Clear strategy for capital allocation
Orkla has completed its transformation from an industrial conglomerate into a leading branded consumer
goods and service company.
#1 priority is to maintain an attractive and predictable dividend policy
#2 priority is value accretive M&A and organic investments in strengthening the future Orkla
#3 priority is to return excess capital to shareholders
The Board of Directors has proposed a dividend policy aimed at increasing the dividend from its current
level of NOK 3.00 per share, normally to within 50-70% of Earnings Per Share.
The Group’s goal is to remain an investment grade company. This means aiming to ensure a net
interest-bearing liabilities / EBITDA ratio over time of less than 2.5.