businesspress24.com - Orkla: Preliminary results - First Quarter 2012
 

Orkla: Preliminary results - First Quarter 2012

ID: 1108332

(Thomson Reuters ONE) -


We refer to today's stock exchange notification concerning the change of
President and CEO at Orkla. In consequence, Orkla has chosen to publish
preliminary results for the first quarter of 2012 today, 30 April. The financial
statements will be formally considered at a meeting of the Board of Directors on
Wednesday, 2 May 2012, and will be published on Thursday, 3 May at 7 a.m. The
results will be presented, as announced earlier, on Thursday, 3 May, at 8 a.m.
in the Vika Atrium Conference Centre.

Preliminary results for the first quarter of 2012:

Key figures Q1-12 (Q1-11) in NOK million:
Operating revenues: 14,792 (15,000)
EBITA: 888 (786)
Profit before tax: 1,550 (1,960)
Diluted earnings per share: (NOK) 1.3 (2.9)
Cash flow from operations: 16 (-437)

Net interest-bearing liabilities: 9,487 (20,664)
Equity ratio (%): 52.6 (55.6)
Net gearing: 0.27 (0.42)

The quarterly report on preliminary results for the first quarter of 2012 is
attached herewith.

For more information regarding Orkla's preliminary first-quarter results, please
contact the following persons:

Terje Andersen, CFO (+47 2254 4419); Rune Helland, SVP Investor Relations (+47
2254 4411);  Siv Merethe S. Brekke, VP Investor Relations (+47 2254 4455).

In connection with the change of CEO, a telephone conference will be held for
investors and analysts today, Monday, 30 April at 3 p.m. with Acting President
and CEO Åge Korsvold. Mr Korsvold was Deputy Chair of the Board of Directors
until he was appointed Acting President and CEO.

The telephone conference can be listened in on by calling tel. no:
+47 23 18 45 74.

Orkla ASA
Oslo, 30 April 2012

This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.





Preliminary 1st Quarter 2012:
http://hugin.info/111/R/1607176/509732.pdf



This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Orkla ASA via Thomson Reuters ONE
[HUG#1607176]



Themen in dieser Pressemitteilung:


Unternehmensinformation / Kurzprofil:



Leseranfragen:



PresseKontakt / Agentur:



drucken  als PDF  an Freund senden  SeaBird - First quarter 2012 result presentation and webcast
Åge Korsvold appointed as Acting President and CEO of Orkla
Bereitgestellt von Benutzer: hugin
Datum: 30.04.2012 - 02:22 Uhr
Sprache: Deutsch
News-ID 1108332
Anzahl Zeichen: 0

contact information:
Contact person:
Town:

Oslo


Phone:

Kategorie:

Business News


Anmerkungen:


Diese Pressemitteilung wurde bisher 73 mal aufgerufen.


Die Pressemitteilung mit dem Titel:
"Orkla: Preliminary results - First Quarter 2012
"
steht unter der journalistisch-redaktionellen Verantwortung von

Orkla ASA (Nachricht senden)

Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).


Alle Meldungen von Orkla ASA



 

Who is online

All members: 10 589
Register today: 0
Register yesterday: 1
Members online: 0
Guests online: 81


Don't have an account yet? You can create one. As registered user you have some advantages like theme manager, comments configuration and post comments with your name.