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Orkla
Consumer goods / Branded consumer goods, aluminium solutions and financial investments
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Overview
The Orkla company is a leading supplier of branded consumer goods and services to the Nordics, Baltics and selected markets in Central Europe. It was founded in 1654 as a sawmill and has since evolved into a diverse group of over 300 companies, with operations in various industries including food and beverage, consumer goods, real estate, financial services, and renewable energy.
The company is headquartered in Oslo, Norway and employs approximately 20,000 people. Its main focus is on developing and marketing strong brands that meet the needs and preferences of consumers in different markets.
Orkla's core values are rooted in its long-standing history and Scandinavian heritage of trust, transparency, and sustainability. The company is committed to creating value for its stakeholders, including customers, employees, shareholders, and the communities in which it operates.
Orkla's business strategy is centered on being a leading branded consumer goods company in the Nordics and Baltics, while also selectively pursuing growth opportunities in other markets. This involves continuously developing and improving its portfolio of products and services, investing in innovation and sustainability, and expanding into new markets through acquisitions and partnerships.
In addition to its commercial operations, Orkla also has a strong focus on corporate social responsibility. This includes initiatives to reduce its environmental impact, promote diversity and inclusion, and support local communities through various social and philanthropic initiatives.
Overall, the Orkla company is a well-respected and established player in the European consumer goods market, with a strong commitment to its values and its stakeholders.
The company is headquartered in Oslo, Norway and employs approximately 20,000 people. Its main focus is on developing and marketing strong brands that meet the needs and preferences of consumers in different markets.
Orkla's core values are rooted in its long-standing history and Scandinavian heritage of trust, transparency, and sustainability. The company is committed to creating value for its stakeholders, including customers, employees, shareholders, and the communities in which it operates.
Orkla's business strategy is centered on being a leading branded consumer goods company in the Nordics and Baltics, while also selectively pursuing growth opportunities in other markets. This involves continuously developing and improving its portfolio of products and services, investing in innovation and sustainability, and expanding into new markets through acquisitions and partnerships.
In addition to its commercial operations, Orkla also has a strong focus on corporate social responsibility. This includes initiatives to reduce its environmental impact, promote diversity and inclusion, and support local communities through various social and philanthropic initiatives.
Overall, the Orkla company is a well-respected and established player in the European consumer goods market, with a strong commitment to its values and its stakeholders.
What is special about the company?
There are several things that make Orkla a unique and special company:
1. History: Orkla was founded in Norway in 1654, making it one of the oldest companies in Europe. This long history has provided Orkla with a strong foundation and a deep understanding of the industries in which it operates.
2. Diversified portfolio: Orkla has a diverse portfolio of businesses in different industries, including branded consumer goods, aluminum extrusion, renewable energy, and financial investments. This diversity helps to protect the company against economic fluctuations and allows it to navigate through changing market conditions.
3. Strong brands: Orkla's products and brands are well-known and trusted by consumers in the Nordic region and beyond. Some of its well-known brands include Orkla Foods, Stabburet, Lilleborg, Pierre Robert, and Elkem.
4. Sustainability focus: Orkla is committed to sustainability and has set ambitious goals to reduce its environmental impact. It has also invested in renewable energy and is actively working to reduce its carbon footprint.
5. Innovation: Orkla is constantly innovating and adapting to changing consumer preferences and market trends. The company invests heavily in research and development and has a dedicated team focused on innovation.
6. Corporate responsibility: Orkla is committed to being a responsible company and has implemented a number of initiatives to support its employees, communities, and the environment. It also actively supports and participates in various social and charitable causes.
7. Strong financial performance: Orkla has a track record of delivering strong financial performance and generating value for its shareholders. It has consistently achieved growth in revenue and profitability and has a strong balance sheet.
1. History: Orkla was founded in Norway in 1654, making it one of the oldest companies in Europe. This long history has provided Orkla with a strong foundation and a deep understanding of the industries in which it operates.
2. Diversified portfolio: Orkla has a diverse portfolio of businesses in different industries, including branded consumer goods, aluminum extrusion, renewable energy, and financial investments. This diversity helps to protect the company against economic fluctuations and allows it to navigate through changing market conditions.
3. Strong brands: Orkla's products and brands are well-known and trusted by consumers in the Nordic region and beyond. Some of its well-known brands include Orkla Foods, Stabburet, Lilleborg, Pierre Robert, and Elkem.
4. Sustainability focus: Orkla is committed to sustainability and has set ambitious goals to reduce its environmental impact. It has also invested in renewable energy and is actively working to reduce its carbon footprint.
5. Innovation: Orkla is constantly innovating and adapting to changing consumer preferences and market trends. The company invests heavily in research and development and has a dedicated team focused on innovation.
6. Corporate responsibility: Orkla is committed to being a responsible company and has implemented a number of initiatives to support its employees, communities, and the environment. It also actively supports and participates in various social and charitable causes.
7. Strong financial performance: Orkla has a track record of delivering strong financial performance and generating value for its shareholders. It has consistently achieved growth in revenue and profitability and has a strong balance sheet.
What the company's business model?
