Turnover growth and good profit improvement at Orkla
Orkla's operating profit (EBIT adj.) rose by 9%, to NOK 1,102 million in the fourth quarter of 2015. Profit before tax increased by 87%, to NOK 946 million. Fourth-quarter operating profit for Orkla's branded consumer goods business totalled NOK 1,195 million, an improvement of 17%. Orkla Foods and Orkla Confectionery & Snacks made particularly strong contributions to profit growth. The improvement was ascribable to positive contributions from acquisitions, new product launches and the effects of internal improvement projects. In the fourth quarter, the branded consumer goods business