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Cloetta (CLA) investor relations material
Cloetta Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved record profit and strong cash flow in Q4 and full year 2025, with operating margin reaching 12.1% and both business segments contributing to growth and margin expansion.
Strategic focus on core Nordic markets, expansion into North America, and global IKEA agreement, with enhanced marketing and innovation following the decision not to proceed with the greenfield plant.
Organizational restructuring and cost-saving initiatives, including SEK 60-70m annualized savings, supported profitability.
Board proposes a 27% higher dividend of SEK 1.40 per share for 2025, up from SEK 1.10.
Progress made on long-term geographical expansion plans, especially for Pick & Mix and Superbrands.
Financial highlights
Net sales reached SEK 8,525m in 2025, with Q4 net sales at SEK 2,231m; organic sales growth was 1.1% in Q4 and 1.9% for the year.
Adjusted operating profit for the year increased 13.5% to SEK 1,033m; EBIT margin (adjusted) was 13.9% in Q4 and 12.1% for the year.
Free cash flow for the year was SEK 924m, up 53.5% year-over-year, and operating cash flow surpassed SEK 1bn.
Profit for the year rose 65.8% to SEK 791m; EPS up 66.5% to SEK 2.78.
Net debt reduced to SEK 956m, with net debt/EBITDA at 0.7x, the lowest ever.
Outlook and guidance
Long-term organic growth target raised to 3%-4%, with mid-term profitability target of at least 12% EBIT margin by 2027 likely to be achieved in 2026.
Focus on volume-driven growth as inflation stabilizes and continued margin improvement.
Board proposes a dividend of SEK 1.40 per share for 2025.
Easter sales phasing in 2026 expected to shift SEK 30-40m in sales from Q2 to Q1, impacting margin mix.
Full effect of SEK 60-70m annualized savings from operating structure changes expected in Q1 2026.
- TimeTickerHeadlineOpen
- 6 FebTUPRS
Net income rose to TRY 29.5 billion, with strong cash position and major dividend payout. - 6 FebCPT
2025 results beat guidance; Sun Belt focus, asset sales, and share buybacks drive 2026 strategy. - 6 FebCRI
Q1 2025 saw record revenue, a return to profit, and strategic spin-offs for future growth. - 6 FebCRI
H1 2025 saw a return to profit, record revenues, and strong cash from major space projects. - 6 FebSCW
Q2 2025 revenue up 120% y/y, driven by record Asian contract and backlog growth. - 6 FebSCW
Revenue up 89% y/y, record backlog, and new strategy for European optical payload leadership. - 6 FebSCW
Q2 2024 revenue up 115% y/y, backlog nearly doubled, driven by major space contracts. - 6 FebSCW
Space segment drives 29% revenue growth, strong backlog and contracts support 2025 outlook. - 6 FebSCW
73% revenue growth, record backlog, and major space contracts drive expansion and investment. - 6 FebPENG
All proposals passed, with no questions raised and results to be filed on Form 8-K.
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