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The latest update is out from Orkla ASA ( (GB:0FIN) ).
In the second quarter, Orkla ASA reported a 4.7% increase in operating revenues to 17.7 billion kroner, with organic growth at 3.8%. Despite a 12.6% decline in pre-tax profits due to the previous year’s sale of Lilleborg, the company highlighted strong performances in Orkla Food Ingredients and Orkla India. Orkla India’s submission of a draft prospectus to the Indian financial authority marks a significant milestone, reflecting the company’s ongoing efforts to emphasize its values.
The most recent analyst rating on (GB:0FIN) stock is a Buy with a NOK114.00 price target. To see the full list of analyst forecasts on Orkla ASA stock, see the GB:0FIN Stock Forecast page.
More about Orkla ASA
Orkla ASA is a leading industrial investment company focused on brands and consumer-oriented businesses. It operates with a strategic approach to investments, leveraging brand expertise and an investment company perspective. Headquartered in Oslo, Norway, Orkla is listed on the Oslo Stock Exchange and had a turnover of approximately 71 billion kroner in 2024.
YTD Price Performance: 18.90%
Average Trading Volume: 1,373,995
Current Market Cap: NOK106.9B
For detailed information about 0FIN stock, go to TipRanks’ Stock Analysis page.