Latest news

14 July 2023 07:16

Continued improvement for Orkla

Orkla’s operating revenues increased by 20% to NOK 17.1 billion in the second quarter. 11 of Orkla’s 12 portfolio companies reported profit improvement. Adjusted earnings per share rose by 17% to NOK 1.55 for the second quarter.
Orkla’s consolidated portfolio companies increased operating profit EBIT (adj.) by 29% to NOK 1.6 billion in the second quarter. All portfolio companies in Orkla had go

23 June 2023 08:03

New Board of Directors at Orkla Confectionery & Snacks

A new Board of Directors has been appointed today at Orkla Confectionery & Snacks (OCS). Orkla’s EVP & Investment Executive Audun Stensvold will serve as Board Chair. He will be joined on the Board by two external Board members, Thomas A. Bittinger and Gro Krigsvoll.
The Board of Directors of OCS will also comprise SVP Marte Kaarbø Mathisen from Orkla’s investment team, as well as two e

8 June 2023 12:00

Vicky Philemon new CEO in Orkla House Care

Vicky Philemon is appointed as the new CEO of Orkla’s portfolio company Orkla House Care.

The Board of Directors of Orkla House Care has hired Vicky Philemon as the new CEO. She succeeds Johannes Arbo Høeg who steps down from the role as CEO after 7 years.
Vicky joins from the position of SVP & Managing Director Europe for the American company Masonite, which she has held since

9 May 2023 07:11

Profit improvement for Orkla

Orkla had a solid improvement in both profit and revenues in the first quarter. Profit before tax amounted to NOK 1.7 billion, a year-over-year increase of 12%. Operating profit EBIT (adj.) rose by 5% to NOK 1.6 billion. The group’s first-quarter operating revenues totalled NOK 16.2 billion, equivalent to 22% growth.

Orkla’s Branded Consumer Goods business increased its operating revenues

9 May 2023 07:01

External Board Chairman in Orkla Foods Europe

Xavier Belison and Kjersti Hobøl have been appointed as chairman and member, respectively, of the Board of Directors of Orkla Foods Europe.
On 1 March, Orkla ASA was established as an investment company with 12 autonomous portfolio companies. Some of the companies – such as Orkla Foods Europe – will have external Board members.
Xavier Belison was appointed today as Chairman of the Board of

20 April 2023 15:00

Arne B. Corneliussen acquires Norstamp

Arne B. Corneliussen AS (“ABC”) has signed and completed an agreement to acquire Norstamp AS (“Norstamp”) from Stormbull AS. Norstamp delivers labelling and packaging solutions to the Norwegian market.
ABC, an Orkla Food Ingredients subsidiary, has agreed to purchase 100% of the shares in Norstamp.
Norstamp, which will remain an independent operation after the acquisition, is a well-establis

29 March 2023 16:51

Isabelle Ducellier new CEO of Orkla Health

Isabelle Ducellier has been appointed CEO of Orkla portfolio company Orkla Health.
Orkla Health's Board of Directors has appointed Isabelle Ducellier (54) as new CEO. She succeeds Hege Holter Brekke, who was appointed EVP & Investment Executive in Orkla ASA on 1 March 2023, in connection with Orkla transforming to an investment company and Orkla Health being established as one of 12 new por

Contacts

Kari Westersund

Press contact SVP Communications kari.westersund@orkla.no +47 92 85 61 92

Håkon Mageli

Press contact Group Director, Corporate Communications & Corporate Affairs hakon.mageli@orkla.no + 47 928 45 828

Dag Olav Stokken

Press contact SVP Communication dag.olav.stokken@orkla.no