Strong organic growth, increased marketing investments and stable EBIT.
• Net sales for the quarter increased by 5.9 per cent to SEK 1,629m (1,538) including a positive impact from foreign exchange rates of 1.6 per cent.
• Operating profit amounted to SEK 195m (180). Profit for the period amounted to SEK 130m (132). Operating profit, adjusted for items affecting comparability, amounted to SEK 200m (194).
• Cash flow from operating activities amounted to SEK 255m (250).
• Net debt/EBITDA ratio was 2.5x (2.5).
Please find enclosed the full report.
The interim report will be presented at a conference call with web presentation Friday 25 October at 10 a.m. (CET). Follow the presentation here.
This information is information that Cloetta AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted, by the below contact person, for publication on 25 October, 2019, at 08:00 am CET.
Media contact
Frans Rýdén, CFO, +46 8 527 288 27