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

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...

NorgesGruppen Halts Soda Sales Due To COVID-19 Conspiracy Theories On Labels

Norwegian retail giant NorgesGruppen has halted the sale of soft drinks produced by Oslo-based O. Mathisen, due to COVID-19 conspiracy theories being print...