Interim report, Q1, January – March 2016
- Net sales for the quarter increased by 3.4 per cent to SEK 1,358m (1,313), including a negative impact from foreign exchange rates of 0.8 per cent.
- Operating profit increased to SEK 108m (90).
- Cash flow from operating activities increased to SEK 253m (223).
- Net debt/EBITDA ratio was 2.78x (3.60).
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
Cloetta, founded in 1862, is a leading confectionary company in the Nordic region, the Netherlands, and Italy. In total, Cloetta products are sold in more than 50 countries worldwide. Cloetta owns some of the strongest brands on the market, such as Läkerol, Cloetta, Jenkki, Kexchoklad, Malaco, Sportlife, Saila, Red Band and Sperlari. Cloetta has 13 production units in six countries. Cloetta’s class B-shares are traded on Nasdaq Stockholm. More information about Cloetta is available on www.cloetta.com