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The boss of Orkla says he saw the right and this government as a guarantor of good commercial conditions and is very disappointed.
– This tax on sugar shows that the framework conditions for business are risky in Norway, says Ruzicka at E24
Orkla says that politicians must each other and KrF who took the initiative for the price.
– I am very upset. It was introduced in a short time without any analysis and consultation, and does not contribute to health effects, says Ruzicka at E24
However, the result has improved
The giant of the Orkla brand has published quarterly figures. The Group achieved a pre – tax profit of about NOK 1.1 billion in the second quarter of the year, compared with nearly 1 billion NOK in the same period last year. Adjusted operating profit also increased. The operating result was slightly above NOK 10 billion, an increase of NOK 9.8 billion in the corresponding period of last year.
Growth has been good in Finland and Central Europe. Sales growth in Norway was however weaker than last year, partly because of the 83 percent increase in the tax on chocolate and sugar. Several categories of Orkla products experienced lower market pressures and higher consumer prices, which, according to the quarterly report, led to lower sales.
Priority: Turning to Norway
transforming the portfolio into higher growth categories, sales channels and geographic areas. We are constantly improving our supply of goods and we have decided to close two plants in Sweden and Finland during the quarter, "says Peter A. Ruzicka, CEO of the company
Orkla owns almost half of the manufacturer of painting Jotun. In the second quarter, the paint manufacturer saw an improvement in sales, but the market situation remains "demanding" at Marine Coatings, according to an announcement made on the stock market.
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