europe, driven partly in Holland by the deposit expansion there. I will come back to that shortly. Also German market was strong. All in all, Europe, good in the quarter, good in the year, and very stable situation.
North America, as I said before, first, second quarter, as you can see on the graph, back to normal, very stable, and very pleased with that. Australia, very much the same. We have a slight growth there since the systems are fairly new. In general, we can label that as stable business. Business as usual. As you can see, as of the third and the fourth quarter, absolutely stable, and that's very reassuring for us since also especially Collection makes out about 50% of the TOMRA Group. Let me talk quickly on the right side of this page here, the new deposit markets. It's quite a pleasure for TOMRA people to look at what's ahead of us. Never, ever in the history have we had so many new markets coming alive in such a short period of time.
Hopefully, that is also a reassurance, a confirmation of that, the European deposit legislation is starting to take effect, and we see momentum. First out is the Netherlands. Already mid-next year, we will have expansion of the existing systems, where we will have small bottles, plastic bottles being included in the system. That will drive activities in the beginning of the year here. End of next year, we will also have cans included in the system. That will be exciting. Netherlands will now see, over quite a long period of time, high activity levels, I assume. Slovakia will introduce a deposit legislation as of January 2022. That's moving on here now. The same with Latvia, February 2022, and then Scotland, July 2022.
Within rather short period of time, we can here with big confidence talk about four new markets for Collection Solutions and DRS legislations. If I move to the next page, I will talk about Recycling and Mining. Here we are dealing with end customers, like waste management, like plastic upgrading or recycling of plastic or metal companies. We also have a small business in the mining sector. The industry has been partly challenged last year, especially the Metal Recycling and Mining. As metal demand has been lower, commodity prices have been volatile, at least. They have climbed up a bit later in the year, but they have been volatile. The whole sentiment for investment in Metal and Mining was slow all the way, and just we started seeing a recovery in metals towards end of the year.
Waste sorting and plastic recycling, however, has been solid throughout the year, and that actually made some two-third out of the business. As you can see on this orange outer layer there, that indicates the size of that business in our portfolio. That's the biggest lion's share of the portfolio, and that has been more solid. We do see some changes here, also driven by more demand for circular economy, higher legislation pushes for caring for waste. We see, as a result of that, we also see larger projects emerging. That in itself also leads to somewhat longer planning times, more complex operations, more equipments coming in. Not only TOMRA equipment, of course, but also other equipments like washers, conveyors, separators, et cetera. We see that effect, which in the long term will be positive because TOMRA is excellently positioned.
We have strong technology which covers all the needs. We have good ecosystem partners. We have the right references. We have a lot of know-how, and we have a lot of capable people supporting our customers in this regard. We see this kind of shift towards larger orders. We see the time delays, much driven by the fact that people cannot come together. All in all, the business sentiment has remained strong in that. You can partly also see evidence for that on the right side of this picture. If you look at the price level for recycled PET compared to virgin PET, you can see that the light blue line here demonstrates that recycled PET has a significantly higher market price than virgin PET.
That indicates the demand for recycled PET, predominantly driven, of course, by the bottle industry, who want to create new bottles out of recycled PET. A lot of that material, of course, coming also from the reverse vending machines, remains strong. Also there you can see that the overall price has moved down, less dramatic reduction than for virgin PET, but also here a reduction. A certain investment instability for our customers in that regard. If I look then into very important areas at the bottom right corner here, we have the two important legislations to talk about here. I start with the European Union Plastic Tax Directive, which is going live January 2021, so it's live now.
It says that you have to pay a levy of EUR 800 per ton for using virgin plastic if you are not using recycled plastic in plastic packaging material. If you go up and look at the price levels up there, where you can see that virgin PET is trading just somewhere EUR 800, EUR 900 per ton, you can see that this levy is really impactful. It's basically doubling the price for virgin PET if you use that compared to recycled plastic. Of course, that will have big impact on the industry, will drive the whole concept of circular economy, which by the way is intentioned by the European Union really to create the Green Deal here and starting to treat resources as the resources they are and not as waste and making full value, full use out of them.
Good to see is also that United Kingdom. is going in the same way. They will, as of April 2022, also introduce a similar levy. Lower, though, it's GBP 200 per ton, but also that is of course a significant signal here, and that applies if there is less than 30% recycled content in the material. Again, we should anticipate investments to come in this sector to respond to these new legislations. If I go to the next page, I would like to talk a little bit about the Food business. We are proud being number one in the world in food sorting and grading. We are servicing both the sector, what we call Processed Food, and the sector called Fresh Food. For your information, there is only one company set up this way, that is TOMRA in the entire industry.
