Orkla ASA - Company Profile

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Orkla ASA (Orkla) is a supplier of branded consumer goods and concept solutions to grocery, bakery and out-of-home markets. The company’s products portfolio includes margarine and butter blends, marzipan and ice cream, bread and cake improvers and mixes, household care and personal care products, dietary supplements and health products, painting tools and cleaning products. Orkla markets its products under Nugatti, Fun Light, Toro, Denja, MTR, Panda brand names. The company has its operations in consumer goods, renewable energy, and real estate sectors. It has a business presence across Europe, the Americas, Asia-Pacific and the Middle East regions. Orkla is headquartered in Oslo, Norway.

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Headquarters Norway

Address Drammensveien 149, Oslo City, 0277


Telephone 47 2 2544000

No of Employees 19,671

Industry Consumer Packaged Goods

Ticker Symbol & Exchange ORK (OSL)

Revenue (2022) $6.4B 16.1% (2022 vs 2021)

EPS XYZ

Net Income (2022) XYZ 3.5% (2022 vs 2021)

Market Cap* $7.3B

Net Profit Margin (2022) XYZ -10.9% (2022 vs 2021)

* As of and is in US$
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Orkla ASA premium industry data and analytics

330+

Product Launch Analytics

Analyze latest product launches for innovation and product strategies.

190+

Online Price Intelligence

Monitor online prices for products from Orkla ASA with insights on price dynamics across product categories and countries.

4

Consumer Market Data Insights

Gain insights from product sales across markets, product categories and channels. Get intelligence on market shares, retail sales footprint, market position and strength for consumer segments and geographies.

5

IT Services Contracts

Improve competitive bidding with insights into all publicly disclosed IT services contracts for Orkla ASA (including IT outsourcing, business process outsourcing, systems integration & consulting and more).

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Orkla ASA’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Brands
Orkla Foods Europe: Eastern
Frozen Pizza Fun Light
Ketchup Grumme
XYZ XYZ
XYZ XYZ
XYZ XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2023 Stake Sale In October, the company completed the sale of a minority stake in its food and ingredients unit, Orkla Food Ingredients to Rhone.
2023 Financing Agreements In October, the company along with other investors invested in Eden Brew.
2023 Contracts/Agreements In July, Orkla Confectionery & Snacks received Elematic 3001 WA Compact case packer technology from Syntegon.
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Competitor Comparison

Key Parameters Orkla ASA Nestle SA Mars Inc Mondelez International Inc Premium Brands Holdings Corp
Headquarters Norway Switzerland United States of America United States of America Canada
City Oslo City Vevey Mclean Chicago Richmond
State/Province Oslo Waadt Virginia Illinois British Columbia
No. of Employees 19,671 270,000 140,000 91,000 13,095
Entity Type Public Public Private Public Public
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Executives
Name Position Board Since Age
Stein Erik Hagen Chairman Executive Board 2006 67
Nils K. Selte President; Chief Executive Officer Senior Management 2022 58
Harald Ullevoldsæter Chief Financial Officer; Executive Vice President Senior Management 2020 60
Atle Vidar Nagel Johansen Executive Vice President - Consumer Goods Business Senior Management 2022 60
Christina Fagerberg Director Non Executive Board 2022 49
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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