Thursday, May 30, 2024

Strong figures from Orkla

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CEO of Orkla Nils K. Selte presented pleasant figures on Friday. Photo: Terje Pedersen / NTB

Of NTB | 05/03/2024 07:33:59

Economy and business: In the same period, turnover increased by 6 per cent to NOK 17.1 billion.

In advance, a profit before tax of NOK 1.8 billion and a turnover of NOK 17.2 billion was expected, according to Bloomberg, quoted by E24.

Earnings per share were NOK 1.50 for the quarter, an increase of 14 per cent from the same period last year.

– Orkla has had a strong start to the year. Most of the portfolio companies achieved organic growth, higher operating profit and increased cash flow from operations, says Orkla’s CEO Nils K. Selte.

(© NTB)

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