Orkla: Results, Second Quarter 2002


OSLO, Norway, Aug. 8, 2002 (PRIMEZONE) -- Enclosed to www.ose.no and www.orkla.com please find quarterly report, spreadsheets and presentation.

Key figures Q202 (NOKm, Q201 in parentheses):

Revenues 11,173 (11,534)

EBITA excl. other revenues and expenses 1,113 (1,164) Portfolio gains 41 (264) Profit before tax 1,078 (1,486)

Highlights


-- Currencyadjusted revenues and EBITA 2%
-- Mixed picture for Industry division
-- Portfolio return YTD 0.7%
-- Strong cash flow due to reduced working capital

Attachment: http://reports.huginonline.com/868916/106447.pdf


            

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