NORWAY: Orkla CEO resigns, Q1 profits slide
By Michelle Russell | 30 April 2012
The CEO of Norwegian conglomerate Orkla has stepped down as the company today (30 April) reported a 56% drop in first-quarter earnings.
just-food articles are only available to registered users and members.
Join now for increased access
There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.
If you’re already a member, login here.
The CEO of Norwegian conglomerate Orkla has stepped down as the company today (30 April) reported a 56% drop in first-quarter earnings.
- Unlimited access to all the latest global food news and insight
- Expert analysis that puts the news into context
- Exclusive interviews with leading industry figures
- Monthly management briefings with detailed analysis on hot topics
- Personalised RSS feeds and email newsletters
- 10-year archive of news, insight and intelligence
- Discounts on just-food market research
- Plus much more
If you’re already a member, login here
More articles related to this one
NORWAY: Costs hit Rieber & Søn Q3 profit
Norwegian food group Rieber & Søn has booked a drop in third-quarter profits, hit by one-off costs.
NORWAY: Norgesgruppen H1 profits, sales rise
Norway-based retailer Norgesgruppen has reported rises in both sales and profits for the first half of its fiscal year.
Editor's choice: the highlights on just-food this week
Europe's food sector saw its latest piece of consolidation this week with Orkla's bid to buy Nordic rival Rieber & Son. Elsewhere, US food group Hain Celestial continued its UK expansion with its deal to acquire brands from Premier Foods. Tesco grabbed the headlines with its U-turn on nutrition labels and we had a run of retail results from grocers including Ahold, Delhaize and Russia's X5 Retail Group.
Market research related to this article
Orkla ASA (ORK) - Financial and Strategic SWOT Analysis Review
Orkla ASA (Orkla) is a Norway-based conglomerate, engaged in consumer goods, renewable energy and financial investment sectors. It also operates in aluminum solutions and environment-friendly metals and materials sectors. The company manufactures a v...
Savory Snacks - Scandinavia Industry Guide
Savory Snacks - Scandinavia Industry Guide is an essential resource for top-level data and analysis covering the Savory Snacks industry in each of the Scandinavian (Denmark, Norway and Sweden) countries. The report includes easily comparable data on ...
Confectionery in Norway
Confectionery in Norway industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2006-10, and forecast to 2015). The profile also contains descriptions of the leading p...
