Orkla’s Branded Consumer Goods business achieved 8.1% growth in operating revenues and increased operating profit by 12.1%. Organic turnover growth was 2.0%.
“Orkla finished 2019 with a good quarter in which we achieved improvement in both sales and profit. It is encouraging to see that we have strengthened our performance compared to a weak fourth quarter in 2018. In Branded Consumer Goods the
The investor initiative CDP ranks Orkla among the best listed companies when it comes to climate change leadership. Orkla has reduced its greenhouse gas emissions by over 50% in the last five years*.
In 2019, 8 400 of the world’s largest companies reported on their climate performance to CDP. Orkla is one of 10 Norwegian companies ranked at the very top, scoring an A-. This means that the compa
Orkla is backing a global campaign aimed at mobilising business and industry to set climate targets aligned with the 1.5ºC target.
Orkla’s operating profit (EBIT adj.) increased by 7% in the third quarter to a total of NOK 1,444 million. Operating revenues also rose by 7%, to NOK 10,880 million. President and CEO Ivar Semlitsch has initiated a project to strengthen Orkla’s competitiveness.
Orkla will report its third quarter 2019 results on Thursday, 24 October at 7.00 a.m. CET. The quarterly report and the presentation material will be available at this time at www.orkla.com.
CEO Jaan Ivar Semlitsch is making changes to Orkla’s Group Executive Board and group structure. Orkla Consumer & Financial Investments will become a new business area within Orkla. A separate group function is to be given responsibility for mergers and acquisitions (M&A) and strategy development.
Orkla House Care has completed an agreement to take over the remaining 50% of the shares in the joint venture company Anza Verimex Holding. Since 2018, Orkla House Care has owned 50% of the company which is market leader in the sale and distribution of painting tools in the Netherlands and Belgium.
Through a brand-new collaboration with clothing giant Zalando, Pierre Robert is expanding parts of its portfolio in Europe.
Pierre Robert is focusing on digital clothing sales, selling all its products on its own website, through the online shop Villoid, and now also Zalando.
“We have entered into a partnership with Zalando. This means that we will sell our products on its marketplace, and
Recycling more plastics is crucial to solving climate challenges. Orkla now supports a new European plastics declaration aimed at helping to achieve this goal.
Today, the joint European initiative, the Circular Plastics Alliance, launched its vision of increasing plastics recycling in Europe. Orkla is one of the companies that has pledged to contribute to this effort, along with several other i
Orkla has again been included in the Dow Jones Sustainability Index Europe, which ranks companies according to their performance on environmental issues and social responsibility.
“We see that Orkla’s sustainability efforts are becoming more and more important in creating growth and building trust. Being included in one of the world’s most highly regarded sustainability indices is a major ackno
Vegetarian pizza, climate-friendly meals, tempting chocolate flavours and detergents in environmentally friendly packaging are among this autumn’s many new products from Orkla.
The Governance Group consultancy and BI Norwegian Business School have reviewed and ranked the sustainability reporting of the hundred largest companies on the Oslo Stock Exchange. Orkla placed third in the ranking.
Orkla ASA is a leading industrial investment company. Its scope of activity is brands and consumer-oriented companies. At present, Orkla has 11 portfolio companies.
Orkla has a long-term, industrial approach to its portfolio companies. We invest in companies where we can contribute to further value creation through our industry expertise, consumer insight and experience in building leading brands.
Orkla ASA is listed on the Oslo Stock Exchange.
