Interim report Q1; 1 September - 30 November 2010
FIRST QUARTER 1 SEPTEMBER - 30 NOVEMBER 2010
Net sales SEK 333 million (332)
of which, Cloetta products SEK 293 million (287)
Operating profit SEK 45 million (44)
Operating margin 13.5% (13.3)
Profit before tax SEK 44 million (44)
Profit after tax SEK 32 million (32)
Earnings per share
basic SEK 1.35 (1.33)
diluted SEK 1.32 (1.30)
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 confectionery company in the Nordic region. The company’s most important brands are Kexchoklad, Center, Plopp, Polly, Tarragona, Guldnougat, Bridge, Juleskum, Sportlunch, Extra Starka and the chocolate bar series Good. Cloetta has two production units in Sweden, one in Ljungsbro and one in Alingsås. For the period from 1 September 2009 to 31 August 2010, Cloetta posted net sales of SEK 1,061 million. The company’s class B shares are traded on NASDAQ OMX Stockholm.
www.cloetta.com