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.

Key figures and per share data
SEKm 2019
Q3
2019
Q2
2019
Q1
2018
Q4
2018
Q3
2018
Q2
2018
Q1
Profit
Net sales 1,629 1,583 1,559 1,646 1,538 1,472 1,562
Net sales, change, % 5.9 7.5 -0.2 0.2 2.2 4.1 27.8
Organic net sales, change, % 4.3 5.7 -2.8 -3.2 -3.6 -4.9 1.1
Gross margin, % 36.0 36.6 36.3 36.8 36.3 38.0 35.9
Depreciation (1) -73 -74 -74 -52 -55 -54 -57
Amortization -2 -3 -3 -3 -3 -3 -3
Impairment loss other non-current assets - - - - - - -
Operating profit, adjusted (1) 200 161 166 174 194 145 164
Operating profit margin, adjusted, % (1) 12.3 10.2 10.6 10.6 12.6 9.9 10.5
Operating profit (EBIT) (1) 195 159 164 159 180 155 166
Operating profit margin (EBIT margin), % (1) 12.0 10.0 10.5 9.7 11.7 10.5 10.6
EBITDA, adjusted (1) 275 238 243 229 252 202 224
EBITDA (1) 270 236 241 214 238 212 226
Profit/loss margin, % 10.7 8.1 8.4 8.7 10.9 8.7 7.9
Financial position
Working capital 659 660 453 402 478 505 458
Capital expenditure (1) 65 46 46 48 44 51 41
Net debt (1) 2,556 2,727 2,378 2,091 2,339 2,561 2,173
Capital employed (1) 7,514 7,362 7,654 7,027 6,904 6,833 7,319
Return on capital employed, % (Rolling 12 months) (1) 9.4 9.4 8.9 9.5 9.8 9.8 9.0
Equity/assets ratio, % (1) 42.4 42.0 41.7 43.3 41.9 41.4 42.1
Net debt/equity ratio (1) 62.3 69.0 57.9 52.7 60.8 68.1 53.5
Return on equity, % (Rolling 12 months) 11.8 12.3 11.9 12.2 8.9 8.5 6.6
Equity per share, SEK 14.2 13.7 14.2 13.7 13.3 13.0 14.1
Net Debt/EBITDA (Rolling 12 months) (1) 2.5 2.7 2.4 2.3 2.5 2.8 2.4
Cash flow
Cash flow from operating activities (1) 255 -3 154 288 250 119 -29
Cash flow from investing activities -56 -36 -189 -48 -44 -51 -41
Cash flow after investments (1) 199 -39 -35 240 206 68 -70
Free cash flow (1) 199 -41 111 240 206 68 -70
Free cash flow yield (Rolling 12 months), % (1) 6.2 5.9 9.0 6.3 5.8 4.5 4.0
Cash flow from operating activities per share, SEK (1) 0.9 -0,0 0.5 1.0 0.9 0.4 -0.1
Employees
Average number of employees (2) 2,652 2,623 2,557 2,452 2,416 2,459 2,477
Share data
Earnings per share, SEK
Basic (3) 0.45 0.34 0.35 0.55 0.46 0.34 0.33
Diluted (3) 0.45 0.34 0.35 0.55 0.46 0.34 0.33
Number of shares at end of period 288,619,299 288,619,299 288,619,299 288,619,299 288,619,299 288,619,299 288,619,299
Average numbers of shares (basic) (3) 286,538,416 286,610,771 286,627,393 286,627,393 286,627,393 286,413,012 286,296,737
Average numbers of shares (diluted) (3) 286,695,456 286,844,136 286,795,950 286,803,180 286,765,707 286,620,265 286,562,172