Progress for Orkla
Orkla's operating profit (EBIT adj.) increased 26% to NOK 996 million in the second quarter of 2016. The branded consumer goods business had an operating profit of NOK 982 million, representing a 20% improvement. Orkla has been strengthened by a number of acquisitions and internal improvement projects. Orkla's operating revenues increased by 22% in the second quarter, to NOK 9,433 million. Organic turnover growth in the branded consumer goods business was 3.8%. All four business areas reported improvement in the quarter, both in operating revenues and in operating profit. "For the