– I’ll keep on with Orkla until I die. At least as long as I can, says Orkla Chairman Stein Erik Hagen told newspaper Dagens Næringsliv.
He was long dissatisfied with the course development of the business, but since Hagens longtime right hand Peter Ruzicka took over, the exchange rate according to the newspaper spurted again, just under 70 percent.
Hagens Orkla-mail about a quarter of the shares is now priced at 19 billion. When the yield for a couple of weeks ago ticked into account meant that NOK 622 million into the Hagen family’s account.
– Since we arrived at Orkla in 2000, we have had an annual return of 9.9 per cent. It is not wrong, and I do not think we will get any better anywhere else. So we are, says Hagen said.
At the weekend he was on strategy seminar with daughters in Lofoten, where he was a guest and they arranged.
– Soon we shall seminar for family businesses in Monaco. The advantage of family businesses is that we can be long-term, rather than getting crowns as quickly as possible on account. There we also got to Orkla. The major shareholders agree that we would like to see a bit further than a few blocks. We have contact, Hagen says to DN.
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