Growth for Orkla’s branded consumer goods
Orkla’s operating revenues increased by 10.3% to NOK 13,139 million in the third quarter of 2021. Operating profit EBIT (adj.) increased by 9.0% to NOK 1,712 million.The Branded Consumer Goods business achieved organic sales growth of 4.1% in the quarter. The easing of coronavirus restrictions and higher demand contributed to improvement in the Out of Home channel, and sales to the grocery sector remained good. Orkla Food Ingredients saw organic growth of 7.3% in turnover, while Orkla Foods and Orkla Care achieved an improvement of 4.7% and 3.8%, respectively. Orkla Confectionery &