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Orkla Sees Consumer Goods Profits Surge, Food Ingredients Slump

Published on Jul 14 2020 10:19 AM in A-Brands tagged: Trending Posts / Norway / Orkla / Paywall / Orkla Food Ingredients

Orkla Sees Consumer Goods Profits Surge, Food Ingredients Slump

Norwegian food conglomerate Orkla has reported a 'marked improvement' in operating profits across four of its five businesses in the second quarter of its financial year, however the group's Food Ingredients arm saw profits decline 48%.

Overall, the group's branded consumer goods operations saw a 16% in operating profit.

Improved Performance

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