Orkla ASA (Orkla) is a supplier of branded consumer goods and concept solutions to the grocery, out-of-home and bakery sectors, with the Nordic and Baltic regions as its principal markets. The Company's branded consumer goods business consists of four business areas, including Orkla Foods, which comprises Orkla's food businesses; Orkla Confectionery & Snacks, which comprises the product categories confectionery, snacks and biscuits, and consists of six branded consumer goods businesses; Orkla Care, which comprises six branded consumer goods businesses, and Orkla Food Ingredients, which is engaged in the bakery and ice cream ingredients sectors in the Nordics and Baltics. The Orkla Investments business area consists of the Hydro Power and Financial Investments segments. Its associates and joint ventures consist primarily of Jotun, which is a manufacturer of paint and powder coatings, and Sapa AS, which is a supplier of extrusion-based aluminum solutions.

Sales Analysis. Orkla ASA reported sales of NOK 40.84 billion (US$4.56 billion) for the year ending December of 2018. This represents an increase of 3.2% versus 2017, when the company's sales were NOK 39.56 billion. This was the fourth straight year of sales growth at Orkla ASA. Sales of Financial Investments saw an increase that was more than double the company's growth rate: sales were up 177.8% in 2018, from NOK 45.00 million to NOK 125.00 million. Orkla ASA also saw significant increases in sales in Orkla Foods Ingredients (up 9.4% to NOK 9.38 billion) and Orkla Home and Personal (up 8.0% to NOK 8.03 billion) and Hydro Power (up 19.5% to NOK 973.00 million) . Not all segments of Orkla ASA experienced an increase in sales in 2018: sales of Orkla Confectionery and Snacks fell 2.9% to NOK 6.23 billion. Orkla ASA also experienced decreases in sales in Orkla Foods (down 0.9% to NOK 15.88 billion) .