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Trades about 19% above its sector, the market expects faster growth.
Cloetta AB (publ), an confectionery enterprise established in 1862 and based in Sundbyberg, Sweden, focuses on the creation and commercialization of a diverse range of sweet products. Its extensive portfolio encompasses various chocolate items, including pralines, wafers, dragees, chocolate bars, and countlines, marketed under popular labels such as Kexchoklad, Polly, Center, Plopp, Tupla, Royal, Sportlunch, Bridge, Lonka, Sinas, Snippers, and Lonka soft nougat. The company also manufactures a wide selection of general confectionery, like foams, wine gums, liquorice, toffees, hard candies, and lollipops, featuring brands such as Malaco, Red Band, Ahlgrens bilar, Venco, Chewits, and Juleskum. Furthermore, Cloetta provides pastilles through brands like Läkerol, Mynthon, and King, alongside chewing gums under the Jenkki, Sportlife, and Xylifresh names. Diversifying its product line, the company also produces and distributes dry roasted nuts, predominantly under the Nutisal brand. These goods reach consumers via multiple distribution channels, including grocery retailers, service outlets, online platforms, and other sales avenues.
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