Interim report 1 September 2009 - 31 May 2010

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Third quarter 1 March 2010 - 31 May 2010

Net sales SEK 267 million (237)
  of which, Cloetta products SEK 230 million (204)
Operating profit/loss SEK 4 million (-8)
Operating profit excluding items affecting comparability 1) SEK 4 million (2)
Operating margin 1.5 % (neg)
Operating margin excluding items affecting comparability 1) 1.5 % (0.8)
Profit/loss before tax SEK 3 million (-8)
Profit/loss after tax SEK 2 million (-7)
Earnings per share, basic and diluted SEK 0.09 (-0.32)

1) Mainly attributable to the demerger of Cloetta Fazer in the previous year.

Nine months 1 September 2009 - 31 May 2010

Net sales SEK 848 million (972) 2)
 
of which, Cloetta products SEK 729 million (671)
Operating profit/loss SEK 41 million (22)
Operating profit excluding items affecting comparability 1) SEK 41 million (27)
Operating margin 4.8 % (2.3)
Operating margin excluding items affecting comparability 1) 4.8 % (2.8)
Profit/loss before tax SEK 38 million (24)
Profit/loss after tax SEK 27 million (25)
Earnings per share, basic and diluted SEK 1.14 (1.03)

1) Mainly attributable to the demerger of Cloetta Fazer in the previous year.
2) Including sales of Fazer’s products during September-December 2008.

 

For further information contact Curt Petri, Managing Director and CEO, mobile +46 70-593 21 69 or Kent Sandin, CFO, mobile +46 70-582 77 95.

About Cloetta
Founded in 1862, Cloetta is the oldest and only major Swedish confectionery company in the Nordic region. The company’s best known brands are Kexchoklad, Center, Plopp, Polly, Tarragona, Guldnougat, Bridge, Juleskum, Sportlunch, Extra Starka and the Cloetta good chocolate bar series. Cloetta has two production units in Sweden, one in Ljungsbro and one in Alingsås. For the period from 1 September 2008 to 31 August 2009, Cloetta posted net sales of SEK 1,184 million. The company’s class B shares are traded on NASDAQ OMX Stockholm.
www.cloetta.com

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