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BRIEF-Orkla posts Q3 pre-tax profit above forecast, repeats growth guidance
October 25, 2017 / 5:18 AM / a month ago

BRIEF-Orkla posts Q3 pre-tax profit above forecast, repeats growth guidance

Oct 25 (Reuters) - Orkla Asa:

* Orkla q3 adjusted ebit nok ‍1,267​ million (Reuters poll nok 1.24 billion)

* Orkla q3 revenues nok ‍9,858​ million (Reuters poll nok 9.87 billion)

* Qtrly ‍pre-tax profit increased by 13%, ending quarter at nok 1,312 million (Reuters poll nok 1.25 billion)​

* Orkla repeats aims to deliver organic growth that at least matches market growth and growth in annual ebit (adjusted) of 6–9% in branded consumer goods in the period 2016–2018‍​

* Orkla says cost programmes proceed according to plan, but higher input costs impact profits Source text for Eikon: Further company coverage: (Reporting By Camilla Knudsen)

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