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Orkla (ORK) investor relations material
Orkla AGM 2026 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Opening remarks and agenda
AGM opened by Liselott Kilaas, acting for the Chair due to his absence for medical reasons.
Meeting held digitally, with practical instructions provided for participation and voting.
Notice of meeting sent to all shareholders and published online; meeting declared legally convened.
77.23% of share capital represented at the meeting.
Financial performance review
Organic growth reached 3.5% in 2025, with volume growth of 0.9%.
Underlying EBIT growth was 7% for consolidated portfolio companies; cash conversion rate at 101%.
Profit before tax was NOK 8.4 billion on revenues of nearly NOK 72 billion; EPS up 13% to NOK 6.8.
Cash flow from operations was NOK 7.8 billion; CapEx focused on production capacity.
Buyback program launched for NOK 4 billion; robust balance sheet with net debt/EBITDA at 1.4x.
Board and executive committee updates
Board composition and attendance introduced; new board members and re-elections proposed.
Nomination committee explained process for board nominations and highlighted focus on board expertise.
- Aims for 12-14% annual TSR with stable dividends and a NOK 4B share buyback in 2025-26.ORK
Investor presentation11 Mar 2026 - Q4 2025 saw strong growth, margin expansion, and major portfolio and capital moves.ORK
Q4 202512 Feb 2026 - Strong EBIT and EPS growth, margin gains, and strategic moves highlight robust performance.ORK
Q2 20243 Feb 2026 - Q3 delivered 10% EPS and 17% EBIT growth, strong cash flow, and broad segment gains.ORK
Q3 202418 Jan 2026 - Strong global growth, robust financials, and sustainability leadership position for future expansion.ORK
Investor lunch presentation16 Jan 2026 - Targeting 12-14% annual TSR with a focus on organic growth and portfolio optimization.ORK
UBS Global Consumer and Retail Conference presentation16 Jan 2026 - Strong TSR, streamlined portfolio, and operational focus drive progress toward 2026 targets.ORK
Capital Markets Update 202516 Jan 2026 - Targets 12-14% annual TSR with NOK 70.7bn revenue and a diversified consumer-focused portfolio.ORK
SEB Nordic Seminar presentation16 Jan 2026 - Strong growth, margin expansion, and asset sales drive a proposed NOK 10 dividend.ORK
Q4 20248 Jan 2026
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