Orkla ASA (ORK) Earnings Call Transcripts

Orkla ASA's Latest Earnings Call - Q1 FY2026

In Orkla ASA's Q1 2026 earnings call, the company reported operating revenues of NOK 17.4 billion, a 1.3% increase year-over-year, while adjusted earnings per share rose 4% to NOK 1.75. The organic growth of 4.9% was driven by strong performance across portfolio companies, particularly in Orkla Food Ingredients and Orkla Snacks. Management maintained guidance for the year, indicating that while input costs are expected to rise, they do not foresee a repeat of the inflationary pressures experienced post-pandemic.

Reported metrics

Guidance from management

Management maintained its three-year financial targets, indicating that underlying EBIT growth remains on track. They expect to manage rising input costs through tailored mitigating actions across the portfolio.

What management said

Thank you, Arve. Returning to our three strategic priorities. We continue to drive organic value within the existing portfolio with progress in line with consolidated targets. We are also reducing complexity across the portfolio, including targeted divestment at the portfolio company level. Recent examples include the divestments by Orkla Food Ingredients and Orkla Snacks of noncore operation in Iceland. Lastly, in...

Welcome back, and we're now ready to start the Q&A. We're going to begin with the video Q&A with the analysts and you're welcome to submit questions via the web as well, and we'll take those afterwards. So it looks like our first question comes from Ole Martin Westgaard in DNB Carnegie.

What analysts pressed on

Analysts expressed concerns regarding the impact of rising input costs and the ongoing challenges in Orkla Health. There were questions about the potential effects of factory closures on profitability and how the geopolitical situation might impact future earnings.

Main topics on the call

• Organic Growth Performance — Orkla achieved organic growth of 4.9% in Q1 2026, with contributions from all portfolio companies. CEO Nils Selte noted, 'Growth was particularly high in Orkla Food Ingredients, Orkla Snacks and Orkla Food.'
• Challenges in Orkla Health — Orkla Health is facing a challenging year, with management indicating, 'We don't expect that to be satisfactory for this year in total.' The closure of three factories is expected to impact profitability negatively in th...
• Jotun's Performance and Outlook — Jotun reported a 16% underlying EBIT growth, although profit to Orkla declined by 5.8%. Management highlighted, 'Jotun faces a high degree of uncertainty related to the Middle East conflict,' which may impact future perf...
• Input Cost Pressures — Management acknowledged upward pressure on energy, freight, and packaging-related costs. They stated, 'We do not expect an inflationary impact comparable to the post-pandemic period,' suggesting a more controlled approac...

Read the full Orkla ASA transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 33 Orkla ASA earnings call transcripts on record, spanning February 6, 2020 to July 10, 2026. Based on this history, Orkla ASA reports quarterly. The most recent call on file is dated July 10, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

ORK

Exchange

OB

Country

NO

Sector

Consumer Staples

Industry

Food Products

Calls on record

33

First call

February 6, 2020

Most recent

July 10, 2026

Reporting cadence

quarterly