Sales and profit growth for Orkla
Orkla’s operating revenues increased by 6.1% to NOK 11,772 million in the second quarter of 2021. Operating profit (EBIT adj.) rose 5.0% to NOK 1,265 million.Orkla’s profit before tax increased by 12% to NOK 1,344 million in the second quarter. Earnings per share rose 9.5% to NOK 1.04 in the quarter. Adjusted earnings per share rose 3.6% to NOK 1.14.Substantially higher power prices contributed to a rise in Hydro Power’s operating profit to NOK 112 million in the second quarter, a year-over-year improvement of NOK 131 million. Jotun, in which Orkla has an ownership interest of 42.6%,