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Briefing: How is gluten-free faring in Europe?

Much of the commentary around the rise of gluten free has focused on the US, a market that alone accounted for a quarter of global sales in...

Focus: FMCG takes front-seat as Orkla changes CEO

Nordic group Orkla has replaced former CEO Åge Korsvold just two years after he took the helm. With reports of boardroom strife in the Norwe...


Briefing: How is gluten-free faring in Europe?

Dean Best | 29 Jul 2015

Much of the commentary around the rise of gluten free has focused on the US, a market that alone accounted for a quarter of global sales in 2014. But what about the opportunities in Europe? The UK, home to its own well developed gluten-free category, also attracts column inches and, despite some concerns about the maturation of the market still offers opportunities. On the continent, a clutch of western European countries are home to categories at different stages of development. In the first part of our management briefing looking at Europe's gluten-free sector, we provide a run-down of the region's major markets - and hint at the countries to watch.


India briefing: The challenge of distribution

Raghavendra Verma | 31 Oct 2013

India is a country of markets within markets, involving numerous languages, varying tastes and cultural preferences - posing challenges to nationwide advertising and marketing and hindering pan-Indian distribution. Such problems are hindering growth but, as Raghavendra Verma writes from New Delhi, there are solutions for FMCG companies.


Orkla praised for Rieber deal despite high price

Dean Best | 22 Aug 2012

Orkla, the Norwegian conglomerate with interests in aluminium and finance as well as pizza and chocolate, wants to focus on consumer goods. This week, Orkla agreed to buy local food group Rieber & Son and, although analysts expressed misgivings at the price it paid, they believe it is a sensible move from the company. Dean Best reports.


Orkla branded focus "on track", says CEO

Michelle Russell | 20 Jul 2012

Norwegian conglomerate Orkla has said plans to focus on brands are "on track" despite the unit delivering a drop in first-half profits today (20 July).

Latest Interviews

just-food interview part 2: Orkla eyes growth

Katy Askew | 14 Nov 2013

With a stable of leading brands in the Nordics, Orkla is a regional powerhouse. However, a lack of focus has resulted in a sluggish performance from its food business for a number of years. CEO Age Korsvold intends to reverse this trend and has set out an ambitious plan that he believes will drive top-line growth and improved profitability. Katy Askew found out more.


The just-food interview: Orkla's transformation

Katy Askew | 13 Nov 2013

Norwegian conglomerate Orkla has decided to focus on its consumer goods business and is selling off non-core assets that span sectors from energy to finance. The company hopes this new-found clarity will enable it to bring vibrancy to its leading regional food brands. In part one of the just-food interview, Katy Askew spoke to chief executive Age Korsvold to find out more about the strategy.

Latest News

Orkla hails "continued improvement" in Q2

Katy Askew | 17 Jul 2015

Innovation and cost savings contributed to “continued improvement” at Orkla's branded consumer goods business in the second quarter, where operating profit increased 11% year-on-year.


Orkla eyes organics, soy with Bioquelle deal

Dean Best | 22 Jun 2015

Norway-based group Orkla has struck a deal to buy Austrian firm Bioquelle.


Orkla buys Swedish meat-free firm Anamma

Hannah Abdulla | 12 May 2015

Norway's Orkla has announced the acquisition of Swedish frozen vegan food maker Anamma Foods.


Orkla buys Icelandic firm Nonni Litli

Dean Best | 12 May 2015

Norway-based food group Orkla has snapped up a majority stake in Icelandic firm Nonni Litli.


Orkla FMCG sales, profits rise in Q1

Dean Best | 7 May 2015

Orkla has reported higher first-quarter sales and underlying profits from branded consumer goods, a business on which the Norway-based group is increasingly looking to focus.


Food industry quotes of week: Gardein, Mondelez

Hannah Abdulla | 1 May 2015

This week, Mondelez International reported its first-quarter results, with news of a solid performance in China. Elsewhere, Associated British Foods announced the launch of a high-protein bread in New Zealand. Yves Potvin, founder of meat-free brand Gardein, spoke to just-food about its plans under the ownership of Pinnacle Foods. And Kerry Group said moves to reposition its portfolio to focus on snacking trends were paying off. Here is the week in quotes.


