Cloetta AB Reports Q2 Results with Improved Profitability

Cloetta AB (CLOEF) reported second-quarter results showing an increase in adjusted operating profit to SEK 310M, up from SEK 240M a year ago. Net sales rose slightly by 0.4% year-over-year to SEK 2,087M with organic growth of 0.8%. The Branded Packaged Products segment saw strong performance while Pick & Mix experienced a decline.

By Manshi Mamtora, CFA, SA News Editor · Seeking Alpha ·

Cloetta AB Reports Q2 Results with Improved Profitability

Topics: financial_performance sales_growth

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