orkla investment company

The Japan Times LTD. All rights reserved. Investments Number of Investments 11 Number of Lead Investments 5 Orkla Ventures has made 11 investments. Orkla Foods buys strategic 15% share in Chumak - GlobeNewswire Our website places information capsules (cookies) on your device if you have consented to the storage of cookies in your browser settings. For Lynch, a price drop is an opportunity to buy more of a good prospect at lower prices. ORKLA : News, information and stories for ORKLA | Xetra: OKL | Xetra. Lynch strongly believes that individuals can succeed at investing and have a distinct advantage over Wall Street and professional money managers. NOK 135 million). June 17, 2023 5:30 am ET. Orkla to become an industrial investment company. Venture Capital Investors (Top 10K) 9,902 Number of Organizations $105.3B Total Funding Amount 2,733 Number of Investors. The Findus investment has no strategic importance to Orkla, and is consequently a pure financial investment. New York Pizza is, like Kotipizza, operating a franchise-based model. Its scope of activity is brands and consumer-oriented companies. With these firms, he suggests holding on until the firm is entering a different growth stage. ORKLA : Stock Market News and Information - MarketScreener Find out more, The Telegraph values your comments but kindly requests all posts are on topic, constructive and respectful. New York Pizza is a well-run company with competent management and a well-functioning franchise model. Please register online prior to the start of the call. I particularly want to welcome Maria Syse-Nybraaten, Audun Stensvold and yvind Torpp as new members of Orklas management. We show that, perhaps surprisingly, the incidence of zombification is lower among private firms. At present, Orkla has 12 portfolio companies. You can sign up for additional alert options at any time. NY's Marijuana Businesses Secure $150 Million Private Investment for NOK 128 million), both normalized and reported earnings are according to local Dutch GAAP. She previously served as an investment professional at Ferd Capital, where she has held several key positions since 2013, including responsibility for health investments in the Nordics. ), consumer products (detergents, clothing, cosmetics, personal hygiene, etc. Maria Syse-Nybraaten joined Orkla on 1 October, when she was appointed CEO of the Orkla Consumer & Financial Investments business area. Our production. Britains biggest pension fund risks the wipeout of its biggest single investment if Thames Water were to collapse.Universities Superannuation Scheme (USS), which serves 500,000 members and has 82bn of investments, increased its stake in Thames Water just 18 months ago, hailing the companys performance under then boss Sarah Bentley.USS acquired an additional 8.77pc of Thames Water from Wren House, the infrastructure investment arm of the Kuwait Investment Authority, in December 2021. Effective 1 March 2023, 12 independent portfolio companies will be established in Orkla: Jotun (42.6% interest), Orkla Foods Europe, Orkla Food Ingredients, Orkla Confectionery & Snacks, Orkla Health, Orkla Home and Personal Care, Orkla India, Pizza Out of Home, Orkla House Care, Health and Sports Nutrition Group, Pierre Robert Group and Lilleborg. ORKLA : Stock Market News and Information - MarketScreener Orkla Foods reported operating profit of NOK 128 million, up from NOK 89 million on the corresponding period last year. Mr Torpp has assisted European consumer-oriented companies with growth strategies, change processes as well as mergers and acquisitions. Orkla - Aker RGI acquires Orkla's stake in Norway Seafoods - GlobeNewswire Orkla's Group Executive Board will also comprise four EVPs with responsibility for key corporate functions: Harald Ullevoldster (Finance & CFO), Christer Grnberg (HR), Camilla T. Robstad (Legal & Compliance) and Hkon Mageli (Communications & Corporate Affairs). There was still good growth in consumer sales for the pizza business, driven by price increases. The price-earnings (P/E) ratio helps to keep your perspective in check. Orkla ASA is a leading industrial investment company. To enjoy our content, please include The Japan Times on your ad-blocker's list of approved sites. Stelios Kanakis Industrial and Commercial S.A. Asteriscos e Reticncias, S.A. (Captain Kombucha) (43.5%), Health and Sports Nutrition Group HSNG AB. As a result of these changes, Sverre Prytz will step down from Orklas management team. All interested parties may participate in the conference call by dialing (800) 267-6316 approximately 5-10 minutes prior to the call, international callers should dial (203) 518-9783. As a result of these changes, Sverre Prytz will step down from Orklas management team. Our website places information capsules (cookies) on your device if you have consented to the storage of cookies in your browser settings. The chain also includes two sales outlets in Cologne, Germany. Orkla heavily invested in foods and