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Cloetta AB ( ($SE:CLA.B) ) has issued an update.
Cloetta AB reported a strong improvement in profitability for the first quarter of 2025, despite a slight decrease in net sales due to factors like the divestment of the Nutisal brand and foreign exchange rates. The company achieved a significant increase in operating profit and profit margins, driven by its diverse product portfolio and strategic focus on high-margin products. Cloetta also announced plans to restructure its organization to align with new strategic priorities, aiming for annual savings and improved agility. The company continues to invest in its Superbrands and expand its market presence, as seen with the launch of Mynthon pastilles in new Scandinavian markets.
More about Cloetta AB
Cloetta AB is a company operating in the confectionery industry, known for its broad product portfolio that includes branded packaged products and Pick & Mix offerings. The company focuses on stable consumer demand and long-term consumer trends, with a market presence in Scandinavian countries.
Average Trading Volume: 321,488
Current Market Cap: SEK8.25B
See more data about CLA.B stock on TipRanks’ Stock Analysis page.
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