Orkla ASA

Orkla is a consumer goods company in the Nordic and Baltic regions. The Branded Consumer Goods area comprises five business areas: Orkla Foods, Orkla Confectionery and Snacks, Orkla Home and Personal, Orkla International and Orkla Food Ingredients. Co.'s other businesses consist of Granges, a supplier of solutions for the heat exchanger industry; Hydro Power, which produces and supplies power to the Nordic power market; and Orkla Financial Investment, which consists of Orkla Eiendom; in addition to its investments in Sapa (JV), which is engaged in extruded aluminium solutions; and Jotun AS, which is a manufacturer of paint and powder coatings.
  • TickerORK
  • ISINNO0003733800
  • ExchangeOslo Bors
  • SectorFood Producers
  • CountryNorway

Analysts

1 director maiden bought

A director at Orkla Asa maiden bought 27,500 shares at 80.910NOK and the significance rating of the trade was 74/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of b...

Ole Martin Westgaard

Orkla (Sell, TP: NOK65.00) - Care needs care

The Q2 results were broadly in line with expectations, with organic growth still in a positive territory. However, the surprisingly soft organic growth and outlook for the Care segment disappointed. We reiterate our SELL and NOK65 target price, as the recent sector revaluation offsets our slightly reduced estimates. We still find the valuation uninspiring

Ole Martin Westgaard

Orkla (Sell, TP: NOK65.00) - Q2 in line with expectations

We believe this was a neutral report for Orkla, including figures more or less in line with expectations, continued slight positive organic growth for BCG, and no change to the guidance. We expect no significant changes to consensus on the back of the report, and believe a neutral share price reaction is warranted.

Ole Martin Westgaard

Orkla (Sell, TP: NOK65.00) - Organic growth remains elusive

Orkla is due to report its Q2 results at 07:00 CET on 12 July. We remain cautious ahead of the results and expect no meaningful EBIT growth in BCG YOY, adjusted for acquisitions. We reiterate our SELL and NOK65 target price as we continue to find the valuation rich for what we believe is a questionable growth profile.

1 director maiden bought

A director at Orkla Asa maiden bought 27,500 shares at 80.910NOK and the significance rating of the trade was 74/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of b...

Jon Berggren ...
  • Ole Martin Westgaard
  • Ole-Andreas Krohn
  • Patrik Ling

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