Orkla ASA operates in the Frozen specialties sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Orkla ASA with three other
processed food manufacturers in Europe:
Greencore Group plc
sales of 1.81 billion Euro [US$1.97 billion]
of which 96%
was Other Food/Convenience Foods),
(192.65 million Euro [US$209.63 million]
of which 62%
was Frozen Meals), and
KTG Agrar SE
based in Germany
(326.48 million Euro [US$355.25 million]
of which 32%
was Food Processing).
Orkla ASA reported sales of NOK 33.20 billion (US$4.02 billion)
December of 2015.
increase of 12.2%
versus 2014, when the company's sales were NOK 29.60 billion.
Sales of Financial Investments saw an increase
that was more than double the company's growth rate: sales were up
2,800.0% in 2015, from
NOK 1.00 million to NOK 29.00 million.
Orkla ASA also saw significant increases in sales in
Orkla Foods Ingredients (up 16.1% to NOK 7.50 billion)
Orkla Confectionery and Snacks (up 16.2% to NOK 5.76 billion)
Not all segments of Orkla ASA experienced an increase in sales in 2015:
sales of Hydro Power fell 7.8% to NOK 629.00 million.
(However, this segment's sales were only a very small portion of the company's overall sales).