An update from Cloetta AB ( ($SE:CLA.B) ) is now available.
Cloetta AB has announced a strategic realignment of its organizational structure to support new priorities aimed at profitable growth. The company plans to enhance its operating model, resulting in a reduction of up to 100 positions across Europe by the end of 2025, with expected annual savings of SEK 60-70 million. These changes are intended to streamline operations and improve market positioning, with full financial effects anticipated by the first quarter of 2026.
More about Cloetta AB
Cloetta AB is a leading confectionery company in Northern Europe, focusing on producing and distributing a variety of candy products. The company is known for its strong presence in core markets and is expanding its focus to include Germany, the UK, and North America.
YTD Price Performance: 33.87%
Technical Sentiment Signal: Sell
Current Market Cap: $821.4M
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