Orkla third quarter 2009

  1.1. – 30.9.   1.1.–31.12.   1.7. – 30.9.
Amounts in NOK million 2009 2008   2008   2009 2008
Operating revenues 41,188 49,087   65,579   14,088 15,904
Adjusted EBITA1 1,378 3,242   4,240   811 1,026
Profit/loss before taxes 461 2,360   (2,015)   494 (939)
Earnings per share diluted (NOK) 1.4 1.3   (2.8)   0.5 (1.2)
               
Cash flow from operating activities 3,115 1,473   2,543   1,663 365
Net interest-bearing liabilities 28,226 25,363   27,424      
               
Equity ratio (%) 50.3 51.2   47.7      
Net gearing2 0.59 0.50   0.55      
1 Earnings before amortisation, write-down in Sapa Profiles in 2008, restructuring and significant impairments.
2 (Net interest-bearing liabilities)/(Equity)

 

  • Orkla's operating profit (EBITA) for the third quarter amounted to NOK 811 million, compared with NOK 1,026 million in the same quarter last year and NOK 334 million in the second quarter of 2009.

 

  • Cash flow from operations improved, totalling NOK 3,115 million at the end of the first nine months, compared with NOK 1,473 million at the same time last year.

 

  • Weak international economic conditions continued to affect demand and sales in several of the Group's industrial businesses. Third-quarter operating revenues totalled NOK 14,088 million (NOK 15,904 million)1.

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Quarterly and accounting figures

Orkla's business areas

Orkla Brands Orkla Aluminium Solutions Orkla Materials Orkla Associates Orkla Financial Investments

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