President and CEO David Nuutinen comments on the results for the second quarter of 2016
Good sales growth and improved operating profit.Cloetta’s sales were up in the quarter, both organically and through acquisitions. Operating profit (EBIT) for the quarter improved and amounted to SEK 142m (130). Operating profit, adjusted for items affecting comparability, also strengthened to SEK 150m (133). Profit after tax increased to SEK 77m (66). Both operating profit margin and operating profit margin adjusted, improved to 10.4 per cent (10.2) and 11.0 per cent (10.4) respectively. The improvement in profit and margins was mainly driven by higher efficiency in supply chain but also