Orkla reports continued growth

Summary by AI BETAClose X

In the third quarter, Orkla reported operating revenues of NOK 17.9 billion with 4.4% organic growth, while EBIT (adj.) increased by 2.1% to NOK 2.0 billion. Profit before tax reached NOK 2.0 billion, and adjusted earnings per share rose 9% year-over-year to NOK 1.85. A significant development was the successful listing of Orkla India on the Indian Stock Exchange on November 6th, where Orkla retains a 75% ownership stake, a move intended to unlock long-term value and support future growth.

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Orkla ASA (0FIN)
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