Continued profit growth for Orkla
Orkla increased EBIT (adj.) for the first quarter by 10% to NOK 1.8 billion.
Orkla’s operating revenues rose by 2.3% to NOK 17.2 billion, despite slight volume/mix decline. Orkla achieved a profit before tax of NOK 2.2 billion in the quarter, up 28%, year over year.
Orkla’s consolidated portfolio companies (incl. Orkla ASA) increased underlying EBIT (adj.) for the first quarter by 7.6% to NO