Orkla wants to be one of the foremost players in alternative proteins in Europe
Orkla’s goal is to become one of Europe’s leading competitors in the alternative proteins space before 2030. That is why the Group is now establishing Orkla Alternative Proteins (OAP) as a separate business unit.
“We are just at the beginning of a massive shift towards alternative protein sources. For Orkla, alternative proteins is an important priority area that offers major growth opportunit
Orkla reports strong profit growth
Orkla’s operating profit (EBIT adj.) increased by 13.5% to NOK 1,297 million in the first quarter. Operating profit for Branded Consumer Goods, including Headquarters, rose by 9.5%.
Group operating revenues amounted to NOK 11,503 million, on a par with the first quarter of 2020. Organic growth for Branded Consumer Goods was 0.5%, compared with a very good first quarter last year.
How Orkla contributes to sustainable development
Orkla’s Annual and Sustainability Report for 2020 has now been published.
Continued improvement for Orkla
Orkla increased operating revenues by 5.0% to NOK 12,622 million in the fourth quarter. Operating profit (EBIT adj.) amounted to NOK 1,573 million, an improvement of 3.8%.
For the full year, Orkla increased operating revenues by 8.1% to NOK 47,137 million. Operating profit (EBIT adj.) showed a rise of 7.9% in 2020, totalling NOK 5,492 million. At year end, the Group had 18,110 employees an
Orkla one of the world’s most sustainable companies
Orkla is listed in the Corporate Knights Global 100 index of the world’s most sustainable companies, which was presented at the World Economic Forum on 25 January.
The index is a ranking of the 100 most sustainable companies in the world, based on an analysis of a total of 8,080 companies. Orkla is one of two Norwegian companies on the list.
“We are proud and pleased that Orkla is one of tw
Orkla kaller tilbake et mindre parti grønn Zalo Oppvask & Kjøkkenspray
Orkla Home & Personal Care har besluttet å kalle tilbake et mindre parti med grønn Zalo Oppvask & Kjøkkenspray på grunn av et kvalitetsavvik.
- Vi ønsker ikke å ha produkter på markedet som avviker fra våre strenge kvalitetskrav. Vi kan ikke utelukke at det her forekommer en bakterievekst som kan forårsake ubehag hos noen, selv om dette er svært lite sannsynlig. Derfor har vi valgt å ka
Changes made in Orkla’s Group Executive Board
President and CEO Jaan Ivar Semlitsch has made several changes in Orkla’s Group Executive Board.
Orkla among the best in the world for climate change leadership
One step up from last year and a top score. The investor initiative CDP ranks Orkla among the best listed companies when it comes to climate change leadership.
A total of 9,526 companies around the world responded to CDP’s climate change questionnaire. Orkla was awarded the top score of A, which places it among the 270 best companies. That is a cut above last year’s rating when Orkla scored A-.
Orkla on Dow Jones’ top sustainability index
Orkla has been recognised as one of the three leading food companies in Europe by S&P Dow Jones Indices. For the tenth year in a row, Orkla is included in the prestigious Dow Jones Sustainability Index Europe.
“The index covers a broad range of environmental, social and governance criteria and has been useful to us in comparing our own performance to that of other similar companies. It is v
Research project: Can cod liver oil prevent Covid-19?
Researchers at Oslo University Hospital have indications that cod liver oil may reduce the risk of COVID-19 infection, but is it because cod liver oil prevents COVID-19 disease or are there other factors associated with persons who take cod liver oil that place them at lower risk?This question will now be investigated in greater depth in what will be one of the largest clinical studies ever conduc
Broad-based growth for Orkla
Orkla’s operating profit (EBIT adj.) increased by 8.8% in the third quarter to NOK 1,571 million. Operating revenues rose 9.5% to NOK 11,909 million.
Orkla’s profit before tax amounted to NOK 1,706 million, an improvement of 33.7%. Adjusted earnings per share increased by 23.7% to NOK 1.46.
The Branded Consumer Goods business, including Headquarters, posted a 15.2% improvement in operating p
Strong growth for Orkla’s brands
Merkevarevirksomheten, inkludert hovedkontoret, hadde fremgang i driftsresultatet på 16 %. Fremgangen skyldes blant annet kostnadsreduserende tiltak knyttet til koronapandemien, produktivitetsforbedringer og positive valutaomregningseffekter.
Fire av fem forretningsområder hadde markant fremgang i driftsresultatet i 2. kvartal, sammenlignet med samme periode i 2019: Orkla Consumer Investments (