Profit growth for Orkla
Orkla's operating profit (EBIT adj.) increased by 7% in the third quarter to NOK 1,353 million. Orkla's operating revenues increased in the third quarter by 3%, to NOK 10,126 million. Branded Consumer Goods achieved turnover growth of 2%. Organic turnover growth was 0.8% in the period, adjusted for the loss of a distribution agreement in Orkla Confectionery & Snacks. Three out of four business areas delivered profit growth. "We had sales growth in a majority of the markets in which we operate, and are particularly pleased by the progress made in Finland, Central Europe and India.