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  • Cloetta AB
    http://www.cloetta.com
  • Laura Lindholm

    Director of IR & Communications


    +46 (0)766 96 59 40
    http://www.cloetta.com
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    Cloetta AB interim report July – September 2024: Continued organic growth and strengthened profit

    "In the third quarter, we continued to grow organically while food price inflation stabilised. Total volumes were stable, with Pick & mix growing faster than Branded packaged products. Profitability increased mainly driven by our continued margin-enhancing activities in Pick & mix. The historically high cocoa price did not significantly impact this quarter", comments President and CEO Katarina Tell.· Net sales for the quarter increased by 2.2 per cent to SEK 2,196m (2,148) including a negative impact from foreign exchange rates of -2.0 per cent · Sales of Branded packaged products

    Invitation to presentation of Cloetta´s interim report for the third quarter 2024

    Stockholm, Sweden – Cloetta AB, a leading confectionery company in Northern Europe and home to some of the strongest brands on the market, will publish the interim report for the third quarter on Friday 25 October, 2024 at 7.30 a.m. CEST. Following this report Cloetta will organise a conference call press, investors and analysts at 10:00 a.m. CEST.President and CEO Katarina Tell and CFO Frans Rydén will present and comment on the report. After the presentation there will be time for questions, both on the phone and in the web presentation and it is possible to preregister questions via

    Cloetta’s Nomination Committee for the AGM 2025

    In accordance with the decision of the Annual General Meeting, Cloetta AB’s Nomination Committee shall consist of at least four and at most six members. Cloetta hereby announces that the Nomination Committee has now been appointed ahead of the Annual General Meeting in April 2025. The Nomination Committee consists of the following members: Lars Schedin, Chairman, appointed by AB Malfors PromotorMagdalena Kettis, appointed by Nordea FundsLena Lundin, appointed by Ulla HåkansonMorten Falkenberg, appointed by the Board of Cloetta AB Cloetta’s 2025 Annual General Meeting will be

    Cloetta puts investment in greenfield plant on hold and initiates reassessment of the plant and options

    Cloetta has decided to initiate a reassessment of both the greenfield investment and alternative options to secure a more efficient manufacturing structure, due to increased risk relating to energy supply with resulting changes to the timing of the planned start-up. As a result, all construction or other infrastructure investments in the initiated greenfield have been put on hold.In 2022, Cloetta announced the plan to invest in a greenfield facility and the closure of three existing confectionery plants in the Netherlands and in Belgium. The greenfield project is currently in the regulatory

    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

    Invitation to presentation of Cloetta´s interim report for the second quarter 2024

    Cloetta AB will publish the interim report for the second quarter on Friday 12 July 2024 at 7.30 a.m. local time CEST. Following this report Cloetta will organise a conference call with web presentation for press, investors and analysts at 10:00 a.m. local time.President and CEO Katarina Tell and CFO Frans Rydén will present and comment on the report. After the presentation there will be time for questions, both on the phone and in the web presentation and it is possible to preregister questions via email to ir@cloetta.com. Dial-in number(s)SE: +46 8 5051 0031UK: +44 207 107 0613US:

    Cloetta appoints Ulrika Palm as President Cloetta Sweden

    Cloetta AB, a leading confectionery company in Northern Europe and home to some of the strongest brands on the market, is pleased to announce that Ulrika Palm has been appointed President of the group's largest geographical market, Cloetta Sweden. Ulrika Palm will be a member of Cloetta’s Group Management Team and succeeds Katarina Tell, who was appointed President and CEO of Cloetta AB in April 2024. Ulrika will join Cloetta in autumn 2024 at the latest. Most recently, she held the positions of Division Director Nordics and CEO of Midsona Sverige AB and was member of the Group

    Cloetta divests Nutisal brand to further focus on core confectionary portfolio

    Stockholm, Sweden; May 31, 2024 — Cloetta, a leading confectionary company in Northern Europe and home to some of the strongest brands on the market, has today signed an agreement to divest its dry roasted nuts brand Nutisal to The Monchy Food Company, headquartered in the Netherlands. Related to the divestment, Cloetta will record a non-cash impairment in its second quarter 2024 interim results.The divestment is part of Cloetta’s previously communicated plan to continue streamlining the brand and product portfolio to reduce complexity to support the long-term goal of an adjusted EBIT

