Report of the Board of Directors

In 2007 Orkla took several structural initiatives to reinforce the Group’s industrial platform and thereby the foundation for further growth and value creation. In terms of profit, 2007 was a good year and earnings per share amounted to NOK 8.2. Including the dividend, the return on the Orkla share was 52.4 % in 2007.

Main events

Events since the balance sheet date

Comments on Orkla's results

Structural changes

Financial situation and capital structure

Risk Management

Market situation and operating parameters

Comments on individual business areas

Research and Development (R&D)

Personnel and Organisation

Competence

EHS

Coroprate governance

Pay and other remuneration of senior executives

IFRS

Allocation of profit

Outlook for 2008

Back row from left.: Peter A. Ruzica, Svein S. Jacobsen, Per Arnfinn Solberg, Jonny Bengtsson, Lennart Jeansson, Bjørg Ven, Aage Andersen, Gunn Liabø.

Front from left.: Åse Aulie Michelet, Stein Erik Hagen, Birgitta Stymne Göransson, Kjell E. Almskog.

Download PDF | Print | << Navigate report >>