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President and CEO Henri de Sauvage-Nolting comments on the results for the second quarter of 2017

The quarter was challenging both in terms of sales and operating profit and going forward we need to focus even more on our organic sales and profit development. Cloetta’s business structure now also changes significantly due to the acquisition of Candyking and the agreement to divest Cloetta Italy. As a result, Cloetta Italy is no longer part of the comparative figures and is accounted for as assets held for sale and discontinued operation.

Interim report Q2, April – June 2017

Net sales for the quarter increased by 15.8 per cent to SEK 1,414m (1,221) including a positive impact from foreign exchange rates of 3.1 per cent. Operating profit amounted to SEK 90m (148). Profit for the period amounted to SEK –329m (77).