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2015-09-11

Orkla ASA: Investor Day - Orkla targets increased growth

Orkla is holding an Investor Day in London today. A webcast may be viewed at
www.orkla.com.

Orkla's strategy of being the leading Nordic branded consumer goods company,
with the Nordics and Baltics as its main markets, remains unchanged.

The Board of Directors will propose a dividend policy that maintains a stable
dividend of a minimum of NOK 2.50 per share.

Orkla targets organic growth at least in line with market growth and annual,
adjusted growth in EBIT of 6-9 per cent in the Branded Consumer Goods area
for the period 2016-2018.

"Growth will be achieved in part through bigger innovations, which will
increasingly be launched across Orkla's markets and business areas. In
addition, acquisitions in selected categories, channels and markets will
strengthen Orkla's position as a leading branded consumer goods company",
says President&CEO Peter A. Ruzicka in a comment.

Orkla will improve profitability by increasing operational efficiency
throughout its value chain. By working more closely as one Orkla, the Group
will exploit synergies more effectively across its operations, while
cultivating Orkla's unique local customer and consumer insight.

The presentations are attached.

Orkla ASA
Oslo, 11 September 2015

Ref.:

SVP Investor Relations

Mattias Orrenius
Tel.: +47 983 66 334
E-mail: mattias.orrenius@orkla.no

Group Director Corporate Communications and Corporate Affairs

Håkon Mageli
Tel.: +47 928 45 828
E-mail:hakon.mageli@orkla.no

This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)

Orkla Investor Day presentations
http://hugin.info/111/R/1951276/709588.pdf

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Orkla ASA via Globenewswire

HUG#1951276

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