Cloetta AB (OTCPK:CLOEF)
$ 2.4 0 (0%) Market Cap: 639.02 Mil Enterprise Value: 816.53 Mil PE Ratio: 15.85 PB Ratio: 1.39 GF Score: 79/100

Q3 2019 Cloetta AB Earnings Call Transcript

Oct 25, 2019 / 08:00AM GMT
Release Date Price: $2.99 (+2.40%)
Operator

Ladies and gentlemen, welcome to the Cloetta Q3 Report 2019. Today, I'm pleased to present Henri de Sauvage-Nolting, President and CEO; and Frans Rydén, CFO. (Operator Instructions)

Speakers, please begin.

Frans RydÃ;n;publ;CFO
Cloetta AB

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Good morning, and welcome to Cloetta's Q3 Earnings Conference Call and Webcast. As mentioned, my name is Frans Rydén. I'm the CFO for Cloetta, and I'm joined here today by Henri de Sauvage-Nolting, Cloetta's CEO.

With that, I'm going to hand over to you, Henri.

Henri de Sauvage;Nolting;publ;President;CEO
Cloetta AB

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Thank you, Frans. So we had a strong organic growth quarter. I mean, I think, everybody knows also from the Capital Markets Day, that is our #1 challenge. So pleased to see another quarter of growth. And if you look at the underlying organic growth, which is how we measure ourselves, we take out the currency effect. We have a

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