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Orkla Foods

Orkla Foods is the largest business area, with 42% of Orkla’s total operating revenues from its Branded Consumer Goods business.

Orkla Foods supplies well-known local brands to consumers in the Nordics, Baltics, Central Europe and India. The business area holds leading market positions in a number of categories, including frozen pizza, ketchup, soups, sauces, toppings and ready-to-eat dishes.

Orkla Foods chiefly sells its products through grocery retailers, but also holds strong positions in the out-of-home, convenience store and petrol station sectors. Norway and Sweden are Orkla Foods’ two largest markets, accounting for 60% of the business area’s turnover in 2016.

In 2016, Orkla Foods substantially strengthened its position in Central Europe through the acquisition of Hamé, a leading branded food company based in the Czech Republic and Slovakia.

Orkla’s expanded distribution agreement with PepsiCo covers the sale of Tropicana and Quaker products in Norway, Sweden, Denmark and Finland, thereby strengthening Orkla Foods’ position in the breakfast segment.

  • Orkla Foods’ many well-known brands include Grandiosa, TORO, Stabburet, Felix, Paulúns, Abba, Kalles, Beauvais, Pastella, Spilva, Vitana and MTR.
  • Companies in the business area: Orkla Foods Norge, Orkla Foods Sverige, Orkla Foods Danmark, Orkla Foods Finland, Põltsamaa Felix in Estland, Orkla Foods Latvija, Orkla Foods Lietuva, Felix Austria, Hamé and Vitana Group in the Czech Republic and MTR Foods in India.

Facts

  • Operating revenues: 15.5 NOK billion
  • Organic growth1: 2.3%
  • EBIT (adj.)2: 2.0 NOK billion
  • EBIT (adj) margin: 12.7%
  • EBIT (adj.) growth: 16%
  • Number of employees: 8 393

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

Source: Orkla ASA Annual Report 2016

Organic growth

Organic growth - Orkla Foods

EBIT

EBIT - Orkla Foods