In the year, as we have reported before, Processed Food was challenged. They are to a large degree servicing sectors, hotels, restaurants, et cetera, that has been dramatically affected by the COVID situation. A lot of closedown of restaurants, hotels, et cetera, has challenged this industry dramatically throughout the year. The Fresh business, and you can see they are more or less half-half in size, has been very solid, supported by home consumption, supported that people actually have more money to buy high-quality food, whilst they don't spend so much in the food services. That business has been strong on a global level throughout the year. We start seeing some signs of recovery in the Processed Food now.
Fresh remains on a good momentum, but luckily, the Processed Food sector, our customers there are seeing a recovery as they have learned to adapt to the new conditions and as some Processed Food activities, like in the service sector, also are starting to reactivate. I would like to talk about two areas here today. One is the potato sorting, which is actually our biggest activity in the Processed Food area, where we say that we have a market share globally about 35%-40%. It's an important category for us, and we have seen now a strong development in order intake in the fourth quarter, and we have signals that this sector is starting to revitalize and come up again. Another important sector for us is nuts and dried fruit sorting, where we're also global number one.
We have here a global estimated market share of 30%-35%, so it's the second largest of our categories. Here we have seen also good recovery in fourth quarter order intake. It was low in the earlier parts of the year, I hope these two areas can signal to you that we are of the belief that there is a certain improvement in the market ahead of us. If I then turn to the next page. This is an illustration of something really exciting. As you know, TOMRA has shaped up what we call Circular Economy division. We have handpicked some of the absolute best experts within the TOMRA group to form this division. It's really to work throughout the value chain, finding solutions where neither Collection or Sorting by themself would go after, because they are bridging where we are combining the technologies together.
We have now recently opened up the facility in Germany at this place called Zimmermann. Together with Borealis, we have created a state-of-the-art demonstration facility. This has a capacity of about 10,000 tons per year. What we want to do with this one is that we want to demonstrate to brand owners, to customers, that we can produce high quality and high volume plastics beyond PET. PET is fairly well-established today, but we have so many other fractions. PET only makes out some 10% of the overall plastic packaging as a share. Polyethylene, polypropylene, PVC, PUR, PS, and other plastics are making up the rest. They, we of course also want to address and create a closed -loop circular economy system for, like we have done for PET.
This facility is capable of taking post-consumer waste, do pre-sorting of that, washing, flake sorting, compounding, and delivering raw material for production of new goods. This is really exciting. Our intention is really to attract brand owners to this facility, take post-consumer or household waste, run it through, and have dialogues with them to see that we can demonstrate that we can meet their specification, their needs, and also how we can work on them, how we can scale up to get the right quantity and enabling them then to transform into circular economy. This is exactly what the brand owners want to do, but exactly what they have been missing in order to do this transformation.
We are really excited about this investment, and we will follow through, and I hope we'll come back to you also with some really interesting stories down the line, or down in time, because this is really a significant signal from TOMRA that we are serious about becoming a leader and leading the industry in creating circular economies. At the very far right on that page, you can also see that we have now successfully already tested recycling of polystyrene for food contact. Actually, in this case, for yogurt containers. We have been able now to prove that we can produce that product. It's medically hygienically tested. It is having the right properties from a functional point of view, and it can be used now as we speak for delivering yogurt in a sustainable packaging way to the world.
With that, I have come to the end of my presentation. I would like to hand over to Espen to go through the numbers with you. Again, I apologize for the little hiccup in the beginning. That was entirely my mistake.
Thank you, Stefan. If you go on, we don't get the echo, so there we are. Perfect. Looking at currencies on slide nine, as always, this quarter not a very big effect on the P&L side as the euro and the dollar is going different ways. That said, looking at the Food division, we have some headwind with more dollar revenues, and as the dollar is also weakening towards the euro, that creates some headwinds. Going to the next page on the consolidated figures for the group. As Stefan said, we are 4% up ending the quarter of NOK 2 billion, 742 million. It's Collection that's the driver here, which is actually up 10% in the quarter. We report strong gross margin improvement. Both Collection and GRM are improving.
With good cost control, where we have actually down on the operating expenses, down to NOK 716 from NOK 726 currency adjusted. We have an all-time high EBITDA of NOK 505 and also an EBITA margin of 18.4%, which is above our long-term financial targets. Since this is also the year-end report, a quick look at the consolidated figures for the year. It's a strange year in many ways. We have two and a half months without COVID and then 9.5 Months with COVID. It's good to see that overall we have a resilient business, and we actually managed to end up flat versus last year on top line.
