Orkla ASA Completes Sale of Hydro Power Portfolio

Orkla ASA has completed the sale of its hydro power portfolio to Hafslund AS and Svartisen Holding AS. The transaction is expected to have a positive accounting effect from April 1, 2025.

Transaction Details

• The sale was completed as planned
• The transaction is expected to have a positive accounting effect from April 1, 2025

Regulatory Approvals

Orkla ASA has obtained the required regulatory approvals for the acquisition of Orkla Energi AS and Trælandsfos Holding AS by Å Energi.

Market Performance

The Carnegie Global Quality Small Cap fund experienced a decline of 8.35% in March. However, some of the fund’s holdings, including Orkla, have demonstrated resilience in the face of market uncertainty.

Orkla’s Performance

Orkla’s strong brand portfolio and stable growth have contributed to its stability in the market.