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Interim report Q1, January – March 2014

  • Net sales for the quarter increased by 5.9 per cent to SEK 1,193m (1,127).
  • Operating profit was SEK 52m (58).
  • Underlying EBIT was SEK 77m (91).
  • Items affecting comparability amounted to SEK –21m (–33) and consist mainly of costs related to factory restructurings.
  • Cash flow from operating activities was SEK 91m (–16).
  • Net debt/underlying EBITDA was 4.4x (4.7). In the quarter, SEK 34m of loans were amortised.
  • On 8 January 2014, Cloetta completed the acquisition of Alrifai Nutisal AB. The acquisition is in line with Cloetta’s strategy to broaden its product portfolio within Munchy Moments.

Contacts

  • Jacob Broberg, Senior Vice President Corporate Communications and Investor Relations, +46 70-190 00 33
  • Danko Maras, Chief Financial Officer, +46 76-627 69 46