It's actually TOMRA Food that, measured on the yearly basis, is improving, offsetting some of the shortfall in Recycling and Mining when it comes to the top-line revenue development. Margin is stable, not only on group level, but also down on the division level. Good cost control. Cost is actually down currency adjusted, after cost increases in first quarter, the measures and initiatives we took have taken down the cost for the consecutive three quarters. We are proud to present 2020, which on bottom line is actually better than last year. Also when you adjust for currencies. That's an achievement in our opinion. Moving to Collection Solutions. Strong, actually all-time high performance in Northern Europe, which is really our home markets in the Nordic region and the Baltic region. As Stefan mentioned, R1 has been well-received, is in the contributor in this region.
Rest of Europe, the Netherlands is starting to have an impact preparing for the 1st of July this year. Also Germany has had a good development. On the margin sides, good margins, 42% driven by partly volume but also mix and cost control on the 1% up on the OpEx line brings us to NOK 296 and 21% EBITA margin. For the year, Northern Europe or Europe in general is offsetting the somewhat slower development in North America. We are consequently currency adjusted flat on top line in Collection. North America, as you know, we are hit by lockdowns in second quarter and we lost volume in that region, which explains why we also are below on a yearly basis. Margin has been stable, 41%, operating expenses slightly down, ending the year on NOK 881 on EBITA line.
If you look at the next page, you see the Recycling and Mining figures. It's the first time you see them. This has been a journey all the way back from 2004 when we acquired TiTech. That was the start of the Sorting segment. Then we went to Commodas in 2006 and then ProSort in 2008. All those key acquisitions were in the Recycling and Mining space. All the way up in 2010, TOMRA Sorting was Recycling and Mining. As you know, Odenberg were acquired in 2011, BEST Sorting in 2012, and then the Compac and BBC Technologies in New Zealand in the later years. All those four acquisitions were into the Food space. Through this journey, the Food business, through acquisitions and organic growth, has become a bigger unit, at least revenue-wise, compared to Recycling and Mining.
Because of the size and to get the right focus, it was decided to split this internally. Michel Picandet was appointed as Head of TOMRA Food from the beginning of 2020, Volker Rehrmann for continuing the position of Head of TOMRA Recycling, and also the Circular Economy division. Reflecting how we look at our organization internally and providing more transparency made us decide to just split the figures. Now you see them. It's been also sent out through stock exchange release Friday morning. The figures for the last two years, broken down on quarters and geographies for those that's interesting to have somewhat more information about how does the performance looks on division level. Looking at the fourth quarter in total, TOMRA Food and TRM came in good. We indicate the conversion ratio 80%-85%, we came in at 84.5%, high in the range.
Of this, NOK 438 million is stemming from Recycling and Mining. 54% gross contribution or margin is a very strong margin driven by mix effects. Also here, OpEx under control and NOK 102 million of EBITA is 23% EBITA margin. For the year, we are down. COVID has an influence here, and Metal and Mining segments in particular have a slower development, again, as Stefan pointed out. The margin development has been good, also 54% for the year, and the costs have been under control, even though this unit is absorbing the circular economy investments, which in total comprise NOK 50 million this year, up from NOK 9 million last year. Significant costs has been absorbed in these very important initiatives that we are organized under circular economy units.
After the COVID hitters, we have been somewhat lower on the order intake, and also this quarter we came in at NOK 364 compared to NOK 428 the comparable quarter last year. Therefore also the order backlog has gone down somewhat, and we are now more or less back on the level we were one year ago at NOK 552 compared to NOK 561 at the end of 2019. If you go on to the Food financials, as you see, Americas is the most important region for Food. It's also differences between the segments, very Processed Foods or the Fresh Food is still doing better than the processed part. NOK 878 million on top line is slightly down from last year. The margins are stable at 44%. Good cost control also here. Cost is down to NOK 54 on OpEx, brings us to NOK 132 on the 15% EBITDA margin for the quarter.
For the full year, we have actually managed to increase activity despite the challenges and the year over slightly above NOK 3.3 billion on top line. Slight improvement in gross margins and good cost controls makes the EBITDA margin increasing from 9% last year, currency adjusted to 11% this quarter. The order intake is picking up after two weaker quarters. We are happy to see that we are now at 865 and almost back on the level we were before COVID, which was 905. Consequently also, we see a small uptick in the order backlog, which is 918 compared to 891 on the same quarter last year. The conversion ratio, meaning the assumed orders to be taken to P&L or the revenues in the upcoming quarter compared to the current backlog, is 70%, seven zero percent. For GRM, the same figure is 60%, six zero percent.
