Improved profit for all business areas
Orkla's third-quarter operating profit (EBITA*) ended at NOK 1,166 million, compared with NOK 811 million in the same quarter of 2009. Profit improved in all business areas. The return on the Share Portfolio was 21.3 percent as of 30 September. "It is gratifying to note the clear improvement in results in the third quarter. Underlying operations were strengthened in all business areas, while Elkem's silicon-related business in particular has also benefited from better markets and higher prices," says Orkla President and CEO Bjørn M. Wiggen. Orkla's third-quarter operating revenues