Cloetta ends the year with another strong quarter, where both Branded packaged products and Pick & mix continue to deliver double-digit growth. Full-year net sales are for the first time in the company's history exceeding
- Net sales for the quarter increased by 14.5 per cent to
SEK 2,182m (1,905) including a positive impact from foreign exchange rates of 2.8 per cent. - Sales of Branded packaged products increased organically by 11.1 per cent during the quarter.
- Sales of Pick & mix increased organically by 13.6 per cent during the quarter.
-
Operating profit adjusted for items affecting comparability, amounted to
SEK 200m (183). Operating profit amounted toSEK 174m (187), impacted by items affecting comparability ofSEK -26m (4), mainly related to the Greenfield facility. -
Operating profit, adjusted, of Branded packaged products amounted to
SEK 200m (180). -
Operating profit, adjusted, of Pick & mix amounted to
SEK 0m (3). -
Profit for the period amounted to
SEK 138m (108), which equates to basic and diluted earnings per share ofSEK 0.48 (0.38). -
Cash flow from operating activities was
SEK 478m (281). - Net debt/EBITDA ratio was 1.7x (1.9).
-
The Board proposes a dividend of
SEK 1.00 (1.00) per share.
Events during and after the end of the period
- CEO
Henri de Sauvage-Nolting to leave Cloetta.
Please find enclosed the full report.
The interim report will be presented at a conference call with web presentation on Friday
Dial-in number(s)
SE: +46 8 5051 0031
US: +1 631 570 5613
We kindly ask those who wish to dial-in to make sure you are connected to the phone conference by calling in and register a few minutes before the conference begins.
Web presentation
The live broadcast will be available on: creo-live.creomediamanager.com/2a0844fe-307a-49aa-b224-95511d5022ac. The presentation and the report will be available on www.cloetta.com after publication.
This disclosure contains information that
Contact
Cloetta's
About Cloetta
Cloetta, founded in 1862, is a leading confectionary company in
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