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Cloetta AB ( ($SE:CLA.B) ) has issued an announcement.
Cloetta AB is restructuring its organizational framework to align with its new strategic priorities aimed at profitable growth. The company plans to reduce up to 100 positions across Europe by the end of 2025, expecting annual savings of SEK 60-70 million. These changes are intended to enhance the company’s operating model and market position, with full savings expected by the first quarter of 2026.
More about Cloetta AB
Cloetta AB is a leading confectionery company in Northern Europe, known for its focus on producing and distributing sweets and chocolates. The company is concentrating on expanding its market presence in core markets with its superbrands and exploring growth opportunities in Germany, the UK, and North America.
YTD Price Performance: 33.87%
Technical Sentiment Signal: Sell
Current Market Cap: $821.4M
See more data about CLA.B stock on TipRanks’ Stock Analysis page.