Cloetta’s proximity to customers and consumers, our knowledge of local and regional market conditions combined with strong local brands, efficient production and innovation power are important competitive factors for continued growth. Our long term financial goals are:
Organic sales growth
Cloetta’s long-term target is to increase organic sales at least in line with market growth.
EBIT margin
Cloetta’s long-term target is an EBIT margin, adjusted of at least 14 per cent.
Net debt
Cloetta’s long-term target is a net debt/EBITDA ratio of 2.5x.
Dividend policy
Cloetta’s policy is to have a dividend payout ratio of 40 to 60 per cent of profit for the year.
