Orkla will report its third quarter 2019 results on Thursday, 24 October at 7.00 a.m. CET. The quarterly report and the presentation material will be available at this time at www.orkla.com.
CEO Jaan Ivar Semlitsch is making changes to Orkla’s Group Executive Board and group structure. Orkla Consumer & Financial Investments will become a new business area within Orkla. A separate group function is to be given responsibility for mergers and acquisitions (M&A) and strategy development.
Orkla House Care has completed an agreement to take over the remaining 50% of the shares in the joint venture company Anza Verimex Holding. Since 2018, Orkla House Care has owned 50% of the company which is market leader in the sale and distribution of painting tools in the Netherlands and Belgium.
Vegetarian pizza, climate-friendly meals, tempting chocolate flavours and detergents in environmentally friendly packaging are among this autumn’s many new products from Orkla.
Orkla has again been included in the Dow Jones Sustainability Index Europe, which ranks companies according to their performance on environmental issues and social responsibility.
The Governance Group consultancy and BI Norwegian Business School have reviewed and ranked the sustainability reporting of the hundred largest companies on the Oslo Stock Exchange. Orkla placed third in the ranking.
Through its wholly-owned subsidiary Sonneveld Group B.V. ("Sonneveld") Orkla Food Ingredients has signed and completed an agreement to purchase the Dutch company Vamo produkten voor de Bakkerij B.V. ("Vamo").
Orkla ASA has signed an agreement to purchase 20% of the Icelandic company Nói-Siríus HF (“Nói Siríus”), Iceland’s leading chocolate and confectionery manufacturer.