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Orkla ASA (ORK.OL)

ORK.OL on Oslo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Kotipizza Applies For Delisting, Trading In Co's Shares Terminated
Friday, 14 Jun 2019 09:00am EDT 

June 14 (Reuters) - Orkla ASA ::REG-KOTIPIZZA GROUP OYJ: ARBITRAL TRIBUNAL HAS CONFIRMED ORKLA ASA'S REDEMPTION RIGHT REGARDING KOTIPIZZA GROUP OYJ SHARES, KOTIPIZZA HAS APPLIED FOR DELISTING OF ITS SHARES AND TRADING IN THE COMPANY'S SHARES HAS BEEN TERMINATED.  Full Article

Kotipizza Group Submits Delisting Application To Nasdaq Helsinki
Friday, 7 Jun 2019 03:00am EDT 

June 7 (Reuters) - Kotipizza Group Oyj ::REG-KOTIPIZZA GROUP OYJ: KOTIPIZZA GROUP OYJ APPLIES FOR DELISTING OF ITS SHARES FROM NASDAQ HELSINKI.TODAY, KOTIPIZZA WILL SUBMIT A DELISTING APPLICATION TO NASDAQ HELSINKI.  Full Article

Jotun Recorded Sales Of NOK 6.25 Bln In First Four Months Of The Year, An Increase Of 10 Per Cent Compared To The Same Period Last Year
Tuesday, 28 May 2019 02:00pm EDT 

May 28 (Reuters) - Orkla ASA ::JOTUN - RECORDED SALES OF NOK 6.25 BILLION IN FIRST FOUR MONTHS OF THE YEAR, AN INCREASE OF 10 PER CENT COMPARED TO THE SAME PERIOD LAST YEAR.JOTUN- FOR FIRST 4 MONTHS OF YEAR, OPERATING PROFIT INCREASED BY MORE THAN 50 PER CENT RISING TO NOK 851 MILLION.  Full Article

Orkla Issues Commercial Paper Of NOK 500.0 Mln
Wednesday, 8 May 2019 05:24am EDT 

May 8 (Reuters) - Orkla ASA ::ORKLA ASA HAS ISSUED A COMMERCIAL PAPER OF NOK 500,000,000..  Full Article

Orkla Q1 Adjusted EBIT Nok 1.02 Bln, Above Estimates
Tuesday, 7 May 2019 01:00am EDT 

May 7 (Reuters) - Orkla ASA ::REG-ORKLA ASA: ENCOURAGING FOR ORKLA.ORKLA Q1 ADJUSTED EBIT NOK 1.02 BILLION (REUTERS POLL NOK 969 MILLION).ORKLA Q1 REVENUES NOK 10.18 BILLION (REUTERS POLL NOK 10.12 BILLION).OUTLOOK: ORKLA TARGETS LONG-TERM ORGANIC GROWTH AT LEAST IN LINE WITH MARKET GROWTH. FOR THE PERIOD 2019-2021.FIRST-QUARTER TOP-LINE GROWTH WAS DRIVEN BY BROAD-BASED IMPROVEMENT FOR ORKLA FOODS AND ORKLA CONFECTIONERY & SNACKS.OUTLOOK: ORKLA TARGETS GROWTH IN EBIT (ADJUSTED.) MARGIN OF A MINIMUM OF 1.5 PERCENTAGE POINTS ADJUSTED FOR ACQUISITIONS, DISPOSALS AND CURRENCY EFFECTS.TOP-LINE DEVELOPMENT FOR ORKLA CARE WAS DISAPPOINTING, PARTLY BECAUSE THE GROCERY RETAIL TRADE IN NORWAY IS LOSING SHARES TO E-COMMERCE AND MORE SPECIALISED CHANNELS.ORKLA’S BRANDED CONSUMER GOODS BUSINESS HAS SEEN A GOOD START TO 2019.ORKLA Q1 PRETAX RESULT NOK 990 MILLION (REUTERS POLL NOK 958 MILLION).OUTLOOK: ORKLA HAS PRODUCTION OPERATIONS IN THE UK, AS WELL AS SUBSTANTIAL EXPORTS AND IMPORTS FROM THE UK TO THE EU AND NORWAY, AND CONSEQUENTLY MAY BE AFFECTED BY THE FINAL OUTCOME OF UK'S EXIT FROM THE EU.  Full Article

