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

Q1 2021 Orkla ASA Earnings Call Transcript

Apr 29, 2021 / 06:00AM GMT
Release Date Price: €8.48 (+2.47%)
Kari Lindtvedt
Orkla ASA - SVP of IR

Good morning, and welcome to this presentation of Orkla's first quarter results. My name is Kari Lindtvedt. I'm Head of Investor Relations at Orkla. I'm joined today by President and CEO, Jaan Semlitsch, who will sum up the main points of this quarter. Then, CFO, Harald Ullevoldsæter, will give you more details on the financials.

Before moving on to Q&A, Jaan Ivar will sum up and share some reflections on the outlook. Throughout this presentation today, you're welcome to post questions on the web. And we will address them at the end of this session. With that, I'll leave the floor to you, Jaan Ivar.

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

Thank you, Kari, and good morning, and welcome to this presentation of Orkla's first quarter results on this Sunday morning here in Oslo. Overall, I am pleased that we deliver organic growth and margin improvement in Q1 on the back of a strong quarter last year. The coronavirus pandemic still, of course, has significant impact on

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