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  • Orkla’s portfolio companies report profit improvement

    Orkla’s portfolio companies report profit improvement

    Orkla’s consolidated portfolio companies increased operating profit EBIT (adj.) for the fourth quarter by 17% to NOK 1.6 billion.
    The improvement is due to cost reduction measures, positive currency translation effects, price increases and structural growth.
    The contribution from associates to Orkla’s profit rose in the fourth quarter by 153% to NOK 372 million. This was mainly the contribut