Orkla Foods
Orkla Foods is the biggest business area, accounting for 39% of Orkla’s operating revenues.
Read more
Orkla is a leading supplier of branded consumer goods to the grocery, out-of home, specialised retail, pharmacy and bakery sectors. The Nordic and Baltic regions and selected countries in Central Europe are Orkla’s main markets. The Orkla Group also holds strong positions in selected product categories in India.
Orkla’s Branded Consumer Goods business comprises the Orkla Foods, Orkla Confectionery & Snacks, Orkla Care and Orkla Food Ingredients business areas. Orkla also has operations organised under the Orkla Investments business area, consisting of its investment in Jotun (42.6% interest), in addition to Hydro Power and financial assets.
Orkla ASA is listed on the Oslo Stock Exchange and its head office is in Oslo, Norway. As of 31 December 2018, Orkla had 18,510 employees. The Group’s turnover in 2018 totalled NOK 40.8 billion.
| 2018 | 2017 | 2016 | 2015 | 2014 | |
| Operating revenues (NOK million) | 40,837 | 39,561 | 37,758 | 33,198 | 29,599 |
| Operating revenues Branded Consumer Goods incl. HQ (NOK million) | 39,626 | 38,562 | 36,466 | 32,043 | 28,632 |
| EBIT (adj.) (NOK million) | 4,777 | 4,635 | 4,298 | 3,609 | 3,214 |
| EBIT (adj.) Branded Consumer Goods incl. HQ (NOK million) | 4,387 | 4,311 | 3,975 | 3,399 | 3,034 |
| EBIT (adj.) margin (%) | 11.7 | 11.7 | 11.4 | 10.9 | 10.9 |
| EBIT (adj.) margin Branded Consumer Goods incl. HQ (%) | 11.1 | 11.2 | 10.9 | 10.6 | 10.6 |
| Ordinary profit/loss before taxes (NOK million) | 4,358 | 4,571 | 4,292 | 3,967 | 3,185 |
| Earnings per share, diluted (NOK) continuing operations | 3.24 | 3.46 | 3.34 | 3.13 | 2.42 |
| Total dividend per share (NOK) | 2.60 | 2.60 | 2.60 | 2.50 | 2.50 |
| Equity ratio (%) | 64.9 | 65.2 | 60.9 | 62.2 | 62.5 |
EBIT (adj.): operating result before other income and expenses.
Ordinary profit before taxes (NOK million) and EPS: profit from Sapa has been reclassified to the line for “Discontinued operations” for 2016, 2015 and 2014.
Source: Orkla Annual Report 2018
Orkla wants to be an attractive employer that offers good working conditions and fair and competitive conditions for all employees.
Orkla’s vision is “Your friend in everyday life”, a vision that is underpinned by the values “brave”, “trustworthy” and “inspiring”. Orkla’s mission is “Improving everyday life with healthier and more enjoyable local brands”.
Innovation is Orkla’s primary tool for creating growth, and is therefore pivotal to Orkla’s day-to-day operations. Orkla’s innovation activities are based on an inter-professional focus that spans from idea to launch. Consumer, customer and market insight is combined with technological expertise and investments to develop products and solutions that delight consumers and meet their needs in an even better way.
Geographical spread of Orkla’s revenues, capital employed, investments and number of man-years.
