Orkla ASA — Cyborg Score 7/10

Strong
Consumer Goods and Industrial Investment

Strategic Profile

As active owners, Orkla applies a flexible model tailored to strengthen each company's potential and deliver sustainable, long-term value to its shareholders, investing in companies where it can contribute to further value creation through deep industry expertise, consumer insights and experience in building leading brands. New strategic initiative and operating model, emphasizing organic growth within the company portfolio, along with value creation, optimization and streamlining of the portfolio, are expected to sustain future growth and enhance profitability.

Cyborg Score Rationale

The performance has been strong in the quarter, with improved operating profit and volume growth across large parts of the portfolio, with Jotun delivering solid underlying performance and Orkla Snacks delivering volume growth and improved profitability despite challenging market conditions. The company's EBIT margin has improved to 10.6% on a rolling 12-month basis, approaching the 2026 target range of 10.5-11%, with Return on Capital Employed increasing to 12.4%, moving closer to the 2026 target of 13%.

Top Insights

  • Organic growth trajectory improved consistently throughout 2025, with Q4 reaching 4.5%, the highest quarterly growth rate of the year.
  • Orkla Health achieved 70% EBIT growth and The European Pizza Company delivered 37% EBIT growth in Q4 2025.
  • In 2025, Orkla's operating revenues amounted to 71.5 billion, an increase of 3.3% compared with 2024.
  • Orkla India expects to return to double-digit revenue growth in fiscal 2026 and beyond, with the company eyeing acquisitions to expand its portfolio and banking on quick-delivery platforms and ready-to-eat meals for growth.

Named Competitors

  • Nestlé — Global food and beverage multinational
  • Mondelēz — Global snacking and confectionery company
  • Unilever — Consumer goods in food, beverages, and personal care
  • Jotun — Coatings and paint solutions business

Recent Developments

  • (February 2026) Q4 2025 results show accelerating organic growth at 4.5% and 16.7% adjusted EBIT increase
  • (December 2025) Orkla India targets double-digit revenue growth with focus on quick-delivery platforms
  • (January 2026) Orkla India earns Great Place to Work certification

Open the full interactive Orkla ASA report

Strategic research, analyst-debate audio, full Cyborg Score breakdown across 11 dimensions, and saved-company audio playlists.

Open report →