    Cloetta AB interim report January – March 2024: Profit protected despite historically high cocoa price

    "In an operating environment still affected by food price inflation and continued macroeconomic uncertainty, I’m very happy to deliver another strong quarter. Inflationary pressure varies across industries, but the confectionary industry in particular continues to be affected by rising raw material costs with record high cocoa prices", comments President and CEO Henri de Sauvage-Nolting.· Net sales for the quarter increased by 6.1 per cent to SEK 2,094m (1,973) including a positive impact from foreign exchange rates of 0.4 per cent · Sales of Branded packaged products increased

    Invitation to conference call of Cloetta´s interim report Q1 2024

    Cloetta  AB will publish the interim report for the period 1 January – 31 March 2024 on Friday 26 April 2024 at 7.30 a.m. CEST. Following this report Cloetta will organise a conference call with web presentation for media and the financial community at 10.00 am.President and CEO Henri de Sauvage Nolting and CFO Frans Rydén will present and comment on the report. After the presentation there will be time for questions, both on the phone and in the web presentation. It is possible to preregister questions via email to ir@cloetta.com. Time for the publication of

    Decisions taken at the Annual General Meeting of Cloetta on 9 April 2024

    Cloetta's Annual General Meeting (AGM) was held on Tuesday, 9 April 2024, in Stockholm, Sweden.Adoption of the balance sheet and profit and loss accountsThe AGM adopted the balance sheet and profit and loss accounts of the parent company and the Group for the preceding year. Disposition of the company’s earningsThe AGM approved the proposed dividend of SEK 1.00 per share, corresponding to a total amount of SEK 285,342,034. The record day for the dividend was set for Thursday, 11 April 2024. The payment is expected to be distributed through Euroclear Sweden AB on Tuesday, 16 April

    Cloetta appoints Katarina Tell as President and CEO

    Stockholm, Sweden; April 4, 2024 — The Board of Directors of Cloetta AB has appointed Katarina Tell as President and Chief Executive Officer, effective no later than September 1, 2024. As previously communicated, Henri de Sauvage Nolting has informed the Board that he wishes to resign from his position as President and CEO of the company. He will remain in his role until September 1, 2024.Katarina Tell (53) joined Cloetta in 2018 as President Cloetta Sweden and member of the Group Management Team. She has extensive FMCG industry experience from leading international and executive roles from

    Cloetta’s Annual and Sustainability Report 2023 published

    Cloetta , a leading confectionary company in Northern Europe and home to some of the strongest brands on the market, is pleased to announce the publication of Cloetta AB’s Annual and Sustainability Report 2023. The report is available on Cloetta’s website www.cloetta.com.“The last few years have been challenging due to many macroeconomic developments, but have also given us the opportunity to demonstrate the resilience of our core categories and brands. In 2020, Cloetta joined the Science Based Targets initiatives and set goals in line with the Paris agreement.

    Notice of the Annual General Meeting of Cloetta AB (publ)

    Shareholders of Cloetta AB (publ), reg. no. 556308-8144, are hereby invited to attend the Annual General Meeting, to be held on Tuesday, 9 April 2024 at 15:00 CET at Bonnier Fastigheter Konferens, Torsgatan 21 in Stockholm, Sweden. Registration will commence at 14:00 CET.The Board of Directors has resolved that shareholders may also exercise their voting right at the Annual General Meeting by postal voting pursuant to the provisions in the Articles of Association of Cloetta.   Right to attend the meeting and notice Shareholders who wish to participate in the Annual General Meeting

    Proposals of Cloetta AB’s Nomination Committee - Morten Falkenberg proposed as new Chairman

    Cloetta’s Nomination Committee has informed the company of its proposal to the Annual General Meeting (AGM) regarding the Board of Directors. The Nomination Committee proposes that Morten Falkenberg is elected as new director and Chairman of the Board of Directors at the AGM, which will be held on Tuesday April 9, 2024.The Nomination Committee proposes re-election of current directors Patrick Bergander, Malin Jennerholm, Alan McLean Raleigh, Camilla Svenfelt, Mikael Svenfelt and Pauline Lindwall and that Morten Falkenberg is elected as a new director as well as new Chairman of the Board of