among others acquired Swedish brewery Pripps as well as other companies, including Abba Seafood, Baltic Beverages Holding and Procordia Food. I particularly want to welcome Maria Syse-Nybraaten, Audun Stensvold and yvind Torpp as new members of Orkla's management. The Boards of Directors will include external Board members where appropriate. At times, the market may get ahead and even overprice a stock with excellent prospects. Copyright 2023 Surperformance. Mr Prytz will report to the President and CEO. Orkla also holds 42.5 % in Jotun and 27.5% in Renewable Energy Corporation (REC). Its scope of activity is brands and consumer-oriented companies. We are looking forward to working with them to realise the companys international growth potential." Orkla - Orkla to become an industrial investment company Orkla will consist of 12 portfolio companies. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. Research. In this article I present the strategy used by the fund manager Peter Lynch. 23 Stocks That Pass Legendary Former Wall Street Investment - Forbes The new Group Executive Board will be operational as from 13 December 2022. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. Kotipizza. Orkla to become an industrial investment company | MarketScreener To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. However, before writing your first comment, please create a display name He has broad experience of ownership follow-up and Board work in several of Aker's portfolio companies, in addition to serving as project manager for a variety of transactions. AQ. We present 23 Lynch-inspired prospects below. Orkla's Board of Directors decided yesterday to establish a new corporate structure and management team. The ratio compares the current price to the most recently reported earnings. At the same time, we will pursue an active portfolio management policy, targeting rapidly growing consumer segments and markets. 12 % p.a. His latest position was that of Director in Canica. East Capital Explorer invests EUR 81m in the new East Capital Power Utilities Fund, amounting to 22% of the proceeds from the IPO. Orkla is a leading supplier of branded . The AAII Lynch approach specifies that a companys current price-earnings ratio be lower than its own five-year average price-earnings ratio. The Committee of Inquiry reports: Orkla's Group Executive - GlobeNewswire Orkla ASA is listed on the Oslo Stock Exchange. Orklas Board of Directors decided yesterday to establish a new corporate structure and management team. Lynch refines this measure by adding the dividend yield to earnings growth. | Source: At Orkla, we promise to treat your data with respect and will not share your information with any third party. Our brands - Orkla.com After submitting your request, you will receive an activation email to the requested email address. Orkla Group | LinkedIn The German market is an exception . At present, Orkla has 12 portfolio companies. Chain sales have increased by approx. A Board of Directors will be established in each portfolio company, if such a board does not already exist. At Orkla, we promise to treat your data with respect and will not share your information with any third party. Listen. Reported EBITDA reached EUR 12.1 million (approx. It is much harder, he says, to stick with a winning stock once the price goes up, particularly with fast-growers where the tendency is to sell too soon rather than too late. Orkla will consist of 12 portfolio companies. Rachel Louise Ensign. Warren Buffett points the way, but other trends upping Japan's Information capsules are used to improve the website, for analysis purposes and for interest-based advertising. : +47 928 45828, SVP Investor Relations In a time of both misinformation and too much information, quality journalism is more crucial than ever.By subscribing, you can help us get the story right. Here are some of the critical numbers Lynch suggests investors examine: The earnings growth rate should fit with the firms storyfast-growers should have higher growth rates than slow-growers. \n\nOrkla is listed on the Oslo Stock Exchange and has its headquarters in Oslo, Norway. A long-planned fund to help disadvantaged people start legal cannabis businesses in New York is finally nearing its ambitious money-raising goal after a private company agreed to invest $150 . Orkla is a leading supplier of branded consumer goods and concept solutions to the consumer, out-of-home and bakery markets in the Nordics, Baltics and selected markets in Central Europe and India. The Lynch screening model has shown impressive long-term performance, with an average annual gain since 1998 of 8.0%, versus 5.7% for the S&P 500 index over the same period. This indicates that if business valuation is similar today, USS may have to take a writedown of more than 1bn if a rescue of Thames Water cannot be agreed.Thames Water is in talks with its owners to inject 1bn of new capital. By providing your email address below, you are providing consent