Cloetta AB to Discuss Plans to Invest in a New Sustainable Greenfield Facility in the Netherlands Call Transcript

May 10, 2022 / 06:00AM GMT
Nathalie Redmo - Cloetta AB(publ)-Head of IR&Communications

Good morning, and thank you for joining us on this conference call that we are hosting today following our announcement yesterday evening regarding that we are planning to invest in a new sustainable greenfield facility in the Netherlands and consolidate our manufacturing network. My name is Nathalie Redmo, and I'm Head of Investor Relations. I'm here today with Henri Sauvage, CEO; and Frans Rydén, CFO. Henri and Frans will take you through the proposal, and we will then move on to our Q&A session. And I will now hand over to you, Henri.

Henri de Sauvage-Nolting - Cloetta AB(publ)-President&CEO

Yes. Thanks, Nathalie. So I think for quite a while, we have been discussing with you that we were doing a review of our manufacturing network. And that we want to communicate the outcome of that with you today with our aim to build a world-class food tech manufacturing network. We

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