    Cloetta AB interim report Q4: October – December 2023

    Cloetta ends the year with another strong quarter, where both Branded packaged products and Pick & mix continue to deliver double-digit growth. Full-year net sales are for the first time in the company’s history exceeding SEK 8 billion. The sales were accompanied by an all-time high operating profit, despite compressed margins. The Greenfield project progressed as planned in all workstreams, and the technical ability to operate Europe’s first emission-free major candy factory has been confirmed.· Net sales for the quarter increased by 14.5 per cent to SEK 2,182m (1,905) including a positive

    CEO Henri de Sauvage-Nolting to leave Cloetta

    Henri de Sauvage-Nolting has informed the Board of Directors of Cloetta AB that he wishes to resign from his position as President and CEO of the company. He will remain in his role until September 1, 2024. The Board of Directors will now initiate the recruitment of a new President and CEO.“I would like to thank Henri for the fantastic job during his seven years as CEO of Cloetta. I know this has been a tough and difficult decision for him and the Board sincerely regrets that he will be leaving the company. Henri has led the company through a few years with exceptional uncertainty in the

    Cloetta appoints Laura Lindholm as Director of IR and Communications

    Cloetta  AB, a leading confectionary company in Northern Europe and home to some of the strongest brands on the market, is pleased to announce the appointment of Laura Lindholm  as Director of Investor Relations and Communications to develop and drive the company’s investor relations (IR), corporate communications and media relations. Laura will report to CFO Frans Rydén and assumes her position during January 2024.Laura joins Cloetta from communications consultancy Miltton , where she served as

    Invitation to presentation of Cloetta AB´s year-end report 2023

    Cloetta AB will publish the year-end report for the period 1 October – 31 December 2023 on Friday 26 January 2024 at 7.30 a.m. CET. Following this report Cloetta will organise a conference call with web presentation for media and the financial community.President and CEO Henri de Sauvage Nolting and CFO Frans Rydén will present and comment on the report. After the presentation there will be time for questions, both on the phone and in the web presentation. It is possible to preregister questions via email to ir@cloetta.com. Time for the publication of the interim reportFriday 26

    Cloetta AB interim report Q3: July – September 2023

    Cloetta continues to deliver strong double-digit growth in both Branded packaged products and Pick & mix, despite a large retail customer in the UK going into administration. The overall strong sales were accompanied by strengthened profit primarily driven by mix, pricing and cost control. The Greenfield facility is progressing through the permitting process with an expected new timeline.· Net sales for the quarter increased by 19.5 per cent to SEK 2,148m (1,798) including a positive impact from foreign exchange rates of 7.3 per cent. · Sales of Branded packaged products increased

    Invitation to conference call with web presentation of Cloetta AB´s interim report Q3 2023

    Cloetta AB will publish the interim report for the period 1 July – 30 September 2023 on Friday 27 October 2023 at 7.30 a.m. CEST. Following this report Cloetta will organise a conference call with web presentation for media and the financial community.President and CEO Henri de Sauvage Nolting and CFO Frans Rydén will present and comment on the report. After the presentation there will be time for questions, both on the phone and in the web presentation.   Time for the publication of the interim report Friday 27 October at 07:30 a.m. CEST    Time for conference call and web

    Cloetta’s chairman Mikael Norman declines re-election

    Mikael Norman declines re-election as the chairman of the board for Cloetta AB. Norman remains chairman of the board until the annual general meeting on April 9, 2024.· I have informed Cloetta's nomination committee that I intend to leave the board in connection with the next annual general meeting, as I have made the decision to cut back on my external assignments. My successor will have the opportunity to continue driving the company's long-term growth strategy, and I look forward to following Cloetta's development as a shareholder, says Mikael Norman. · Mikael Norman was a board

    Nomination committee appointed ahead of 2024 Annual General Meeting of Cloetta AB (publ)

    In accordance with the decision of the Annual General Meeting, Cloetta’s nomination committee shall consist of at least four and at most six members. Cloetta hereby announces that the nomination committee now has been appointed ahead of the Annual General Meeting in April 2024.The nomination committee consists of the following members: Lars Schedin, Chairman, appointed by AB Malfors PromotorJohan Törnqvist, appointed by Ulla HåkansonVictoria Lidén, appointed by Storebrand Fonder ABMikael Norman, appointed by the Board of Cloetta AB

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