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Cloetta AB Class B (SE:CLA.B)
:CLA.B
Earnings Data
Report Date
May 07, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.38Last Year’s EPS
0.41Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Jan 29, 2025
|% Change Since: 20.90%
|Next Earnings Date:May 07, 2025
Earnings Call Sentiment|Positive
Cloetta's Q3 2024 earnings call highlighted significant achievements such as record-breaking revenue, improved profitability, and strong Pick & Mix performance, while acknowledging challenges in specific product categories and the impact of higher input costs. The strategic decision to reassess the greenfield project reflects a cautious approach to future investments.Company Guidance
During Cloetta's Q3 2024 earnings call, management provided a comprehensive update on the company's performance and strategic direction. The company reported a 5.7% organic growth in net sales, reaching a record SEK 2.196 billion, with Pick & Mix showing a robust 18.6% growth. The rolling 12-month adjusted operating profit was the highest ever, driven by margin-enhancing activities, especially in Pick & Mix. The company's net debt to EBITDA ratio improved to 1.6 times, well below the long-term target of 2.5 times, while cash flow also strengthened, with a year-to-date improvement of SEK 236 million. Despite inflationary pressures, cost management and pricing strategies helped maintain profitability. The CFO noted that while cocoa prices impacted costs, their effect was not fully realized in Q3 but expected to be more pronounced in Q4. The reassessment of the greenfield plant project was highlighted, emphasizing a focus on optimizing current operations and exploring strategic alternatives for future growth.Record-Breaking Revenue and Growth
Cloetta reported SEK 2.196 billion in net sales for Q3 2024, marking the highest quarterly net sales ever with a 5.7% organic growth.
Improved Profitability
Rolling 12 months adjusted operating profit was the highest ever. Q3 operating profit was SEK 238 million, one of the highest quarterly profits recorded.
Strong Pick & Mix Performance
Pick & Mix segment showed an 18.6% growth with strong volume growth and margin-enhancing initiatives, reaching the highest absolute sales ever for this segment.
Reduced Net Debt
Net debt over EBITDA decreased to 1.6 times, well below the long-term target of 2.5 times, indicating a strong financial position.
Cash Flow Improvement
Year-to-date cash flow improved by SEK 236 million compared to last year, excluding proceeds from the Nutisal brand sale.
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SE:CLA.B Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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SE:CLA.B Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Jan 29, 2025 | kr23.64 | kr26.37 | +11.54% |
| Oct 25, 2024 | kr23.35 | kr25.21 | +7.98% |
| Jul 12, 2024 | kr20.58 | kr21.20 | +2.99% |
| Apr 26, 2024 | kr15.63 | kr16.07 | +2.77% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Cloetta AB Class B (SE:CLA.B) report earnings?
Cloetta AB Class B (SE:CLA.B) is schdueled to report earning on May 07, 2025, TBA Not Confirmed.
What is Cloetta AB Class B (SE:CLA.B) earnings time?
Cloetta AB Class B (SE:CLA.B) earnings time is at May 07, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Cloetta AB Class B stock?
The P/E ratio of Cloetta AB is N/A.
What is SE:CLA.B EPS forecast?
SE:CLA.B EPS forecast for the fiscal quarter 2025 (Q1) is 0.38.
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