Orkla ASA Stock

Orkla ASA engages in branded consumer goods, and consumer and financial investment businesses. The company operates as a branded consumer goods company in the Nordics, Baltics, Central Europe, India and other selected markets. It offers concept solutions to the grocery, food service and bakery sectors with the Nordic and Baltic regions as its main markets.

The Branded Consumer Goods business consists of five business areas: Orkla Foods, Orkla Confectionery & Snacks, Orkla Care, Orkla Food Ingredients and Orkla Consumer Investments. Industrial & Financial Investments consists of the Hydro Power and Financial Investments segments.

Orkla Foods offers well-known local branded products to consumers in the Nordics, Baltics, Central Europe and India. The business area holds leading market positions in a number of categories, including frozen pizza, ketchup, soups, sauces, bread toppings and ready-to-eat meals. A growing percentage of turnover derives from plant-based foods. Orkla Foods primarily sells its products through the grocery retail trade, but also holds positions in the out-of-home, convenience store and petrol station sectors. Its many widely known brands include Grandiosa, TORO, Stabburet, Felix, Paulúns, Abba, Kalles, Beauvais, Den Gamle Fabrik, Spilva, Vitana and MTR.

Orkla Confectionery & Snacks holds strong number one and number two positions in the confectionery, biscuits and snacks categories, with wellknown local brands and tastes that delight consumers in the Nordic and Baltic countries. Its many widely known brands include KiMs, Nidar, Göteborgs Kex, Sætre, OLW, Panda, Laima, Selga, Adazu and Kalev.

The two major business units are Orkla Home & Personal Care, which holds positions in the personal care and cleaning products segments, and Orkla Health, which has strong brands in the dietary supplement, sport nutrition and weight control segments. Orkla Care operates in several European countries in wound care and first aid equipment (Orkla Wound Care). HSNG runs the e-commerce portals Gymgrossisten and Bodystore, and is the major e-commerce operator in the Nordic region in health and sport nutrition. Brands include Zalo, Jif, Sun, Define, Sunsilk, Blenda, P20, Möller’s, Collett, Nutrilett, Maxim and Salvequick.

Orkla Food Ingredients is the supplier of bakery and ice cream ingredients in the Nordic region, in addition to holding growing positions in Europe. The business area manufactures, sells and distributes ingredients and products to the bakery and ice cream market in 23 countries. The Nordic region accounts for approximately half of all sales. Sales of bakery ingredients to artisanal and industrial bakeries account for around 65 per cent of sales. Ice cream ingredients account for approximately 15 per cent of sales and around 20 per cent are direct-to-consumer sales under well-known brands such as Odense Marcipan, Mors hjemmebakte, KronJäst, Bakkedal and Naturli’.

The Orkla Consumer & Financial Investments business area consists of two parts, such as Orkla Consumer Investments; and Industrial & Financial Investments.

Orkla Consumer Investments is part of Orkla’s Branded Consumer Goods area and consists of Orkla’s businesses in the painting tool (Orkla House Care), basic garments (Pierre Robert Group) and professional cleaning (Lilleborg) sectors and restaurant operations (Kotipizza Group and Gorm’s). Orkla has some investments outside the Branded Consumer Goods business which are organised under Industrial & Financial Investments.

Jotun is a global manufacturers of paint and powder coatings. Jotun’s worldwide activities consist of the development, production, marketing and sale of a variety of paint systems, and are organised in the four segments Decorative Paints, Marine Coatings, Protective Coatings and Powder Coatings. The company’s main markets are the Middle East, India, Africa, Northeast Asia, Southeast Asia and Scandinavia. Hydro Power consists of wholly-owned power plants in Sarpsfoss and power plants leased through Orkla’s 85 per cent interest in the Saudefaldene power company. The Sauda power operations are regulated by a lease with Statkraft that will run until 31 December 2030.

Orkla Eiendom (real estate) is responsible for the development of properties freed up as a result of the restructuring of Branded Consumer Goods, and the development of the Group’s new headquarters, which was completed in 2019.