Norway: latest retail news, insights and analysis | ESM Magazine

Norway's Orkla To Give Each Business More Autonomy, Names New CEO

Orkla chief executive Jaan Ivar Semlitsch is to step down with immediate effect, and will be replaced by veteran board member Nils Selte, the Norwegian pro...

Orkla Reports Growth In Operating Revenue, Profit In FY 2021

Norwegian conglomerate Orkla has reported 7.0% year-on-year growth in operating revenue, to NOK 50.4 billion, in its financial year 2021.

Orkla Eyes Annual Organic Growth Of At Least 2.5%

Orkla aims to achieve annual organic growth of at least 2.5% in the 2022–2024 period, and a 4–6% underlying annual growth in adjusted EBIT.

Orkla Reports Double-Digit Growth In Third Quarter

Norwegian conglomerate Orkla has reported a 10.3% increase in operating revenues, to NOK 13.14 billion (€1.35 billion), in the third quarter of its fi...

Orkla Reports Sales And Profit Growth In Q2

Norwegian conglomerate Orkla has reported a 6.1% year-on-year growth in operating revenues, to NOK 11.8 billion (€1.14 billion), in the second quarter...

Orkla To Acquire Swiss Ingredients Firm

Orkla has entered into an agreement to purchase the Swiss ingredients firm Hans Kaspar, in a deal that will 'strengthen its position' in the confectionery...

Orkla Announces Investment In Sustainable Pet Food

Norwegian conglomerate Orkla has announced a minority investment in Because, Animals, a biotechnology company that aims to manufacture sustainable pet food...

Consumer Goods Business Boost Orkla's Profit In First Quarter

A 9.5% increase in operating profit at its Branded Consumer Goods business helped boost overall profits at Norwegian conglomerate Orkla in the first quarte...