Year-end report, 1 September 2009 - 31 August 2010: Improved full-year earnings for Cloetta's second year


Year-end report, 1 September 2009 - 31 August 2010: Improved full-year
earnings for Cloetta's second year

Sales of Cloetta's products rose by 8% during the financial year to SEK
914 million (859). Total net sales amounted to SEK 1,061 million.
Operating profit was SEK 35 million (0).

"Our strong full-year profit is a result of higher sales, a positive
response to our product launches and greater efficiency in production,
says Cloetta's Managing Director and CEO Curt Petri. At the same time,
earnings were impacted by rising raw material costs despite
strengthening of the Swedish krona or price increases."

In the fourth quarter, sales of Cloetta's products rose by 2% to SEK 185
million (181). Total sales amounted to SEK 213 million. Operating profit
was SEK -6 million (-22).

"We also showed an improvement here. Cloetta's fourth quarter is the
weakest of the year in relative terms, as consumption of confectionery
is normally lower during the summer months," continues Curt Petri. "We
are now entering our first quarter, which includes the Christmas sales
and is our strongest period."

"In recent years we have seen a continuous improvement in efficiency at
the Ljungsbro factory. As a result of completed equipment investments
and Fazer's decision to transfer production of certain products to
Finland, we have been forced to downsize our production
staff," concludes Curt Petri.

The Board proposes a dividend of SEK 0.75 per share (-) for the
financial year 2009/2010.

The information in this press release is subject to the disclosure
requirements of Cloetta AB (publ) pursuant to the Swedish Securities
Market Act. The information was submitted for publication on 19 October
2010, 16.47 CET.

For further information contact Curt Petri, Managing Director and CEO,
mobile +46 70-593 21 69 or Kent Sandin, CFO, mobile +46 70-582 77 95.

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