to Orkla to send you the requested Investor Email Alert updates. East Capital Explorer co-invests with Orkla Financial - GlobeNewswire The current shareholders will continue to have an ownership of 25%. Audun Stensvold has 12 years of experience in various management positions in the Aker group. Orkla announced a new corporate structure on 27 October 2022, saying that it will be transformed into an industrial investment company consisting of 12 portfolio companies. Mr Stensvold will take up his duties on 7 November. Orkla Confec-tionery & Snacks 7.5 BNOK Orkla India 2.4 BNOK Orkla Foods Europe 17.3 BNOK Jotun2 22.8 . Last year, New York Pizza sold 11.5 million pizzas and had total turnover of EUR 54.7 million (including dough manufacturing turnover), equivalent to approximately NOK 555 million. Lynch was a bottom-up stock picker who looked for good companies selling at attractive prices. Norwegian Ringnes and Pripps were merged with Carlsberg Breweries, where Orkla acquired a 40% ownership in 2000. Based on the companys core competencies in brand building and mergers and acquisitions, Orkla intends to strengthen its position as the leading branded consumer goods company in the Nordic region. Orkla will consist of 12 portfolio companies. Orkla Company Profile - Office Locations, Competitors, Revenue - Craft Pension fund bosses warned in May that they could not confirm if the personal data of some of USSs 470,000 members had been accessed. Maria Syse-Nybraaten joined Orkla on 1 October, when she was appointed CEO of the Orkla Consumer & Financial Investments business area. Orkla has entered into an agreement to purchase 75% of the shares in New York Pizza, one of the leading pizza chains in the Netherlands. Positive growth for Orkla - GlobeNewswire Orkla has entered into an agreement to purchase 75% of the shares in New York Pizza, one of the leading pizza chains in the Netherlands. University pension scheme braced for wipeout of biggest investment if Ms Syse-Nybraaten has also worked as an analyst in SEB. Stocks with good prospects should trade at higher price-earnings ratios than stocks with poor prospects. I Orkla Consumer Investments inngr forretningsenhetene Orkla House Care, med ledende posisjoner innenfor malerverkty, Lilleborg, med profesjonell rengjring, og Pierre Robert Group, en leverandr av basis- og ulltekstiler til dame, herre og barn. "We want to establish a corporate structure and culture that creates greater value and entails greater autonomy and responsibility for the individual companies. Fortress Investment Group Set to Acquire Vice Out of Bankruptcy Net sales are distributed geographically as follows: Norway (25.6%), Sweden (18.8%), Finland and Iceland (10.4%), Denmark (9.7%), Europe (25.4%), the Baltics (4%) and other (6.1%). The transaction is expected to be completed in the third quarter of 2021. Its scope of activity is brands and consumer-oriented companies. Together with Atle Vidar Nagel Johansen and Hege Holter Brekke, both of whom have long experience at Orkla, the new investment team will make an important contribution in our new operational model and to future value creation, says Nils K Selte. Analysis is central to Lynchs approach. By providing your email address below, you are providing consent to Orkla to send you the requested Investor Email Alert updates. With both New York Pizza and Kotipizza in our portfolio, we see several opportunities for closer collaboration, which we and the local management teams believe will strengthen both chains says Kenneth Haavet, Orkla EVP and CEO of Orkla Consumer & Financial Investments. Orkla has invested in Because, Animals on Sep 19, 2022. Kari Lindtvedt, mob. Ms Syse-Nybraaten has also worked as an analyst in SEB. Year to date, the Lynch screen is up 6.1%, slightly underperforming the S&P 500s gain of 9.8% over the same period. If you experience any issues with this process, please contact us for further assistance. We will continue to build on the deep consumer insight and experience that we have acquired in developing leading brands. Together with Atle Vidar Nagel Johansen and Hege Holter Brekke, both of whom have long experience at Orkla, the new investment team will make an important contribution in our new operational model and to future value creation," says Nils K Selte. Orkla - Orkla acquires New York Pizza MILAN - The rapid adoption of generative artificial intelligence has boosted markets this year, but after the initial euphoria, investors are waking up to the possible risks . At the same time, we will pursue an active portfolio management policy, targeting rapidly growing consumer segments and markets. The Company will host an earnings conference call and audio webcast at 10:00 a.m. (Eastern Time) on Wednesday, August 9, 2023. This conference call will also be broadcast live over the Internet and can be accessed by all interested parties from the Event Calendar within the Investors tab of SLR Investment Corp.s website, www.slrinvestmentcorp.com. Peter Lynch