First quarter 2009

  1.1. - 31.3.   1.1. - 31.12.
Amounts in NOK million 2009 2008   2008  
Operating revenues 13,448 16,332   65,579  
Adjusted EBITA1 233 1,029   4,240  
Profit/loss before taxes (315) 846   (2,015)  
Earnings per share diluted (NOK) 0.7 0.6   (2.8)  
           
Cash flow from operating activities 214 839   2,642  
Net interest-bearing liabilities 26,588 18,623   27,424  
           
Equity ratio (%) 49.9 55.4   47.7  
Net gearing 0.56 0.35   0.55  
1 Earnings before amortisation, write-down of inventory in Sapa Profiles in 2008, restructuring and significant impairments.
  • The international recession grew worse in the first quarter and contributed to weaker demand in important product markets in Orkla Aluminium Solutions and Orkla Materials.


  • Orkla has implemented and planned extensive measures in order to adapt production capacity and costs to the challenging market situation.

 

  • Orkla's EBITA came to NOK 233 million (NOK 1,029 million)1 in the first quarter.


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Quarterly and Accounting figures

Orkla's business areas

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