Orkla Q1 Earnings Better Than Expected Across the Board

• (PLX AI) - Orkla Q1 revenue NOK 13,271 million vs. estimate NOK 12,721 million.
• • Q1 adjusted EBIT NOK 1,532 million vs. estimate NOK 1,408 million
• • Q1 adjusted EPS NOK 1.24 vs. estimate NOK 1.21
• • Q1 pretax profit NOK 1,544 million vs. estimate NOK 1,445 million
• • The biggest improvement was posted by Orkla Food Ingredients and Orkla Foods, which had organic turnover growth of 21.1% and 7.2%, respectively