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Orkla Confectionery & Snacks

Orkla Confectionery & Snacks’ turnover accounts for 17% of Orkla’s total operating revenues from its Branded Consumer Goods business.

Orkla Confectionery & Snacks is market leader in the confectionery, biscuits and snacks categories, offering wellknown local brands and tastes that delight consumers in the Nordic and Baltic regions. A total of 94% of the business area’s turnover is generated in the Nordic and Baltic markets. Norway is its largest single market.

Orkla Confectionery & Snacks further strengthened its position in Norway in 2016 through its pick-and-mix sweets agreement with the Coop grocery chain. In 2016, Orkla Confectionery & Snacks consolidated its market position with launches of chocolate products in Denmark and crispbread products in Norway. Additionally, its market position in Estonia was further strengthened by a number of jubilee launches to mark the 210th anniversary of Orkla’s oldest brand, Kalev. The distribution agreement with PepsiCo also entered into effect in 2016. Under the agreement, Orkla Confectionery & Snacks is responsible for the sale of Lay’s snack foods in Norway, Sweden and Finland.

  • The business area’s many popular brands include KiMs, Nidar, Göteborgs Kex, Sætre, OLW, Panda, Laima, Selga, Adazu and Kalev.
  • Companies in the business area: Orkla Confectionery & Snacks Norge, Orkla Confectionery & Snacks Sverige, Orkla Confectionery & Snacks Danmark, Orkla Confectionery & Snacks Finland, Orkla Confectionery & Snacks Latvija and Kalev in Estonia.

Facts

  • Operating revenues: 6.2 NOK billion
  • Organic growth1: 4.9%
  • EBIT (adj.)2: 0.9 NOK billion
  • EBIT (adj) margin: 15.0%
  • EBIT (adj.) growth: 11%
  • Number of employees: 3 084

1Adjusted for currency translation effects and structural changes.
2Operating profit before other income and expenses.

Source: Orkla ASA Annual Report 2016