Orkla is hosting an Investor Day in Oslo today. Since its last Investor Day in 2015, Orkla has delivered on its strategy of being a leading branded consumer goods company, and its financial goals and dividend policy are unchanged.
Through closer cross-Group collaboration as one Orkla, Orkla will increase its innovative power and achieve a more efficient value chain, while maintaining its local customer and consumer insight.
“We will leverage our unique customer and consumer insight to respond to consumer trends with local branded consumer goods. By working more closely as one Orkla, we will optimise transfers of innovations and best practices across the Group. We will also strengthen our operations in new channels where consumers expect to find our products,” comments Orkla President and CEO Peter A. Ruzicka.
Acquisitions are still a key factor in the Group’s growth strategy, and Orkla focuses primarily on acquisitions in markets and categories where the Group can gain a leading position and exploit economies of scale.
In line with the company’s dividend policy, the Group will continue to pay a share of its excess capital back to shareholders.