Cloetta AB interim report Q4: October – December 2022
Cloetta is reporting the eight consecutive quarter of growth in Branded packaged products and continued volume growth in Pick & mix, with overall strengthened profitability. The dividend proposal is in line with prior year, supported by a healthy cash flow and strong balance sheet.· Net sales for the quarter increased by 14.6 per cent to SEK 1,905m (1,662) including a positive impact from foreign exchange rates of 5.1 per cent. · Sales of Branded packaged products increased organically by 6.1 per cent during the quarter. · Sales of Pick & mix increased organically by 21.0 per cent