Norway's Orkla Q1 adjusted EPS beats on volume growth

Orkla ASA

20/05/2026 06:08

Overview

Norway industrial investment firm's Q1 adjusted EPS rose yr/yr, beating analyst expectations

Q1 operating revenues grew 1.3%, with 4.9% organic growth in portfolio companies

Company notes volume and earnings growth in most portfolio companies, led by Orkla Snacks and Jotun

Outlook

Orkla says geopolitical situation introduces increased uncertainty, especially related to input factor costs

Company says portfolio companies are implementing mitigating actions to address input cost uncertainty

Result Drivers

PORTFOLIO COMPANY GROWTH - Co said most portfolio companies saw volume and earnings growth, led by Orkla Snacks and Jotun

INPUT COST UNCERTAINTY - Co said geopolitical situation has increased uncertainty related to input factor costs

MITIGATING ACTIONS - Co said portfolio companies are implementing mitigating actions to address input cost uncertainty

Company press release: ID:nMFNb0cGdl

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Adjusted EPS
Beat
NOK 1.75
NOK 1.62 (3 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 7 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the food processing peer group is "buy."

Wall Street's median 12-month price target for Orkla ASA is NOK123.00, about 7.4% above its May 19 closing price of NOK114.50

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)