Orkla ASA Sponsored ADR (ORKLY)

Overview

Orkla ASA is a diversified company deeply ingrained in the branded consumer goods sector alongside maintaining interests in industrial and financial investments. Founded in 1918, Orkla has anchored its reputation on providing a wide array of branded products that intersect daily consumer needs. Its operations span across a broad geographic expanse, including Norway, Sweden, Denmark, Finland, Iceland, the Baltics, the rest of Europe, and international markets. With a strategic focus on offering quality and convenience, Orkla has built a portfolio that caters to a variety of consumer preferences and habits, from everyday meals to personal care and hygiene. The company’s headquarters are situated in Oslo, Norway, embodying a century's legacy of market presence and consumer trust.

Products and Services

Food Products: Orkla stakes a significant claim in the food industry with an assortment of brands like Grandiosa, TORO, Stabburet, Felix, Paulúns, Fun Light, Abba, Beauvais, Kalles, Den Gamle Fabrik, Hamé, and Vitana. They offer everything from frozen pizza, ketchup, soups, sauces, bread toppings, and ready-to-eat meals to confectionery, biscuit, and snack products. Complementing these are spices, masalas, and a variety of food products based on dried mixes, catering to both retail grocery channels and food service sectors including convenience stores and petrol stations.

Personal Care and Household Products: The company diversifies into personal care, hygiene, laundry detergent, and cleaning products with brands such as Zalo, OMO, Blenda, Jif, Define, Solidox, Dr Greve, Lano, and Bliw. This range ensures that consumer needs for everyday cleanliness and personal hygiene are comprehensively met.

Health Products: Orkla extends its product range to include dietary supplements, oral care, sport nutrition, and weight control products under brands like Möller's, Jordan, Vitalab, OSL, Cederroth First Aid, Salvequick, Livol, Nutrilett, Maxim, Collett, Solidox, and CuraMed. They prioritize consumer health through a variety of supplements and nutritional products.

Food Ingredients and Other Products: The company also engages in the production and supply of margarine and butter blends, bread and cake improvers and mixes, yeast, marzipan, and ice cream ingredients. In addition, Orkla supplies hydro power to the Nordic power market and involves in the development and sales of real estate properties. Their food ingredients umbrella includes renowned brands such as Odense, Mors Hjemmebakte, KronJäst, Bakkedal, and NATURLI, catering to both professional bakers and home cooking enthusiasts.

E-commerce and Restaurants: Embracing digital sales channels, Orkla operates e-commerce portals like Gymgrossisten, Proteinfabrikken, Bodystore, and Fitnesstukku, which focus on health and sports nutrition products. Moreover, the company has ventures within the restaurant sector, broadening its footprint in the food and beverage industry.