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Cloetta Annual Report 2017

Highlights of 2017.

Q1

  • Strategic review of Cloetta Italy is announced.
  • Henri de Sauvage-Nolting takes his seat as new President and CEO.

Q2

  • Acquisition of Candyking is completed.
  • Dividend of SEK 0.75 per share is paid, representing 53 per cent of net profit before impairment.
  • A fire at the factory in Turnhout, Belgium, destroys one production line.

Q3

  • Marcel Mensink is appointed as new President Operations.
  • Cloetta receives best corporate website award.
  • Divestment of Cloetta Italy is completed.

Q4

  • Cloetta’s Scandinavian management to be divided into two roles, President Cloetta Sweden and President Cloetta Denmark & Norway.
  • The Board proposes an ordinary dividend of SEK 0.75 per share and a special dividend of SEK 0.75 per share, in total corresponding to SEK 1.50 per share.