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

Cloetta AB to Discuss Plans to Invest in a New Sustainable Greenfield Facility in the Netherlands Call Transcript

May 10, 2022 / 06:00AM GMT
Release Date Price: $1.59 (-5.36%)
Nathalie Redmo;publ;Head of IR;Communications
Cloetta AB

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Good morning, and thank you for joining us on this conference call that we are hosting today following our announcement yesterday evening regarding that we are planning to invest in a new sustainable greenfield facility in the Netherlands and consolidate our manufacturing network. My name is Nathalie Redmo, and I'm Head of Investor Relations. I'm here today with Henri Sauvage, CEO; and Frans Rydén, CFO. Henri and Frans will take you through the proposal, and we will then move on to our Q&A session. And I will now hand over to you, Henri.

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

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Yes. Thanks, Nathalie. So I think for quite a while, we have been discussing with you that we were doing a review of our manufacturing network. And that we want to communicate the outcome of that with you today with our aim to build a world-class food tech manufacturing network. We

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