Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story stocks' without revenue, let alone profit. But the reality is that when a company ...
Swedish snacks manufacturer Cloetta has agreed to hand off its Nutisal roasted nuts label to Dutch peer The Monchy Food Company. The business is to be sold for around €5 to €6m ($5.4m - €6.5m), the ...
The Board of Directors of Cloetta AB (publ) (“Cloetta” or “the Company”) has previously suggested that the extraordinary general meeting, to be held on February 15, authorizes the Board of Directors ...
With a new CEO at Cloetta, the European confectioner has already faced questions about its possible acquisition targets. However, Stefan Kirk, just-food M&A columnist and advisor at Glenboden, ...
I discuss Swedish candy company Cloetta, noting its above-average margins and profitability despite challenges such as sugar taxes and input inflation. Despite a decline in sales during the COVID-19 ...
Cloetta AB is a buy right now, supported by positive momentum, rising profitability, and a clear strategic direction toward margin and earnings growth. Despite temporary sales headwinds from Easter ...
Cloetta has ruled out further acquisitions as the European confectionery maker drums down on organic growth in an increasingly inflationary environment. Sweden-headquartered Cloetta today (28 January) ...
Swedish confectionery maker Cloetta has announced new strategic priorities to drive growth and updated its financial targets ahead of an investor day event. The updated strategy and financial targets ...
As previously announced Cloetta AB (publ) (“Cloetta”) has on 15 December 2011 entered into an agreement with Leaf Holding S.A. (Not 1) to acquire all shares in Leaf Holland B.V. (“LEAF”). All ...
STOCKHOLM--(BUSINESS WIRE)--Regulatory News: Improved operating profit (EBIT), stronger cash flow and lower net debt. Cloetta’s operating profit (EBIT) for the quarter increased to SEK 108m (90).
Interoute, owner operator of a global cloud services platform and one of Europe’s largest networks, has today announced that Cloetta, a market leading confectionary company, has chosen Interoute Cloud ...
2015 was a record year for Cloetta. All in all, sales were up by 6.8 per cent, of which 1.5 per cent was organic growth. This sales growth, combined with lower restructuring costs and good cost ...