Cloetta’s new sustainability agenda, A Sweeter Future, reflects a heightened ambition and the company’s purpose. Demonstrating an increased engagement, Cloetta joins the internationally renowned Science Based Targets initiative, and sets clearer goals for its long-term work to reduce the company’s total carbon footprint.
Cloetta’s fruit-based candy, which contains 50% fruit, is a major innovation for 2021 that has been launched across markets under the company’s existing local candy brand portfolio. The product delivers on key consumer trends and is an important part of Cloetta’s innovation strategy to drive organic growth and profitability within the Branded packaged product segment.
Improved sales during the second half of the quarter while the negative EBIT impact was partly mitigated by phasing of supply chain costs to the third quarter.
Start of the year negatively impacted by COVID-19
Cloetta’s Annual General Meeting (AGM) was held on Thursday, 2 April 2020, in Stockholm, Sweden.
Due to the spread of the coronavirus (COVID-19), Cloetta is taking precautionary measures in relation to the Annual General Meeting on April 2, 2020.
Cloetta´s annual report 2019 has today been published on Cloetta´s website.
Cloetta’s Nomination Committee proposes that Mikael Norman be elected as new Chairman of the Board of Directors at the Annual General Meeting, which takes place on 2 April 2020. The current Chairman, Lilian Fossum Biner, has declined re-election.
Continued growth in branded packaged products and improved profitability.
Cloetta AB will publish the year-end report for the period 1 January – 31 December 2019 on Wednesday 29 January 2020 at 8 a.m. CET. Following this report Cloetta will organize a conference call with web presentation for media and the financial community.