Orkla Q2 underlying EBIT (adj.) rises 2.5% year over year to NOK 1.8 billion; revenue falls 5.4% to NOK 16.7 billion

Reuters2026/08/20 05:09

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Orkla Q2 revenue fell 5.4% to NOK 16.7 billion, as negative currency translation weighed on reported results.
Underlying EBIT (adj.) at consolidated portfolio companies rose 2.5% year over year; group EBIT (adj.) dropped 5.3% to NOK 1.8 billion.
Adjusted EPS climbed 2.6% to NOK 1.60; profit from Jotun increased 17% to NOK 494 million.
Paid NOK 6 billion in dividends during the quarter; completed a share buyback program in July after repurchasing NOK 4 billion since November 2025.
CEO Nils K. Selte cited below-ambition growth, ongoing focus on volume gains and cost efficiency, and highlighted acquisitions including Orkla Snacks’ European Candy Group deal.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Orkla ASA published the original content used to generate this news brief on August 20, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Orkla Q2 underlying EBIT (adj.) rises 2.5% year over year to NOK 1.8 billion; revenue falls 5.4% to NOK 16.7 billion

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