offered investors deep insight in his book One Up on Wall Street. Orkla to become an industrial investment company October 27, 2022 Orkla is to be transformed into a leading industrial investment company with a brands and consumer-oriented scope. Its business consists of the following divisions: Orkla Foods, Orkla Confectionery and Snacks, Orkla Care, Orkla Food Ingredients, and Orkla Consumer & Financial Investments business. Extremely high earnings growth rates are not sustainable, but continued high growth may be factored into the price. She previously served as an investment professional at Ferd Capital, where she has held several key positions since 2013, including responsibility for health investments in the Nordics. Defense startup Anduril secures $1.5 billion investment A key component of New York Pizzas operating model is the pizza dough manufacturer Euro Pizza Products, which also purchases and distributes other pizza ingredients and condiments to sales outlets. This knowledge should help you avoid buying into a stock if the price gets ahead of the earnings or send you an early warning that it may be time to take some profits in a stock you own. If you're not sure how to activate it, please refer to this site. China's Economic Rebound Hits a Wall, With 'No Quick Fix' to Revive It Another reason to sell is if something in the story fails to unfold as expected, the story changes or fundamentals deteriorate. After submitting your request, you will receive an activation email to the requested email address. in the Profile section of your subscriber account page. Therefore, the AAII Lynch screen requires that the company have a price-earnings ratio lower than the median for its respective industry. Orklas Group Executive Board will also comprise four EVPs with responsibility for key corporate functions: Harald Ullevoldster (Finance & CFO), Christer Grnberg (HR), Camilla T. Robstad (Legal & Compliance) and Hkon Mageli (Communications & Corporate Affairs). Orkla Ventures is an investment firm that focuses primarily on technology, concepts, and business models relevant to Orkla's businesses. Britains biggest pension fund is the second largest investor in the water company. 2 Contents About Orkla 03 Message from the CEO 07 Orkla's business areas Orkla Foods 09 Orkla Confectionery & Snacks 10 Orkla Care 11 Orkla Food Ingredients 12 Orkla Investments Orkla and Alcoa - J/V in extrusion In the time to come, we will adopt a more dynamic approach to our portfolio, which will entail assessing acquisitions, joint ventures, stock market listings and divestments of companies, says President and CEO Nils K. Selte. Chain sales have increased by approx. His latest position was that of Director in Canica. It looks like you're using an ad blocker. We sell products within a number of categories such as food, snacks, confectionery, biscuits, health, personal care, textiles, detergents and painting equipment. Mr Torpp has previously headed the Nordic consumer team at BCG as well as BCG in Norway from 2014 2018. Orkla ASA Announces Board Appointments of Orkla Foods Europe. Orkla will consist of 12 portfolio companies. We will continue to build on the deep consumer insight and experience that we have acquired in developing leading brands. East Capital. Its scope of activity is brands and consumer-oriented companies. Our new management team is well equipped to lead Orkla into a new era and ensure active ownership of the portfolio companies. says Philippe Vorst, CEO of New York Pizza. He will continue to work with strategy and projects. - 10:25:05 2023-06-30 am EDT. Ref. Mr Torpp will take up his duties on 1 November. The key to knowing when to sell, he says, is knowing why you bought it in the first place. Lynch says investors should sell if the story has played out as expected, and the price reflects thisfor instance, the price of a stalwart has gone up as much as could be expected. The enterprise value on a 100% basis is EUR 145 million, equivalent to approximately NOK 1.5 billion. Opinions expressed by Forbes Contributors are their own. Their most recent investment was on Sep 7, 2022, when Healthily raised $20M. At the end of 2020, New York Pizza opened its first sales outlet in Belgium, in the town of Leuven, and it is planning to open 5 new sales outlets in Belgium this year. If you experience any issues with this process, please contact us for further assistance. Below you will find information on the largest transactions that Orkla has carried out in the past few years. Orkla has a long-term, industrial approach to its portfolio companies. The company posted operating revenues of USD 50 million in 2005. Oslo Bors Orkla's Board of Directors decided yesterday to establish a new corporate structure and management team. :EVP Communications and Corporate AffairsHkon Mageli, mob. Orkla is to be transformed into a leading industrial investment company with a brands and consumer-oriented scope. Orkla Consumer & Financial Investments bestr av to delomrder. The