Oct 22, 2020 / 09:00AM GMT
Nathalie Redmo - Cloetta AB(publ)-Head of IR&Communications
Good morning, and thank you for joining us on the Q3 Conference Call for Cloetta. My name is Nathalie Redmo, and I am Head of Investor Relations.
With me here today are Henri de Sauvage, CEO of Cloetta; and Frans Rydén, CFO. Henri and Frans will take you through our third quarter results, and we will then move on to a Q&A session.
I will now hand over to you, Henri.
Henri de Sauvage-Nolting - Cloetta AB(publ)-President&CEO
Very good. Thank you, Nathalie. Some key messages to start with for Q3. Very pleased, good to see that we are back to having growth in our branded business. So a good quarter driven by both marketing investments, innovation, but also increased traffic in the nonfood retail stores. A continued recovery for pick & mix, but consumer demand is still very subdued, minus 30%. Of course, it was minus 60% in quarter 2. Traffic is coming
Q3 2020 Cloetta AB Earnings Call Transcript
Oct 22, 2020
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