Orkla ASA: Capital Markets Day - Strengthening Orkla for future growth
Orkla is hosting a capital markets day in London today, at which the Group will announce its new main financial goals. Its strategy of being a leading branded consumer goods company remains unchanged. The Board of Directors will propose a dividend policy aimed at increasing the dividend from its current level of NOK 2.60 per share, normally to within 50-70% of Earnings Per Share. Orkla targets long-term organic growth at least in line with market growth. By 2021, Orkla aims to achieve growth in underlying EBIT margins of at least 1.5 percentage points, adjusted for M&A and foreign