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Cloetta AB (CLOEb.ST)

CLOEb.ST on Stockholm Stock Exchange

29.54SEK
3:04pm BST
Change (% chg)

0.16kr (+0.54%)
Prev Close
29.38kr
Open
29.38kr
Day's High
29.64kr
Day's Low
29.20kr
Volume
297,891
Avg. Vol
1,134,522
52-wk High
31.78kr
52-wk Low
22.32kr

Latest Key Developments (Source: Significant Developments)

Cloetta Q2 Operating Profit Rises To Sek 159 Mln
Friday, 12 Jul 2019 

July 12 (Reuters) - Cloetta AB ::Q2 NET SALES INCREASED BY 7.5 PER CENT TO SEK 1,583M (1,472).Q2 OPERATING PROFIT AMOUNTED TO SEK 159M (155).  Full Article

Cloetta Q1 Operating Profit Down At To SEK 164 Mln
Friday, 26 Apr 2019 

April 26 (Reuters) - Cloetta AB ::Q1 NET SALES FOR QUARTER DECLINED BY 0.2 PER CENT TO SEK 1,559M (1,562).Q1 OPERATING PROFIT AMOUNTED TO SEK 164M (166).Q1 CASH FLOW FROM OPERATING ACTIVITIES AMOUNTED TO SEK 154M (-29).  Full Article

Cloetta Q4 Operating Profit Falls To SEK 159 Million
Friday, 25 Jan 2019 

Jan 25 (Reuters) - Cloetta AB ::INTERIM REPORT Q4 OF CLOETTA AB OCTOBER - DECEMBER 2018.BOARD PROPOSES AN ORDINARY DIVIDEND OF SEK 1.00 (0.75) PER SHARE..Q4 NET SALES FOR QUARTER INCREASED BY 0.2 PER CENT TO SEK 1,646M (1,643).Q4 OPERATING PROFIT SEK 159 MILLION VERSUS SEK 171 MILLION YEAR AGO.WILL CONTINUE TO CUT COST IN ORDER TO BE ABLE TO BOTH INVEST AND IMPROVE PROFITABILITY.  Full Article

Cloetta's new line at factory in Turnhout expected to be operational in Q2 2018​​
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - CLOETTA AB ::‍DAMAGED LINE AT FACTORY IN TURNHOUT WILL BE REPLACED BY A NEW LINE EXPECTED TO BE OPERATIONAL IN Q2 2018​.SAYS ‍ESTIMATED SYNERGY SAVINGS FROM CANDYKING OF SEK 100M ON AN ANNUAL BASIS FROM 2020 STANDS FIRM.‍SAVING INITIATIVES WILL BE IMPLEMENTED IN 2018 AND ARE EXPECTED TO GIVE FULL SAVINGS IN 2019.  Full Article

Cloetta says ‍Q3 operating profit fell to SEK 169 mln ​
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - Cloetta Ab says::Net sales for Q3 increased by 17.1 pct to SEK 1,505m (1,285)​.Q3 operating profit amounted to SEK 169m (195).​.Q3 cash flow from operating activities amounted to SEK 135m (116)​.Q3 net debt/ebitda ratio was 2.63 (2.76)​.  Full Article

Cloetta's EBIT to be negatively impacted by short-term issues in Q3
Thursday, 14 Sep 2017 

Sept 14 (Reuters) - Cloetta AB says::EBIT to be negatively impacted by mainly short-term issues..Operating profit, adjusted, is in Q3 expected to be SEK 40 - 50 million lower compared to last year..‍This is mainly due to lower volumes but also higher raw material cost and negative exchange rate differences..Also, the damages due to fire in one of the production lines in the factory in Turnhout, Belgium, has proven to be bigger than initially expected, resulting in production capacity constraints and significantly lower produced volumes. .  Full Article

Cloetta completes divestment of its Italian operations
Tuesday, 5 Sep 2017 

Sept 5 (Reuters) - CLOETTA AB :CLOETTA HAS COMPLETED THE DIVESTMENT OF ITS ITALIAN OPERATIONS.PROCEEDS WILL GENERATE A POSITIVE NET CASH EFFECT OF SEK 415M DURING 2017.  Full Article