Orkla, PepsiCo expand Nordics deal

Dean Best | 27 Apr 2015

Orkla is to distribute more PepsiCo products in the Nordic region, adding cereal and snacks lines to the juice brand Tropicana the company handles for the US giant.


Orkla pulls palm oil from Smash chocolate

Dean Best | 14 Apr 2015

Orkla has removed the palm oil from its Smash chocolate on sale in Norway and Finland as part of ongoing plans to reduce its use of the ingredient.


Orkla pumps US$16m into Fredrikstad plant

Hannah Abdulla | 20 Mar 2015

Orkla has announced a NOK130m investment in its Fredrikstad plant.


Orkla reports recovery of foods unit in Q4

Hannah Abdulla | 5 Feb 2015

Norwegian conglomerate Orkla saw sales and profitability from Orkla Foods, its largest division, improve in the last three months of 2014 "after several weak quarters".


Orkla sells Russian confectionery business

Katy Askew | 1 Dec 2014

Orkla has entered into an agreement to offload its Russian confectionery business to Slavyanka-Lyuks, a member of Russian confectionery group Slavyanka, for an undisclosed sum.


Orkla Q3 profits miss analyst forecasts

Dean Best | 3 Nov 2014

Norway-based consumer goods group Orkla has reported higher third-quarter profits but earnings missed analyst forecasts amid pressure on the company's foods unit.


Orkla eyes Baltic boost with NP Foods buy

Hannah Abdulla | 26 Aug 2014

Norway's Orkla has said it is hoping to boost its presence in the Baltic states with the acquisition of Latvia-based food manufacturer NP Foods Group.


Orkla operating profit jumps on efficiencies

Katy Askew | 17 Jul 2014

Nordic consumer goods giant Orkla today (17 July) booked a 19% increase in second-quarter operating profit, boosted by savings from the integration of 2012 acquisition Rieber & Søn


Orkla sells Polish baking mix business

Katy Askew | 27 May 2014

Nordic food group Orkla struck a deal to sell its Polish cake mixes and desserts business, Rieber Foods Polska ("Delecta"), to an investment fund managed by Innova Capital.


Orkla to close Norway flatbread plant

Katy Askew | 23 May 2014

Orkla has announced plans to wind up production at its flatbread manufacturing facility in Lierne in Norway.


New Orkla CEO Ruzicka takes the reins

Katy Askew | 11 Feb 2014

Orkla's new chief executive, Peter Ruzicka, took the helm at the Nordic consumer goods giant yesterday (10 February).


Orkla Q4 earnings slip despite sales gain

Katy Askew | 11 Feb 2014

Nordic consumer goods company Orkla has booked a drop in fourth-quarter operating profit, despite an improved top-line performance.


Quote, unquote: just-food's week in words

Dean Best | 25 Nov 2013

Last week saw the latest in our series of just-food interviews, with Greencore CEO Patrick Coveney talking horsemeat, the ups and downs of M&A attempts and expansion in the US. The last five days also saw Burton's Biscuit Co. sold and more underwhelming results in the US with Campbell Soup Co.'s profit warning.


Editor's choice: the highlights on just-food

Dean Best | 18 Nov 2013

All three bidders for Australian dairy Warrnambool Cheese and Butter Factory tabled revised offers this week - with the takeover target still backing Canada's Saputo. Meanwhile, Mexican food group Sigma has made a move for Spanish meats firm Campofrio. And our latest just-food interview saw Orkla CEO Age Korsvold talk about the Nordic group's plans for FMCG.


Quote, unquote: just-food's week in words

Katy Askew | 18 Nov 2013

This week saw a continued focus on M&A, as further evidence of the global trend towards consoidation in the sector emerged. The battle for Australia's Warrnambool Cheese and Butter Factory rumbled on and Mexico's Sigma launched a takeover bid for Spain's Campofrio.


Rieber acquisition drives Orkla Q3 growth

Katy Askew | 30 Oct 2013

Nordic food group Orkla has said third-quarter sales and profit growth was driven by its recent acquisition of Rieber & Son.

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