Interim report Q2, 1 September 2010 – 28 February 2011

Second quarter, 1 December 2010 – 28 February 2011

Net sales SEK 224 million (249)
   of which, Cloetta products SEK 202 million (212)
Operating profit/loss SEK –23 million (–7)
Operating margin neg (neg)
Profit/loss before tax SEK –23 million (–9)
Profit/loss after tax SEK –17 million (–7)
Earnings per share
   basic SEK –0.71 (–0.28)
   diluted SEK –0.71 (–0.28)

First half, 1 September 2010 – 28 February 2011

Net sales SEK 557 million (581)
   of which, Cloetta products SEK 496 million (499)
Operating profit SEK 22 million (37)
Operating margin 3.9% (6.4)
Profit before tax SEK 21 million (35)
Profit after tax SEK 15 million (25)
Earnings per share
   basic SEK 0.63 (1.05)
   diluted SEK 0.63 (1.05)

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