Brief: Orkla Targets Annual Total Shareholder Return Of 12-14%

Orkla ASA

29/11/2023 08:04

Nov 29 (Reuters) - Orkla ASA  ORK.OL :
    * ORKLA TARGETING ANNUAL TOTAL SHAREHOLDER RETURN OF 12-14%
    * VALUE CREATION POTENTIAL FOR ORKLA'S CONSOLIDATED
PORTFOLIO
COMPANIES IS ESTIMATED TO BE NOK 40-45 BN
    * WILL MAINTAIN A FINANCIAL AND BUSINESS RISK PROFILE
CONSISTENT
WITH AN INVESTMENT GRADE CREDIT QUALITY, AND A NET DEBT TO
EBITDA RATIO OF 2.5
    * AN UNDERLYING EBIT (ADJUSTED.) CAGR OF 8-10% IN PERIOD
2023-2026
FOR CONSOLIDATED PORTFOLIO COMPANIES
    * A ROCE IMPROVEMENT FROM 10% TO 13% IN PERIOD 2023-2026 FOR
CONSOLIDATED PORTFOLIO COMPANIES

Source text for Eikon:  ID:nWkryh3zC 
Further company coverage:  ORK.OL 

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