Page 1

21.11.23 , 13:00 | Regulatory information Targeting annual organic growth of at least 2.5 per cent At its digital Capital Markets Day event today , Orkla will announce new main targets for organic growth , operating profit and sustainability . Active portfolio management - including acquisitions , disposals and partnerships - will play an important role for Orkla's value creation in the next few years . Orkla targets annual organic turnover growth of a minimum of 2.5 per cent in the 2022-2024 period and annual underlying growth in EBIT ( adj . ) of 4–6 per cent ( mid - single - digit growth ) . Orkla's ambition is to be the leading sustainability player in its home markets . The Group has set clear quantifiable targets . In 2025 , greenhouse gas emissions from Orkla's own operations are to be reduced by 65 per cent ( Scope 1 & 2 ) and by 30 per cent in the value chain outside its own operations ( Scope 3 ) . Orkla's targets have been validated by the Science - Based Targets Initiative and are aligned with the Paris and Glasgow climate accords . All packaging used by Orkla is to be 100 per cent recyclable in 2025 . Orkla has over 300 local brands with a presence in more than 20 countries . Eighty percent of turnover from the Branded Consumer Goods business derives from brands that hold number one or number two positions in their home markets . Over the next few years , Orkla will increase its investments in brand - building and advertising , based on local consumer insights . Furthermore , Orkla intends to develop international positions for selected brands such as Möller's and Jordan . Orkla's activities will primarily be concentrated in three geographical areas : the Nordics / Baltics , Central and Eastern Europe and South Asia .