Orkla ASA (GB:0FIN) has released an update.
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Orkla ASA reported a 13% increase in adjusted operating results to 2.0 billion kroner in Q2, with a significant 43% jump in pre-tax results. The company saw organic growth of 3.3%, continuing a trend of positive volume development from the previous quarter. Additionally, Orkla sold its shares in Lilleborg, aligning with its strategy to streamline operations and focus on its core portfolio of branded consumer goods.
For further insights into GB:0FIN stock, check out TipRanks’ Stock Analysis page.