Sales growth of 3.0 per cent and realised synergies contributed to an improvement in underlying operating profit (EBIT) compared to the previous year for the fourth consecutive quarter.
Net sales for the quarter increased by 3.0 per cent including a positive impact from foreign exchange of 1.6 per cent. Operating profit was SEK 131m (90).
Cloetta AB will publish the interim report for the period 1 January – 30 September 2013 on Thursday 14 November at 08:00 a.m. CET. Following this report Cloetta will arrange a conference call with web presentation for media and analysts.
CEO Bengt Baron comments on the third quarter development: “After a relatively weak first half of the year, the third quarter shows that we are on the right track…
Net sales for the quarter amounted to SEK 1,159m (1,124). Operating profit was SEK 90m (129). Underlying net sales decreased by 3.2 per cent, which was caused by weak market conditions.
Net sales for the third quarter amounted to SEK 237m (305).
Operating profit/loss was SEK -8m (3).