the Case is updated.
Merkevaregiganten Orkla has Thursday put forward the quarterly figures, and reports about progress on both top and bottom line.
the Result for the year was 1.107 million, up from 757 million in the same period of last year. It was expected 1.018 million, according to SME Direkt for TDN.
the Company’s operating income increased to 10.286 million, up from 9.571 million in the same period the year before.
despite a strong fourth quarter of 2015 managed Orklas merkevarevirksomhet to achieve organic growth. Orkla Confectionery & Snacks impressed with probably a good quarter. It is also gratifying that the River Care was able to increase the growth rate towards the end of 2016 after a somewhat challenging start to the year, ” says president and ceo Peter A. Ruzicka in a kommetar.
Merkevarevirksomheten achieved an operating surplus of 1.249 million.
Beyond this, it is worth to note progress for, among other things aluminiumselskapet Sapa. For Orkla’s share increased profit from associated and joint venture companies, to 161 million – an increase of 81 percent.
– the Acquired companies is developing according to plan and contributes to value creation in Orkla. It definitely makes also Sapa, which had significantly improved the operation, ” says Ruzicka.
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