Net sales for the quarter decreased by 0.8 per cent to SEK 1,448m (1,459), including a negative impact of foreign exchange rates of -0.1 per cent. Organic growth was -0.7 per cent. Operating profit increased to SEK 216m (212). Operating profit, adjusted, increased to SEK 224m (194).
Continued improved operating profit. Cloetta’s operating profit (EBIT) improved to SEK 216m (212) in the quarter and the operating profit margin improved to 14.9 per cent (14.5). Profit for the period amounted to SEK 108m (130). Sales were down slightly.
Cloetta AB will publish the interim report for the period 1 July – 30 September 2016 on Thursday 27 October at 08:00 a.m. CET. Following this report Cloetta will arrange a conference call with web presentation for media and analysts.