Brief: Cloetta AB - Q3 Operating Profit Amounted To Sek 87 mln

Cloetta AB

22/10/2020 07:11

Oct 22 (Reuters) - Cloetta AB  CLOEb.ST :
    * CLOETTA AB - Q3 NET SALES DECREASED BY 9.5 PER CENT TO SEK 1,474M (1,629), INCLUDING A
NEGATIVE
EFFECT OF 2.2 PER CENT DUE TO EXCHANGE RATE FLUCTUATIONS
    * CLOETTA AB - Q3 OPERATING PROFIT AMOUNTED TO SEK 87M (195)
    * CLOETTA AB - PROVIDED THAT COVID-19 RESTRICTIONS DO NOT CHANGE SIGNIFICANTLY DURING Q4,
CLOETTA
EXPECTS SALES OF BRANDED PACKAGED PRODUCTS TO BE AROUND PRIOR YEAR'S LEVEL
    * CLOETTA AB - PROVIDED THAT COVID-19 RESTRICTIONS DO NOT CHANGE SIGNIFICANTLY DURING Q4,
CLOETTA
SALES OF PICK & MIX WILL CONTINUE TO GRADUALLY IMPROVE

Source text for Eikon:  ID:nWkr4YCQWq 
Further company coverage:  CLOEb.ST 

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