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

Q4 2019 Cloetta AB Earnings Call Transcript

Jan 29, 2020 / 09:00AM GMT
Release Date Price: $3.34 (+7.74%)
Nathalie Redmo;publ;Head of IR;Communications
Cloetta AB

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Good morning, and welcome to the Q4 conference call for Cloetta. My name is Nathalie Redmo, and I am the new Head of Investor Relations since beginning of January this year, and I will be your main point of contact here at Cloetta going forward.

With me here today are Henri de Sauvage, CEO; and Frans Rydén, CFO of Cloetta. Henri and Frans will take you through our fourth quarter results, and we will then move on to the Q&A session. And I will now hand over to Henri.

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

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Good. Thank you, Nathalie, very happy to have you on board and being in contact with all our analysts. Looking at the Q4 results, starting off, I'm happy with the results, in particular, the eighth quarter of branded growth which is really good and also that we see progress on the pick & mix business, in particular, in Sweden on the profits,

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