- Net sales for the quarter increased by 15.8 per cent to SEK 1,414m (1,221) including a positive impact from foreign exchange rates of 3.1 per cent.
- Operating profit amounted to SEK 90m (148). Profit for the period amounted to SEK –329m (77). Operating profit, adjusted for items affecting comparability, amounted to SEK 115m (156).
- Cash flow from operating activities amounted to SEK 117m (114).
- Net debt/EBITDA ratio was 2.77x (2.82).
- On 28 April 2017, Cloetta completed the acquisition of Candyking Holding AB and its subsidiaries.
- On 6 July 2017, Cloetta signed an agreement to sell Cloetta Italia S.r.l. to Katjes International GmbH.
This information constituted before the publication inside information and is such that Cloetta AB (publ) is required to disclose pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted, by the below contact person, for publication on 13 July, 2017 at 8:00 am CET.
Media contact
Jacob Broberg, SVP Corporate Communications & Investor Relations, 46 70 190 00 33.