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 39.56 billion (US$5.02 billion) for the year ending December of 2017. This represents an increase of 4.8% versus 2016, when the company's sales were NOK 37.76 billion. This was the third consecutive year of growth at Orkla ASA. Sales of Hydro Power saw an increase that was more than double the company's growth rate: sales were up 21.5% in 2017, from NOK 670.00 million to NOK 814.00 million. Orkla ASA also saw significant increases in sales in Orkla Foods Ingredients (up 6.3% to NOK 8.57 billion) and Orkla Home and Personal (up 11.2% to NOK 7.44 billion) . Not all segments of Orkla ASA experienced an increase in sales in 2017: sales of H.O./unallocated/eliminations fell 55.0% to NOK 9.00 million. (However, this segment's sales were only a very small portion of the company's overall sales). Orkla ASA also experienced decreases in sales in Financial Investments (down 6.3% to NOK 45.00 million) .