Sweden's Cloetta Q1 organic sales rise, dividend increased

Cloetta AB

06/05/2026 06:47

Overview

Sweden confectionery maker's Q1 organic sales grew 6.9%, led by Pick & mix segment

Company raised dividend to SEK 1.40 from SEK 1.10 after quarter end

Outlook

Company did not provide specific guidance or forecasts for the current qtr or full yr in press release

Result Drivers

VOLUME-DRIVEN GROWTH - Co said both Branded packaged products and Pick & mix segments saw strong volume-driven organic growth

PROFITABILITY FOCUS - Co attributed EBIT margin improvement in both segments to continued focus on delivering profitable growth

CURRENCY IMPACT - Co said negative foreign exchange rates reduced reported sales by 3.3%

Company press release: ID:nWkrL1MMf

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Net Income
SEK 209 mln
Q1 Cash flow from operating activities
SEK 182 mln
Q1 Operating profit
SEK 274 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the food processing peer group is "buy"

Wall Street's median 12-month price target for Cloetta AB is SEK56.00, about 21.4% above its May 5 closing price of SEK46.12

The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 18 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)