Orkla Issues Commercial Paper Of NOK 500 Mln
Tuesday, 30 Apr 2019 07:53am EDT 

April 30 (Reuters) - Orkla ASA ::REG-ORKLA ASA: ISSUANCE OF COMMERCIAL PAPER.HAS ISSUED A COMMERCIAL PAPER OF NOK 500,000,000.  Full Article

Kotipizza Q4 Comparable EBITDA Up At EUR 2.26 Mln
Wednesday, 20 Mar 2019 03:00am EDT 

March 20 (Reuters) - Kotipizza Group Oyj ::REG-KOTIPIZZA GROUP OYJ: FINANCIAL YEAR ENDED WITH COMPARABLE NET SALES GROWTH OF 15% AND EBITDA GROWTH OF 10% IN THE FOURTH QUARTER.Q4 COMPARABLE NET SALES EUR 24.1 MILLION VERSUS EUR 21.0 MILLION YEAR AGO.Q4 COMPARABLE EBITDA WAS 2.26 MEUR (2.06). GROWTH WAS 10.0%..PROPOSES THAT NO DIVIDEND NOR RETURN OF CAPITAL WILL BE PAID FOR FINANCIAL YEAR OF 1 FEBRUARY 2017-31 JANUARY 2018.ESTIMATES FOR FY STARTED 1 FEBRUARY 2019 TOTAL CHAIN SALES OF RESTAURANT CONCEPTS WILL INCREASE AS COMPARED TO PREVIOUS YEAR.OUTLOOK 2019: COMPARABLE EBITDA WILL INCREASE AS COMPARED TO PREVIOUS YEAR.  Full Article

Orkla -Ingrid Jonasson Blank, Member Of Board Of Orkla, Bought 2,750 Shares At Nok 67/ Share.
Tuesday, 12 Feb 2019 03:59pm EST 

Feb 12 (Reuters) - :ORKLA -INGRID JONASSON BLANK, MEMBER OF BOARD OF ORKLA, BOUGHT 2,750 SHARES AT A PRICE OF NOK 67.00 PER SHARE..FOLLOWING THIS TRANSACTION, JONASSON BLANK AND RELATED PARTIES OWN 9,000 SHARES IN ORKLA.  Full Article

Orkla Says Jotun Invested Nok 1089 Million In 2018, Up From NOK 967 Million In 2017
Monday, 11 Feb 2019 03:10pm EST 

Feb 11 (Reuters) - Orkla ASA ::HIGH RAW MATERIAL PRICES AND DEMANDING MARKET CONDITIONS HAD A NEGATIVE IMPACT ON OPERATING PROFIT IN 2018 FOR JOTUN (ADDS DROPPED WORD).JOTUN ACHIEVED AN OPERATING REVENUE OF NOK 17,660 MILLION IN 2018, AN INCREASE OF EIGHT PER CENT COMPARED TO 2017.JOTUN FY OPERATING PROFIT ENDED AT NOK 1361 MILLION, ROUGHLY ON PAR WITH THE PREVIOUS YEAR.ORKLA -JOTUN'S RESULTS AFFECTED BY HIGH RAW MATERIAL PRICES, CHALLENGING OIL AND GAS MARKET AND LIMITED NEWBUILDING ACTIVITY IN SHIPPING INDUSTRY.SAYS JOTUN INVESTED A TOTAL OF NOK 1089 MILLION IN 2018, UP FROM NOK 967 MILLION IN 2017.  Full Article

Orkla Q4 operating profit slightly lags forecast
Wednesday, 6 Feb 2019 01:00am EST 

Feb 6 (Reuters) - Orkla ASA ::ORKLA Q4 ADJUSTED EBIT NOK 1,408 MILLION (REUTERS POLL NOK 1.44 BILLION).ORKLA Q4 REVENUES NOK 10,983 MILLION (REUTERS POLL NOK 10.95 BILLION).ORKLA PROPOSES 2018 DIVIDEND OF NOK 2,60 PER SHARE (REUTERS POLL NOK 2.65 PER SHARE).  Full Article