In the same period Orkla increased EBIT (adj.) by 5.5% to NOK 1.9 billion compared to the same period last year. Underlying EBIT (adj.) for the consolidated portfolio companies (including Orkla ASA) increased by 2.5%.

Profit from associated companies totalled NOK 422 million, primarily related to Orkla’s 42.7% ownership share in Jotun.

Profit before tax ended at NOK 2.1 billion, down 12.6% year over year. This is primarily due to the sale of Lilleborg in the same quarter last year.

Earnings per share (adj.) for the quarter was NOK 1.56, in line with the second quarter of 2024.

In June, Orkla India filed a draft red herring prospectus with the Securities and Exchange Board of India. This marks an important milestone in Orkla India’s pursuit of structural options to unlock value.

“The overall performance of Orkla’s portfolio continued to progress towards our long-term targets. However, the pace was somewhat slower than in previous periods, with mixed developments across our portfolio companies. Given the diversity of our portfolio, it is natural that some companies may underperform in the short term while others outperform. I must draw particular attention to the strong performances of Orkla Food Ingredients and Orkla India. I am also impressed by how Orkla Snacks successfully navigated through challenging market conditions,” says Orkla President and CEO Nils K. Selte.

About Orkla
Orkla ASA is a leading industrial investment company within brands and consumer-oriented businesses. At present, Orkla has 10 portfolio companies. The company takes a long-term and strategic approach to its investments, creating value by combining brand expertise with an investment company mindset. Orkla is listed on the Oslo Stock Exchange and is headquartered in Oslo, Norway. Orkla had a turnover of approximately NOK 71 billion in 2024.

Orkla ASA
Oslo, 14 July 2025

Ref.:
SVP Investor Relations & Communication
Annie Bersagel
Mobile.: +47 986 03 664
Email: annie.bersagel@orkla.no

VP Financial Communication
Joachim Gresslien
Mobile.: +47 907 25 018
Email: joachim.gresslien@gmail.com   

An Excel spreadsheet with key figures may be found at https://www.orkla.com/investors/

This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.

This stock exchange announcement was published by Ole Andreas Steensland Dahl, Investor Relations Manager at Orkla ASA, on 14 July 2025 at 07:00 CEST.