Picture of Orkla ASA logo

ORK Orkla ASA News Story

0.000.00%
no flag iconLast trade - 00:00
Consumer DefensivesConservativeLarge CapNeutral

Orkla shares rise on buyback plan

** Shares in Orkla ORK.OL rise around 3% after the Norwegian food processing company started a share buyback programme and posted Q3 results

** Pareto Securities analyst Phillihp Bjerke points to the "very strong" results from Jotun and the 4 billion Norwegian crowns ($398 million) buyback as reasons for the move

** Jotun delivered sales growth of 4%, Orkla says in earnings report

($1 = 10.0431 Norwegian crowns)

 (Reporting by Vera Dvorakova)

 ((Vera.Dvorakova@thomsonreuters.com))

Recent news on Orkla ASA

See all news