Orkla’s Investor Day: Orkla targets increased growth
Orkla is holding an Investor Day in London today. A webcast may be viewed at www.orkla.com.
Orkla’s strategy of being the leading Nordic branded consumer goods company, with the Nordics and Baltics as its main markets, remains unchanged.
The Board of Directors will propose a dividend policy that maintains a stable dividend of a minimum of NOK 2.50 per share.
Orkla targets organic growth at least in line with market growth and annual, adjusted growth in EBIT of 6-9 per cent in the Branded Consumer Goods area for the period 2016-2018.
“Growth will be achieved in part through bigger innovations, which will increasingly be launched across Orkla’s markets and business areas. In addition, acquisitions in selected categories, channels and markets will strengthen Orkla’s position as a leading branded consumer goods company”, says President & CEO Peter A. Ruzicka in a comment.
Orkla will improve profitability by increasing operational efficiency throughout its value chain. By working more closely as one Orkla, the Group will exploit synergies more effectively across its operations, while cultivating Orkla’s unique local customer and consumer insight.
The presentations are attached.