Orkla ASA (STU:OKL)
€ 8.58 0.05 (0.59%) Market Cap: 8.65 Bil Enterprise Value: 10.19 Bil PE Ratio: 17.87 PB Ratio: 2.20 GF Score: 89/100

Q3 2019 Orkla ASA Earnings Call Transcript

Oct 24, 2019 / 06:00AM GMT
Release Date Price: €8.41 (-0.94%)
Thomas Ljungqvist
Orkla ASA - SVP of IR

Good morning, everyone, and welcome to Orkla's third quarter presentation. This is the first earnings presentation for our new CEO, Jaan Ivar Semlitsch, who joined us in mid-August.

And Jaan Ivar will start this session by sharing some of his initial observations. This will take approximately 10 minutes. Our CFO, Jens Staff, will then take you through the main points of the third quarter results as announced earlier this morning. And before we move to Q&A, Jaan Ivar will come back and give you a summary of his immediate priorities.

Now let's get started. Please welcome our President and CEO, Jaan Ivar Semlitsch.

Jaan Ivar Semlitsch
Orkla ASA - President, CEO & Member of Group Executive Board

Thank you, Thomas. And these first 10 weeks have been an intensive but valuable learning process for me. And I'd like to share with you some of my reflections and observations about our business, what I think we're doing right, but more importantly what I think we can do better.

Let me start by

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