As always, it's not intended to be guiding. This is just for those that want to model us on a quarter basis, giving you indication on how this quarter turned out. Next page, the balance sheet and the cash flow. We have a rather strong balance sheet. Dollar has increase 6%. The euro increased 6% and the dollar 3% measured from the end of 2020 versus end of 2019. Consequently, the balance sheet has grown somewhat because of currency. If we adjust for that and look at the separate line items, you will see that we have a positive development on the working capital, particularly inventory is down. The net currency adjusted assets part of the working capital is down, and in particular, the accounts payable part on the reported non-interest-bearing liabilities is also significantly up.
Net working capital is now lower, significantly lower than it was in third quarter and also lower than it was one year ago. That is also reflected in the cash flow from operation. As you can see on the graph, we have a very strong fourth quarter. We always have strong second half years, but this has been exceptional in that respect. Happy to see cash flow from operation of NOK 890 million in fourth quarter. Close to 50% equity gearing of 0.9 or 0.5 if you take out IFRS 16. TOMRA is committed to provide a steady dividend, and the policy says 40%-60% of the earnings per share. The board has decided to suggest a dividend of NOK 3, which is up from NOK 2.75, and is high in the range because it's equal to 57% of our reported EPS.
Looking at the financial position, we are also here in a good shape. In December, we established a new EUR 150 million credit facility, three plus one plus one year, replacing the facilities that was about to expire in second and fourth quarter this year. Now we have average debt maturity of three years and a very solid liquidity situation. We have unused credit lines is almost NOK 1.5 billion. The next slide is just for reference purposes, showing how the new segments is reconciling back to the old segment. I don't need to comment on that one. We have the outlook. Starting with TOMRA Collection. Overall, it's good momentum in TOMRA Collection. A lot of recurring revenue and a stable business in the bottom. Currently, the expansion in the Netherlands will have a positive impact, in particular in first and second quarter this year.
We will continue to carry ramp-up costs throughout 2019 and also throughout 2020. We have on average absorbed NOK 25 million on the OpEx. On top of the regular OpEx related to preparation for upcoming deposit systems. We see that will continue into first and second quarter this year also. Then it remains to see what it turn out to be for the second half and going into next year. With the projects in pipeline that Stefan mentioned, it's natural to believe that OpEx will increase due to more ramp-up related cost as we're approaching the start dates and assuming that we will get a role in these markets, for instance. For now, I think 25 is a good indication, at least for first and second quarter this year. When it comes to Recycling and Mining, the underlying momentum is there.
There are different segments and Mining and Metal is still down compared to previous years. The conversion ratio indicated 60%, and also with the strong comp figures in first quarter is indicating that first quarter will be down compared to first quarter last year. That's also the last quarter when we compare us against pre-COVID situation. This also was a strong comp figures. We have seen a lot of good underlying momentum in the segment and are a strong believer in the longer-term opportunities here. In the Food segment, we have indicated a conversion ratio of 70%, so consequently, first quarter will not be very different from first quarter last year if that kicks in as we assume. It's consequently a good start of the year because, again, we compare ourselves with pre-COVID figures.
Remember that for both the Food and the GRM business, the first quarter usually is lower than the other quarters. You see that also on historical figures when you go back and look at that. That's normal in this regard. I think that completes my part of the presentation, and we open up for questions on the web.
Thank you, Espen. The first question is from Kristian Spetalen from Arctic. "What drove the very strong 10% growth and 21% EBITDA margin in Collection? How much of revenues was driven by new demand versus business as usual markets?
Yeah, it was a strong quarter in Collection. When you say business as usual, well, the only thing that's not business as usual, maybe could say, is the Dutch expansion that's started to kick in. It's still a minor part of the total. Germany had some additional deliveries, more than usual. Besides that, everything is business as usual, there is not very much on top to point out there. The EBITDA margin is a consequence of higher volume in particular. That, as you know, additional volumes does not necessarily increase the OpEx, then the gross margin is hitting the bottom line.
Okay. Thank you. I will continue with the question also on new markets. "Any other markets we expect similar expansions as the Netherlands?" It is coming from Jørgen Bruaset of Nordea.
