Presentation of 3rd quarter 2020

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Presentation of 3rd quarter 2020

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  • 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

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