Q1 2019 Orkla ASA Earnings Call Transcript

May 07, 2019 / 06:00AM GMT
Peter Arne Ruzicka - Orkla ASA - Former CEO, President & Member of Group Executive Board

Welcome to this Q1 presentation. First of all, welcome to the new office building of Orkla. We moved in here just a few weeks ago, actually 11th of March. And in this house, we have the headquarter of Orkla. We have the management teams of all the Norwegian business units, and we have the management team of all the business areas. So this is really a good house, a good way to cooperate and work much more as One Orkla going forward.

In this first part of this presentation, I will go through the highlights of the quarter, and Jens will take you through the details -- the financial details in the quarter.

This is my -- actually my last day as CEO in Orkla. So this afternoon, I am checking out, and I'm very happy to present a quarter with very good results, both top line and bottom line. But we will, of course, come back to that.

We've seen in this quarter a good start to 2019 in the Branded Consumer Goods area with both organic growth and strong EBIT improvement. We have embarked on a new

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