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 2019
Q2
2019
Q1
2018
Q4
2018
Q3
2018
Q2
2018
Q1
2017
Q4
Items affecting comparability
Acquisitions, integration and factory restructurings 1 -2 -15 -7 -13 -3 -20
 of which: impairment loss on other non-current assets - - - - - - -
Remeasurements of contingent considerations - - 0 -6 19 8 5
Remeasurements of assets held for sale - - - - - - -
Other items affecting comparability -3 0 0 -1 4 -3 -20
Items affecting comparability* -2 -2 -15 -14 10 2 -35
*Corresponding line in the condensed consolidated profit and loss account:
Net sales - - 0 0 - - -
Cost of goods sold 3 -1 6 -1 -1 -1 -22
Other operating income - - - - 4 - -
Selling expenses - - 0 -1 - - -3
General and administrative expenses -5 -1 -21 -12 7 3 -10
Total -2 -2 -15 -14 10 2 -35
Operating profit, adjusted (1)
Operating profit 159 164 159 180 155 166 171
Minus: Items affecting comparability -2 -2 -15 -14 10 2 -35
Operating profit, adjusted 161 166 174 194 145 164 206
Net sales 1,583 1,559 1,646 1,538 1,472 1,562 1,643
Operating profit margin, adjusted, % 10.2 10.6 10.6 12.6 9.9 10.5 12.5
EBITDA, adjusted (1)
Operating profit 159 164 159 180 155 166 171
Minus: Depreciation -74 -74 -52 -55 -54 -57 -56
Minus: Amortization -3 -3 -3 -3 -3 -3 -3
Minus: Impairment loss on other non-current assets - - - - - - -
EBITDA 236 241 214 238 212 226 230
Minus: Items affecting comparability (excl. impairment loss on other non-current assets) -2 -2 -15 -14 10 2 -35
EBITDA, adjusted 238 243 229 252 202 224 265
Capital employed (1)
Total assets 9,410 9,854 9,168 9,191 9,078 9,650 9,252
Minus: Deferred tax liability 792 768 754 794 786 731 703
Minus: Other non-current liabilities - - - - - 135 138
Minus: Non-current provisions 6 6 9 6 6 5 5
Minus: Current provisions 11 19 23 5 1 1 3
Minus: Other current liabilities 1,239 1,407 1,355 1,482 1,452 1,459 1,424
Minus: Assets held for sale - - - - - - -
Plus: Interest-bearing other current liabilities - - - - - - -
Capital employed 7,362 7,654 7,027 6,904 6,833 7,319 6,979
Capital employed comparative period previous year 6,833 7,319 6,979 6,852 6,727 6,002 5,966