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Orkla - Third quarter 2002
Revenues 10,545 (11,283)
EBITA excl. other revenues and expenses 1,071 (1,044)
Portfolio gains -26 (-335)
Profit before tax 779 (370)
Enclosed to www.orkla.com please find quarterly report, spreadsheets and presentation.
Highlights
- Satisfactory operational performance in challenging environments
- Strong performance for Brands
- Improvements for Beverages partly offset by currency effects and weak performance in some markets
- Media weak as expected, but improvement from last year
- The return on the investment portfolio was -14.2 % year to date compared with OSE -33.8 %
The report
Rune Helland, VP Investor Relations, Tel: +47 2254 4411
Erik Thuestad, AVP Investor Relations, Tel: +47 2254 4425
Date: 07.11.02
Date: 07. nov 2002 Kl 08.11
