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.
Cloetta is pleased to announce today an agreement for its European core markets with PHD Media International, one of the world’s fastest growing media and communication agency networks and part of the Omnicom Media Group.
Nathalie Redmo has been appointed Head of Investor Relations and Communications in Cloetta. She will assume her position on 1 January 2020 and report to CFO Frans Rydén.