Interim report, Q2 April – June 2014

  · Net sales for the quarter increased by 9.5 per cent to SEK 1,238m (1,131).

  · Operating profit was SEK 85m (54).

  · Underlying EBIT was SEK 110m (109).

  · Items affecting comparability amounted to SEK –24m (–55) and consist of cost
related to the acquisitions of Alrifai Nutisal AB and Aran Candy Ltd. and costs
related to the factory restructurings.

  · Cash flow from operating activities was SEK 44m (–23).

  · Net debt/underlying EBITDA was 4.6x (4.6). In the quarter, loans of SEK 34m
were amortised.

  · On 28 May 2014, Cloetta acquired Aran Candy Ltd. owning the brand The Jelly
Bean Factory. Initially, Cloetta has acquired 75 per cent of the shares in Aran
Candy Ltd.
Contacts
Jacob Broberg, Senior Vice President Corporate Communications and Investor
Relations, 46 70-190 00 33
Danko Maras, Chief Financial Officer, 46 76-627 69 46
About Cloetta
Cloetta, founded in 1862, is a leading confectionary company in the Nordic
region, the Netherlands, and Italy. In total, Cloetta products are sold in more
than 50 countries worldwide. Cloetta owns some of the strongest brands on the
market, such as Läkerol, Cloetta, Jenkki, Kexchoklad, Malaco, Sportlife, Saila,
Red Band and Sperlari. Cloetta has 11 production units in six countries.
Cloetta’s class B-shares are traded on NASDAQ OMX Stockholm. More information
about Cloetta is available on www.cloetta.com