Trade Cloetta B - CLAb CFD

Cloetta Company profile

About Cloetta AB

Cloetta AB is a Sweden-based company active in the chocolate and sugar confectionery market. The primary ingredient for its products is cocoa. The Company uses cocoa mass that is produced from seeds found in the fruit of cocoa trees grown along the equator. It produce and sells products within three main categories, namely Chocolate, which comprises chocolate wafers, plates, pralines and dragees; Sugar confectionery, which comprises foam, wine gums, liquorice, toffees, hard boiled candy, chewy candy, toffee/fudge/caramel and lollypops, and Refreshment, which comprises pastilles and chewing gum. The Company owns such brands, as Lakerol, Cloetta, Jenkki, Kexchoklad, Malaco, Sportlife, Saila, Red Band and Sperlari. The Company has 12 production units in six countries. In January 2014, it acquired Alrifai Nutisal AB. In May 2014, it acquired 75% of shares of Aran Candy Ltd and the brand The Jelly Bean Factory, Irish company producing and selling gourmet Jelly Beans.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Cloetta AB revenues increased 6% to SEK6.05B. Net income increased 78% to SEK472M. Revenues reflect Pick & mix segment increase of 16% to SEK1.36B, Branded packaged products segment increase of 4% to SEK4.69B, Sweden segment increase of 6% to SEK1.87B, Norway segment increase of 24% to SEK423.2M.

Equity composition

3/2012, Rights Issue, 4 new shares for every 1 share held @ SEK10.79 (Factor: 2.32457).