ORK Orkla ASA

Orkla ASA: Styrets vedtak til Orklas generalforsamling

Orkla ASA: Styrets vedtak til Orklas generalforsamling

Ordinær generalforsamling i Orkla ASA vil bli avholdt torsdag den 16. april 2020 kl. 12.00 i Oslo Konserthus, Munkedamsveien 14, 0115 Oslo.

Styret har i møte den 11. mars 2020 besluttet å foreslå følgende vedtak overfor generalforsamlingen:

Styret foreslår et ordinært utbytte på 2,60 kroner pr. aksje for 2019. Se separat melding om nøkkelinformasjon ved kontantutbytte.

Orklas årsrapport for 2019 vil bli offentliggjort den 20. mars 2020.

Orkla ASA

Oslo, 11. mars 2020

Ref.:

Konserndirektør Kommunikasjon & Corporate Affairs

Håkon Mageli

Tlf.:  828

E-post:

VP Investor Relations

Elise Heidenreich

Tlf.: +47 951 41 147

E-post:



Denne opplysningen er informasjonspliktig etter verdipapirhandelloven §5-12

EN
11/03/2020

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Reports on Orkla ASA

ABGSC Consumer Goods Research ... (+3)
  • ABGSC Consumer Goods Research
  • Henrik Bartnes
  • Petter Nystrøm
ABGSC Consumer Goods Research ... (+3)
  • ABGSC Consumer Goods Research
  • Henrik Bartnes
  • Petter Nystrøm

Core 2% below, Jotun better

Core EBIT 2% below adj for on-offs, better on lower sales / margin

ABGSC Consumer Goods Research ... (+3)
  • ABGSC Consumer Goods Research
  • Ali Shemmari
  • Petter Nystrøm
Ole Martin Westgaard
  • Ole Martin Westgaard

Orkla (Hold, TP: NOK110.00) - Colouring outside expectations

We expect Orkla to report Q1 EBIT broadly in line with consensus, but with net profit above on continued strength at Jotun. We reiterate our HOLD and NOK110 target price as we continue to find valuation fair, with the stock trading slightly below its historical discount to SOTP.

Ole Martin Westgaard
  • Ole Martin Westgaard

Orkla (Hold, TP: NOK110.00) - Indian assets spice it up

The mixed Q4 report had results above expectations and some softness, as CPC was a bit below consensus on weak margins. We reiterate our HOLD, but have raised our target price to NOK110 (105), as a revaluation of the Indian assets offsets slight estimate cuts.

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