Cloetta AB interim report Q1, January – March 2019
Continued growth in branded packaged products and stable operating profit.• Net sales for the quarter declined by 0.2 per cent to SEK 1,559m (1,562) including a positive impact from foreign exchange rates of 2.8 per cent. • Operating profit amounted to SEK 164m (166). Profit for the period amounted to SEK 99m (95). Operating profit, adjusted for items affecting comparability, amounted to SEK 166m (164). • Cash flow from operating activities amounted to SEK 154m (–29). • Net debt/EBITDA ratio was 2.4x (2.4). Please find enclosed the full report. The interim report will be