Netherlands is rather unique in this context because you have the only market where you have kind of deposit on some bottles. In Netherlands, it was the big plastic bottles, been like that for 20 years. It didn't have for the small bottles, neither the plastic nor the can. We do not have, to my knowledge, an example of this expansions coming. It's more that markets that, for practical reasons, are with all deposits or maybe just all refillable systems, that's going through flex deposits. Those in the near term, at least the most important one, was mentioned in Stefan's presentation.
The next question is about Food, also from Jørgen Bruaset from Nordea. "Food was highlighted as a key solid contributor in Q2 and Q3, but the Q4 numbers show negative year-over-year development. Can you provide some color on this? Also, any one-offs in the 2020 margin that we should be aware of, or does this represent a normalized level to expect forward?
Yeah. I think as a general comment, you would see fluctuations between quarters, and particularly when we now provide more granularity and has shown the Food figures separately and the TOMRA Recycling figures separately. We see that dependent upon timing of orders and installations, you would see some fluctuations that maybe was not that visible when reported this as a consolidated unit. I think it's been a good development in Food, both in second and third quarter, moving the challenges that COVID has created. We have been good in delivering orders that we have received. The order intake has been somewhat slower and consequently, we have seen a negative impact on the order intake. That is also the explanation why fourth quarter is lower than the comparable fourth quarter last year.
With the momentum we now see and the order intake we saw in fourth quarter, it's not given that it will be a trend going forward. We will have challenges both in Food and TRM related to the COVID situation until the world is completely normalized and traveling is easier, the fairs are opening and so on. That's the reality we are living in.
Thank you. We have one question about M&A from Tommi Saukkoriipi at SEB. Any further M&A opportunities, or is COVID and/or multiples putting a lid on it?
Stefan, maybe a question for you.
We feel that we have a strong portfolio in TOMRA, which is very suitable for the strategic ambitions we have. Having said that, we have a strong platform for organic growth, and that will remain our main focus going forward. There is no major changes on here. Having said this, we are continuously observing if we can complement our portfolio that goes in terms of technology, category served, geographical areas, or some kind of disruptive technologies. I would not rule out that we will do something. On the other hand, I would say that the majority of growth is to be expected to come from organic development in the following periods.
Thank you. The next question is about Food and Recycling and Mining. From Kristian Spetalen at Arctic, is there any difference on lag from order intake to revenue recognition in Food and Recycling and Mining, or is it three to nine months for both segments?
Yeah. If you look at the conversion ratio, you will see that TRM has a conversion ratio around 70%, and TOMRA Food is around 85%. That's if you calculate the average of the last eight quarters. Yes, there is a difference, and it takes somewhat more time to take the TRM orders into revenues than the Food. Maybe too detailed, but there is one snag here, and that's in Food, at least in Compac we use percentage of completion accounting because the orders and installations are rather big. That explains to some extent why Food has a higher percentage also, at least when you measure the book-to-bill ratio on backlog versus revenue. We take to income as we produce, so that influence the figures also. Adjusted for that, it probably will be closer to 70%, which is the TRM figure.
Thank you. The next question is a clarification question from Erik Tveterstad at Anaxco. Can you please repeat what you said about cost ramp-up in Sorting Solutions? Was it NOK 25 million per quarter in Q1 and Q2, and then remains to be seen for Q3 and Q4?
No, I didn't say that. There is no ramp-up in Sorting Solution. The ramp-up is related to Collection, and it is about new deposit markets opening up. Of course, TOMRA will always have future-oriented cost preparing ourselves for new activities. Since there are so many markets in parallel that are assumed to come in, particularly generated out of the Single-Use Plastics Directive in EU, we have to build an organization having people on the ground and also some central staff functions because we have to be prepared for this and can't do this when things start rolling . That is over and above the normal cost we are absorbing, and those costs is what we call ramp-up cost. It has been NOK 25 million per quarter or NOK 100 million per year, both for 2019 and 2020 and also the first two quarters of this year, around NOK 25 million per quarter.
As the new markets are coming closer, it's likely that this figure will increase as we have to further expand into new regions and hiring people before the time they do not generate revenue yet because the deposit systems are not up and running yet.
Thank you. We have one more question, perhaps the last question. It's about order intake. What was the organic order intake growth in Food and Recycling and Mining?
Yeah. It's a little difficult to calculate because there are different ways to do that, but you can assume it were around 20% down on TRM side, and it's only a few percentage down on the Food side.
Okay. I think that concludes the Q&A session. We have no other questions.
We would like to express our gratitude for your support and for your attendance, and I hope that by the next quarter, I will be more skilled in starting my presentation. Have a great day, and we look forward to talk to you continuously. Thank you and goodbye.
Goodbye.