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 1.70 billion Euro [US$1.89 billion]
of which 100%
was Conveience foods UK & Ireland),
(192.99 million Euro [US$214.68 million]
of which 62%
was Frozen Meals), and
based in Bulgaria
(5.16 million Bulgarian Lev [US$2.94 million]
Orkla ASA reported sales of NOK 40.84 billion (US$4.48 billion)
December of 2018.
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)
Orkla Home and Personal (up 8.0% to NOK 8.03 billion)
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)