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ORK — Orkla ASA News Story

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Brief: Orkla Q2 Adjusted EBIT NOK 1.8 Bln

BRIEF-Orkla Q2 Adjusted EBIT NOK 1.8 Bln

- Orkla ASA ORK.OL:

  • Q2 ADJUSTED EPS NOK 1.6 VERSUS. IBES ESTIMATE NOK 1.58

  • Q2 EBIT (ADJUSTED) DOWN 5.3% TO 1.8 BILLION

  • Q2 REVENUE NOK 16,699 MILLION VERSUS IBES ESTIMATE NOK 17,586 MILLION

  • PAID 6 BILLION IN DIVIDENDS TO SHAREHOLDERS DURING Q2

  • Q2 REPORTED OPERATING REVENUES DECLINE 5.4% TO 16.7 BILLION

  • Q2 ADJUSTED EBIT NOK 1,774 MILLION VERSUS IBES ESTIMATE NOK 1,852 MILLION

  • ORGANIC REVENUE GROWTH IN CONSOLIDATED PORTFOLIO COMPANIES WAS FLAT THIS QUARTER, PARTLY DUE TO EASTER-RELATED SALES PHASING AGAINST Q1

Source text: ID:nMFN305YD3

Further company coverage: ORK.OL


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