Interim report Q3, 1 September 2008 - 31 May 2009: Continued growth in sales of Cloetta's products


Interim report Q3, 1 September 2008 - 31 May 2009: Continued growth in sales of
Cloetta's products 

Third quarter sales of Cloetta's own products rose by 18.6% compared to the same
period of last year. For the nine-month period, sales of these products were up
by close to 7%.



For the third quarter, Cloetta's total net sales including Fazer products
amounted to SEK 237 million (305). The decrease is a consequence of the
termination of Cloetta's licensed sales agreement with Fazer Confectionery at
year-end 2008. Operating profit is reported at SEK -8 million (3), but was SEK 2
million (3) excluding items affecting comparability that are mainly attributable
to the separation from Fazer.

Net sales for the nine-month period reached SEK 972 million (1,083) and
operating profit was SEK 22 million (32), with an operating margin of 2.3%
(3.0). Operating profit excluding items affecting comparability was SEK 27
million (54). 

Profit after tax for the nine-month period was SEK 25 million (24), equal to
earnings per share of SEK 1.03 (1.01).

“Sales of Cloetta's prioritised brands have continued to grow and resulted in an
increased market share”, says Cloetta's Managing Director Curt Petri. “The drop
in total net sales reflects the termination of Cloetta's licensed sales
agreement with Fazer Confectionery at the end of 2008, which has also had a
negative impact on profit.

“From an earnings standpoint Cloetta is still feeling the effects of escalating
raw material costs, which have risen further in recent months due to weakening
of the Swedish krona,” adds Curt Petri. The higher customer prices that were
introduced in 2008 have not been sufficient to compensate for the rising cost
trend, for which reason additional price hikes have been announced.

“In earlier reports, Cloetta has predicted that operating margin for the current
year would be negative and that the Group would report a loss. Primarily in view
of the strong sales growth for Cloetta's own products, I now anticipate an
operating profit before restructuring charges of close to zero for the full
year,” concludes Curt Petri.

For further information contact
Curt Petri, Managing Director and CEO, mobile +46 70-593 2169, or Kent Sandin,
CFO, 
mobile +46 70-582 7795

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 23 June 2009, 14.02 CET.
	
About Cloetta
Founded in 1862, Cloetta is the oldest and only major wholly Swedish
confectionery company in the Nordic region. The company's best known brands are
Kexchoklad, Center, Plopp, Polly, Tarragona, Guldnougat, Bridge, Juleskum,
Sportlunch and Extra Starka. Cloetta has two production units in Sweden, one in
Ljungsbro and one in Alingsås. For the period from 1 September 2007 to 31 August
2008, Cloetta reported pro forma net sales of approximately SEK 930 million. As
of 16 February 2009, Cloetta's class B shares are traded on NASDAQ OMX Stockholm
Nordic List. www.cloetta.com

For additional information contact:
Managing Director Curt Petri, mobile +46 70-593 21 69 or Financial Director Kent
Sandin, mobile +46 70-582 77 95.

About Cloetta
Founded in 1862, Cloetta is the oldest and only major wholly Swedish
confectionery company in the Nordic region. The company's best known brands are
Kexchoklad, Center, Plopp, Polly, Tarragona, Guldnougat, Bridge, Juleskum,
Sportlunch and Extra Starka. Cloetta has two production units in Sweden, one in
Ljungsbro and one in Alingsås. For the period from 1 September 2007 to 31 August
2008, Cloetta reported pro forma net sales of approximately SEK 930 million. As
of 16 February 2009 Cloetta's class B shares are traded on NASDAQ OMX Stockholm.
www.cloetta.com

Attachments

06222057.pdf