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Orkla Confectionery & Snacks

Six branded consumer goods companies make up the Orkla Confectionery & Snacks business area, which accounts for 17% of Orkla’s total sales revenues. The companies are market leaders in confectionery, biscuits and snacks, with well-known local brands and tastes that delight consumers in the Nordic region and the Baltics. Well-established brands include KiMs, Nidar, Göteborgs Kex, Sætre, OLW, Panda, Laima, Selga, Adazu and Kalev.

In 2015, Orkla completed its acquisition of NP Foods in Latvia with strong local brands, thereby significantly strengthening its presence in the Baltics. To increase its competitiveness, Orkla combined its Latvian companies NP Foods and Latfood and established Orkla Confectionery & Snacks Latvija. This company holds a number one position in Latvia in confectionery, biscuits and snacks.

  • Companies in the business area: Orkla Confectionery & Snacks Norge, Orkla Confectionery & Snacks Sverige, Confectionery & Snacks Danmark, Orkla Confectionery & Snacks Finland, Orkla Confectionery & Snacks Latvija and Kalev in Estonia.
  • Number of employees in Orkla Confectionery & Snacks: 3,142.

Facts

  • Organic growth: 3.5%
  • Operating revenues: 5,813 NOK million
  • EBIT (adj.) growth: 21.6%
  • EBIT (adj.): 843 NOK million

Source: Orkla ASA Annual Report 2015