Orkla Sees Profits From Consumer Goods Arm Up 18% In First Quarter
Norwegian consumer goods business Orkla has posted a 18% increase in operating profit in its branded consumer goods business in the first quarter of its financial year, with turnover rising 14.7%.
Not all parts of the business had a strong quarter however, with its Orkla Food Ingredients and Orkla Consumer Investments arms seeing reduced demand, while Orkla Foods and Orkla Care reported a sales surge.
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