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Orkla Foods

Ten branded consumer goods companies make up the Orkla Foods business area, which accounts for 40% of Orkla’s total sales revenues. The companies hold strong market positions in a number of categories and offer well-known local brands to consumers in the Nordics, the Baltics, Austria, the Czech Republic and India.

The many widely known brands include Grandiosa, Toro, Stabburet, Felix, Paulúns, Abba, Kalles, Beauvais, Pastella, Spilva, Vitana and MTR.

In 2015 Orkla entered into an agreement to purchase Hamé, a leading food company in the Czech Republic and Slovakia. Hamé has strong positions in a range of categories that are a good fit with Orkla’s existing portfolio. With the acquisition of Hamé Orkla has doubled its turnover in Central Europe. The agreement is subject to the approval of the competition authorities.

Orkla signed a distribution agreement with PepsiCo in 2015. The sale of PepsiCo’s juice and breakfast cereals is handled by Orkla Foods’ four companies in the Nordics, thereby strengthening their esence in the breakfast segment.

  • Companies in the business area: Orkla Foods Norge, Orkla Foods Sverige, Orkla Foods Danmark, Orkla Foods Finland, Põltsamaa Felix in Estonia, Orkla Foods Latvija, Orkla Foods Lietuva in Lithuania, Felix Austria, Vitana Group and Hamé in the Czech Republic and MTR Foods in India.
  • Number of employees in Orkla Foods: 5,979 (31 December 2015).

Facts

  • Organic growth: 3.9%
  • Operating revenues: 13,250 NOK million
  • EBIT (adj.) growth: 14.3%
  • EBIT (adj.): 1,701 NOK million

Source: Orkla ASA Annual Report 2015