The latest announcement is out from Cloetta AB ( ($SE:CLA.B) ).
Cloetta AB has announced plans to restructure its organization to align with new strategic priorities aimed at driving profitable growth. The company will focus on enhancing its operating model, which includes a reduction of up to 100 positions across Europe, expected to save SEK 60-70 million annually by 2026. These changes are part of Cloetta’s efforts to strengthen its market position and improve operational efficiency, with a one-time cost of SEK 60-70 million anticipated in 2025.
More about Cloetta AB
Cloetta AB is a leading confectionery company in Northern Europe, focusing on producing and distributing candy and other sweet treats. The company is known for its strong presence in core markets and aims to expand its influence in Germany, the UK, and North America.
YTD Price Performance: 33.87%
Technical Sentiment Signal: Sell
Current Market Cap: $821.4M
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