Group had a turnover of NOK 47.1 billion in 2020 and has over 21,000 employees. Orkla.com You can sign up for additional alert options at any time. Failed mercenary mutiny exposes Putins weakness, Japanese actor Noriyuki Higashiyama apologizes for Johnny's sex scandal, Weak yen now the key to stronger currency and BOJ pivot later, What you need to know about the revision to Japan's sex crime law. Mr Prytz will report to the President and CEO. Company Insiders. The enterprise value on a 100% basis is EUR 145 million, equivalent to approximately NOK 1.5 billion. Orkla Stock Price KR81.4 2023-05-26 Market Capitalization KR76.4 B 2023-05-03 Revenue KR58.4 B FY, 2022 Company summary Overview Orkla ASA is a supplier of branded consumer goods and concept solutions to the grocery sector, specialist retailers, out-of-home sectors, and the bakery market. Orkla will consist of 12 portfolio companies. : +47 928 45828, SVP Investor Relations Information capsules are used to improve the website, for analysis purposes and for interest-based advertising. A useful valuation technique compares the price-earnings ratio of a company to its earnings growth: the price-earnings-to-earnings-growth (PEG) ratio. With this modified technique, ratios above 1.0 are considered poor, while ratios below 0.5 are considered attractive. Lynch suggests investing in several categories of stocks to spread the downside risk. The stocks meeting the criteria of the approach do not represent a recommended or buy list. May. . She previously served as an investment professional at Ferd Capital, where she has held several key positions since 2013, including responsibility for health investments in the Nordics. The USS was a high-profile victim of a cyber attack against Capita, the outsourcing company that administers the pension fund. She has broad experience of ownership follow-up and Board work in a number of companies. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. Orkla to become an industrial investment company The business will be run as a stand-alone entity within the Orkla Consumer & Financial Investments business area, side by side with Kotipizza. Mr Torpp will take up his duties on 1 November. He did not focus on the markets direction, the economy or interest rates. Orkla to become an industrial investment company, Invitation to presentation of Orkla's second quarter 2023 results, Friday 14 July, Orkla Offers NOK500 Million Commercial Paper, Orkla Extends Relationship with Cognizant, Orkla publishes historical financial information on 11 portfolio companies, Norway's Orkla Issues NOK800 Million Commercial Paper, Mandatory notification of trade - granting of stock options to primary insiders, Mandatory notification of trade - Shares for employees 2023, Orkla Issues NOK500 Million of Commercial Paper, US Futures Slip, European Stocks Mainly Down, Transcript : Orkla ASA, Q1 2023 Earnings Call, May 09, 2023, Orkla ASA Announces Board Appointments of Orkla Foods Europe, Norwegian Conglomerate Orkla Offers NOK500 Million Commercial Paper, Orkla ASA Reports Earnings Results for the First Quarter Ended March 31, 2023. At present, Orkla has 12 portfolio companies creating sustainable value through active ownership of brands and consumer investment companies. The earnings potential of a company is a primary determinant of company value. Orkla is listed on the Oslo Stock Exchange and its headquarters is in Oslo. yvind Torpp has 23 years of experience from BCG where he has been senior partner since 2015. At a minimum, it leads to questions as to why the market is pricing the company differently. We will adopt a long-term, industrial approach to the portfolio companies as active owners and will work through the company boards. If this does not resolve the issue or you are unable to add the domains to your allowlist, please see this FAQ. The screen uses total liabilities because it considers all forms of debt. All news and articles onNewsnReleasesare based on press releases, corporate announcements and analysts reports issued toLondon Stock Exchange(LSE), Euronext,Singapore Exchange (SGX), Japan Stock Exchange (JPX),Dubai Financial Market (DFM), Saudi Stock Exchange (Tadawul), Qatar Stock Exchange (QSE), BSEIndia, Australia Stock Exchangeetc. For those who are not able to listen to the broadcast live, a replay of the webcast will be available soon after the call. The rotation approach maintains the investors long-term commitment to the stock market and keeps the focus on fundamental value. Orkla ASA is a leading industrial investment company. This could be due to a conflict with your ad-blocking or security software. The shock exit of Ms Bentley as chief executive shone a light on Thames Waters finances, leading to revelations that the Government was drawing up contingency plans for the companys collapse.USS is believed to be broadly supportive of injecting its share of the new capital but has yet to formally agree to the move.

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