Cloetta financials

This section contains information about Cloetta’s financial development, quarterly as well as yearly.

Cloetta has operated in its current form since 16 February 2012 when Cloetta AB acquired LEAF Holland B.V. The acquisition is recognised as a reversed acquisition, and consequently the comparable figures for previous years are those from LEAF. Since LEAF did not report interim reports, the tables Quarters, Rolling 12 months and Year to date shows 2011 and onwards.  Full year tables shows 2008 and onwards.

In the downloadable excel file you will find all financial tables for the Cloetta Group that are published in the interim reports. The file includes a few tables that are not published on the web site.

Reconciliation alternative performance measures
SEKm 2018
Q4
2018
Q3
2018
Q2
2018
Q1
2017
Q4
2017
Q3
2017
Q2
Items affecting comparability
Acquisitions, integration and factory restructurings -15 -7 -13 -3 -20 0 -25
 of which: impairment loss on other non-current assets - - - - - -9 -
Remeasurements of contingent considerations 0 -6 19 8 5 - -
Remeasurements of assets held for sale - - - - - - -
Other items affecting comparability 0 -1 4 -3 -20 - -
Items affecting comparability* -15 -14 10 2 -35 0 -25
*Corresponding line in the condensed consolidated profit and loss account:
Net sales 0 0 - - - - -
Cost of goods sold 6 -1 -1 -1 -22 1 -15
Other operating income - - 4 - - - 4
Selling expenses 0 -1 - - -3 - -3
General and administrative expenses -21 -12 7 3 -10 -1 -11
Total -15 -14 10 2 -35 0 -25
Operating profit, adjusted
Operating profit 159 180 155 166 171 169 90
Minus: Items affecting comparability -15 -14 10 2 -35 0 -25
Operating profit, adjusted 174 194 145 164 206 169 115
Net sales 1,646 1,538 1,472 1,562 1,643 1,505 1,414
Operating profit margin, adjusted, % 10.6 12.6 9.9 10.5 12.5 11.2 8.1
EBITDA, adjusted
Operating profit 159 180 155 166 171 169 90
Minus: Depreciation -52 -55 -54 -57 -56 -61 -53
Minus: Amortization -3 -3 -3 -3 -3 -4 -3
Minus: Impairment loss on other non-current assets - - - - - -9 -
EBITDA 214 238 212 226 230 243 146
Minus: Items affecting comparability (excl. impairment loss on other non-current assets) -15 -14 10 2 -35 9 -25
EBITDA, adjusted 229 252 202 224 265 234 171
Capital employed
Total assets 9,168 9,191 9,078 9,650 9,252 8,945 9,560
Minus: Deferred tax liability 754 794 786 731 703 625 641
Minus: Other non-current liabilities - - - 135 138 137 132
Minus: Non-current provisions 9 6 6 5 5 5 5
Minus: Current provisions 23 5 1 1 3 6 6
Minus: Other current liabilities 1,355 1,482 1,452 1,459 1,424 1,320 1,219
Minus: Assets held for sale - - - - - - 830
Plus: Interest-bearing other current liabilities - - - - - - -
Capital employed 7,027 6,904 6,833 7,319 6,979 6,852 6,727
Capital employed comparative period previous year 6,979 6,852 6,727 6,002 5,966 6,273 5,818
Average capital employed 7,003 6,878 6,780 6,661 6,473 6,563 6,273