Cloetta AB interim report April – June 2024: Improved profitability and continued organic growth
“Our operating environment during the second quarter saw a significantly reduced food price inflation than the same quarter last year. We delivered improved profitability and added another quarter of growth to the previous three years of consecutive organic growth. The improved profitability was mainly driven by the full quarterly effect of previous pricing and margin-improving initiatives in Pick & mix”, comments President and CEO Katarina Tell.· Net sales for the quarter increased by 2.0 per cent to SEK 2,038m (1,998) including a positive impact from foreign exchange rates of 0.7 per cent