Cloetta AB (FRA:0CL)
€ 4.47 +0.0040 (+0.09%) Market Cap: 1.30 Bil Enterprise Value: 1.36 Bil PE Ratio: 19.26 PB Ratio: 2.43 GF Score: 70/100

Q1 2025 Cloetta AB Earnings Call Transcript

May 7, 2025 / 08:00 AM GMT
Release Date Price: €2.75 (+10.70%)

Key Points

Positve
  • Cloetta AB (FRA:0CL) reported exceptionally strong profitability improvement driven by its broad portfolio.
  • The company achieved a 25% or better profit despite high raw material costs.
  • Cloetta AB (FRA:0CL) has a strong market presence, being among the top three players in all Nordic markets.
  • The company has a clear strategic focus on its 10 super brands and aims to grow beyond its core markets.
  • Cloetta AB (FRA:0CL) reported a strong free cash flow of 199 million, nearly double that of Q1 2024.
Negative
  • Organic sales were down 1.1% due to the later celebration of Easter and the sale of the Nutrisol brand.
  • The company experienced a decline in branded packaged products sales by 3.4%, marking the first negative number in this segment.
  • Cloetta AB (FRA:0CL) faced challenges with high chocolate prices affecting consumption, especially towards the end of the quarter.
  • The reduction in SKUs and discontinuation of certain contract manufacturing agreements negatively impacted sales.
  • Increased marketing costs contributed to a rise in SG&A expenses, impacting overall profitability.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

CLOEb.ST - Cloetta AB
Q1 2025 Cloetta AB Earnings Call
May 07, 2025 / 08:00AM GMT

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Presentation
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Unidentified_1 [1]
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A very warm welcome to Sunny Stockholm and thank you for joining Cloeta's Q1 interim report presentation. I'm Laura Lido, the director of communications and Investor relations. Our CEO Katharina and CFO of Franz will first go through our results, after which we will move to the Q&A, where you, as per usual, either have the possibility to dial in and ask your question live or alternatively post your question to the chat. The chat is already now open for questions.

Over to you.

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Unidentified_2 [2]
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Katerina.

Thank you, Laura. I'm pleased to present the
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