Orkla reports growth in the fourth quarter

12 Feb 2026 07:00 CET

Orkla recorded operating revenues of 18.8 billion in the quarter, an increase
of 2.1% compared to the same period last year. The consolidated portfolio
companies delivered an organic growth of 4.5% in the quarter.

Orkla's consolidated portfolio companies (including Orkla ASA and the Business
Service companies) achieved underlying EBIT (adj.) growth of 17% in the
quarter, partly affected by periodisation effects and non-recurring items. All
portfolio companies contributed with EBIT growth. EBIT (adj.) for the Orkla
Group amounted to 2.0 billion in the fourth quarter.

Profit from associates amounted to 505 million in the quarter, mainly related
to Orkla's 42.7% ownership interest in Jotun. The company reported a 14%
increase in operating profit and 28% adjusted for currency effects, driven by
solid sales development across segments.

Profit before tax amounted to 2.1 billion in the fourth quarter, an increase
of 24% compared with the same period last year. Adjusted earnings per share
(diluted) was NOK 1.74 in the quarter.

"The performance has been strong in the quarter, with improved operating
profit and volume growth across large parts of the portfolio. Jotun continued
to deliver solid underlying performance, supported by good sales development
across segments, while Orkla Snacks delivered volume growth and improved
profitability despite challenging market conditions. I am pleased with the
totality. Nevertheless, heading into 2026, achieving stronger volume growth
and cost efficiencies will be key areas for improvement," says Orkla President
and CEO Nils K. Selte.

Financial results full year 2025
In 2025, Orkla's operating revenues amounted to 71.5 billion, an increase of
3.3% compared with 2024. Orkla's consolidated portfolio companies (including
Orkla ASA and the Business Service companies) achieved EBIT (adj.) of 7.5
billion, representing an increase of 7.8%.

Profit from associates totalled 2.2 billion, an increase of 17% compared to
2024.
Profit before tax amounted to 8.4 billion, and adjusted earnings per share
(diluted) was NOK 6.83, an increase of 13%.

Dividend proposal
Orkla's Board of Directors intends to propose a total dividend of NOK 6.00 per
share for the financial year 2025, comprising an ordinary dividend of NOK 4.00
and NOK 2.00 additional to Orkla's ordinary dividend.


About Orkla
Orkla ASA is a leading industrial investment company within brands and
consumer-oriented businesses, with 10 portfolio companies. The company takes a
long-term and strategic approach to its investments, creating value by
combining brand expertise with an investment company mindset.

Orkla is listed on the Oslo Stock Exchange and is headquartered in Oslo,
Norway. Orkla had a turnover of 71.5 billion in 2025.

Orkla ASA
Oslo, 12 February 2026

Ref.:
SVP Investor Relations & Communication
Annie Bersagel
Mobile: +47 986 03 664
Email: annie.bersagel@orkla.no

VP Financial Communication
Joachim Gresslien
Mobile: +47 907 25 018
Email: joachim.gresslien@orkla.no

An Excel spreadsheet with key figures may be found at
https://www.orkla.com/investors/

This information is considered to be inside information pursuant to the EU
Market Abuse Regulation and is subject to the disclosure requirements pursuant
to Section 5-12 the Norwegian Securities Trading Act. This stock exchange
announcement was published by Ole Andreas Steensland Dahl, Investor Relations
Manager at Orkla ASA, on 12 February 2026 at 07:00 CET.

More information:
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665503_Q4 2025 External Report FINAL.pdf
665503_Q4 2025 External Presentation FINAL.pdf