Orkla As A S/Adr (ORKLY) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, and welcome to the presentation of Orkla's second quarter results. My name is Annie Bursagel, and I'm the head of investor relations and communications. So to begin the presentations today, our president and CEO, Neil Selta, will be presenting some highlights from the quarter, as well as from the first half year. After that, EVP and CFO, Arvid Eglant, will be presenting some more detail into the financials. Once he's done, Nils will return for a few concluding remarks. After all the presentations are over, we will be going over to our Q&A. We're going to begin our Q&A as a video Q&A with our analyst community before we go over to taking questions from the web. So if you're interested in sending any questions, you may do so at any time during the presentation. And I will read those up at the end. So with that all out of the way, let me hand it over to you, Nils. Thank you, Annie. and good morning to everyone. Overall, we continued to progress according to our capital markets day targets. Organic growth was 3.8%, came primarily from price increases in most portfolio companies as well as a return to volume growth on a consolidated basis. End-lying EBIT adjust growth continued but was somewhat slower than previous quarters with mixed developments across the portfolio companies. Earnings per share adjusted was 1.56, up 0.6% from the same period last year. Let's turn into the breakdown of the portfolio companies' performance. There was significant variation in profitability across the portfolio companies in the quarter. Arve will present a more detailed picture of the individual companies, but a few developments deserve mention. Orkla food ingredients deliver a strong quarter driven by both top-line growth and continued successful implementation of the cost p...