The Orkla company is a leading supplier of branded consumer goods and services. Its business model focuses on building strong and trusted brands, creating long-term relationships with customers, and continuously developing and innovating products and services. The company operates in several industries including food, beverages, personal care, and consumer goods. Its business model can be summarized as follows:
1. Strong Brands: Orkla's business strategy is centered on building and nurturing a portfolio of strong and recognizable brands. These brands have a loyal customer base and are well-positioned in their respective markets.
2. Diversified Product and Service Portfolio: The company's product portfolio includes a wide range of consumer goods and services, such as food, beverages, personal care products, hygiene products, and home products. This diversification allows Orkla to reach a broad customer base and reduce its dependence on any single product or market.
3. Innovation and Continuous Improvement: Orkla emphasizes innovation and continuous improvement in its product and service offerings. The company invests in research and development to develop new products, improve existing ones, and diversify into new markets.
4. Close Customer Relationships: Orkla maintains close relationships with its customers by understanding their needs and preferences, and tailoring its products and services to meet them. The company also engages in various marketing activities to promote and strengthen its brands.
5. Sustainable Practices: Orkla integrates sustainability into its business model, from sourcing and production to distribution and waste management. The company aims to minimize its impact on the environment and be a responsible corporate citizen.
6. Strategic Acquisitions: Orkla's growth strategy includes strategic acquisitions to expand its product portfolio and enter new markets. The company carefully evaluates potential acquisitions and focuses on integrating them effectively into its business model.
7. Sound Financial Management: Orkla maintains a sound financial management strategy to ensure stable growth and profitability. This includes cost management, efficient supply chain management, and investment in long-term growth initiatives.
1. Strong Brands: Orkla's business strategy is centered on building and nurturing a portfolio of strong and recognizable brands. These brands have a loyal customer base and are well-positioned in their respective markets.
2. Diversified Product and Service Portfolio: The company's product portfolio includes a wide range of consumer goods and services, such as food, beverages, personal care products, hygiene products, and home products. This diversification allows Orkla to reach a broad customer base and reduce its dependence on any single product or market.
3. Innovation and Continuous Improvement: Orkla emphasizes innovation and continuous improvement in its product and service offerings. The company invests in research and development to develop new products, improve existing ones, and diversify into new markets.
4. Close Customer Relationships: Orkla maintains close relationships with its customers by understanding their needs and preferences, and tailoring its products and services to meet them. The company also engages in various marketing activities to promote and strengthen its brands.
5. Sustainable Practices: Orkla integrates sustainability into its business model, from sourcing and production to distribution and waste management. The company aims to minimize its impact on the environment and be a responsible corporate citizen.
6. Strategic Acquisitions: Orkla's growth strategy includes strategic acquisitions to expand its product portfolio and enter new markets. The company carefully evaluates potential acquisitions and focuses on integrating them effectively into its business model.
7. Sound Financial Management: Orkla maintains a sound financial management strategy to ensure stable growth and profitability. This includes cost management, efficient supply chain management, and investment in long-term growth initiatives.
Interesting facts about the company
1. The Orkla company was founded in 1654 in the town of Orkanger, Norway, making it one of the oldest companies in the country.
2. Originally, the company was a water-powered sawmill that produced timber, but it later expanded its operations to include textile manufacturing.
3. Orkla is the largest consumer goods company in the Nordic region, with over 19,000 employees and operations in more than 40 countries.
4. The company’s name comes from the river Orkla, which flows through the town of Orkanger and was the source of power for the original sawmill.
5. Apart from its consumer goods division, Orkla also has interests in media, financial services, and real estate.
6. Orkla has a strong focus on sustainability and has set ambitious goals to reduce its carbon footprint and increase its use of renewable energy sources.
7. The company owns several popular brands, including Orkla Foods, which produces foods and snacks, Orkla Care, which produces personal care products, and Orkla Confectionery & Snacks, which produces sweets and snacks.
8. In 2018, Orkla was ranked as the world’s most sustainable food, beverage and tobacco company by the Dow Jones Sustainability Index.
9. Orkla has a strong presence in the emerging markets of Eastern Europe and Asia, with significant investments in countries like Russia, Poland, and India.
10. In addition to its consumer brands, Orkla also owns a number of industrial companies, including Elkem, a leading producer of silicon-based materials.
See Company Due Diligence:
2. Originally, the company was a water-powered sawmill that produced timber, but it later expanded its operations to include textile manufacturing.
3. Orkla is the largest consumer goods company in the Nordic region, with over 19,000 employees and operations in more than 40 countries.
4. The company’s name comes from the river Orkla, which flows through the town of Orkanger and was the source of power for the original sawmill.
5. Apart from its consumer goods division, Orkla also has interests in media, financial services, and real estate.
6. Orkla has a strong focus on sustainability and has set ambitious goals to reduce its carbon footprint and increase its use of renewable energy sources.
7. The company owns several popular brands, including Orkla Foods, which produces foods and snacks, Orkla Care, which produces personal care products, and Orkla Confectionery & Snacks, which produces sweets and snacks.
8. In 2018, Orkla was ranked as the world’s most sustainable food, beverage and tobacco company by the Dow Jones Sustainability Index.
9. Orkla has a strong presence in the emerging markets of Eastern Europe and Asia, with significant investments in countries like Russia, Poland, and India.
10. In addition to its consumer brands, Orkla also owns a number of industrial companies, including Elkem, a leading producer of silicon-based materials.
See Company Due Diligence:
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