Interim report Q4 of Cloetta AB October - December 2018

Continued growth within branded packaged products

• Net sales for the quarter increased by 0.2 per cent to SEK 1,646m (1,643) including a positive impact from foreign exchange rates of 3.4 per cent. Organic growth amounted to –3.2 per cent.

• Operating profit amounted to SEK 159m (171). Profit for the period amounted to SEK 159m (20). Operating profit, adjusted for items affecting comparability, amounted to SEK 174m (206).

• Cash flow from operating activities amounted to SEK 288m (305).

• Net debt/EBITDA ratio was 2.31x (2.39).

• The Board proposes an ordinary dividend of SEK 1.00 (0.75) per share.

Please find enclosed the full report.

The interim report will be presented at a conference call with web presentation Friday 25 January at 2 p.m. (CET). Information is available at www.cloetta.com.

This information constituted before the publication inside information and is such that Cloetta AB (publ) is required to disclose pursuant to the EU Market Abuse Regulation. The information was submitted, by the below contact person, for publication on 25 January, 2019, at 1:00 pm CET.

Contacts
Jacob Broberg, Senior Vice President Corporate Communications and Investor Relations, 46 70-190 00 33
Frans Rydén, Chief Financial Officer, 08-527 28 800

About Cloetta

Cloetta, founded in 1862, is a leading confectionary company in the Nordic region and the Netherlands. Cloetta´s products are sold in more than 50 countries worldwide with Sweden, Finland, Denmark, Norway, the Netherlands, Germany and the UK as the main markets. Cloetta owns some of the strongest brands on the market, such as Läkerol, Cloetta, Candyking, Jenkki, Kexchoklad, Malaco, Sportlife and Red Band. Cloetta has 8 production units in 5 countries. Cloetta’s class B-shares are traded on Nasdaq Stockholm. More information about Cloetta is available on www.cloetta.com

Tags: