Latest news

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

23 March 2023 09:09

Orkla’s Annual Report 2022

Orkla's Annual Report for 2022, which also comprises Orkla’s sustainability report, is published today.
The Annual Report is available on Orkla’s website: www.orkla.com/annualreport

27 October 2022 07:35

Orkla to become an industrial investment company

Orkla is to be transformed into a leading industrial investment company with a brands and consumer-oriented scope. Orkla will consist of 12 portfolio companies.
Orkla’s Board of Directors decided yesterday to establish a new corporate structure and management team.
“We want to establish a corporate structure and culture that creates greater value and entails greater autonomy and responsibili

27 October 2022 07:33

Profit growth for the Orkla group

Orkla’s operating revenues increased in the third quarter by 12% to NOK 14.8 billion. Operating profit EBIT (adj.) rose 30% to NOK 2,223 million. Group profit before tax amounted to NOK 2,245 million, an improvement of 29%. Hydro Power and Jotun both had strong top-line and profit growth.
Adjusted earnings per share for the third quarter were NOK 1.58, an increase of 15% from the same period in

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