CLA-BNasdaq StockholmConsumer StaplesIFRS · SEK

Cloetta

Cloetta is a prominent confectionery company in Northern Europe, known for its strong local brands in the confectionery and nuts segments. The company operates with a business model focused on branded packaged products and pick & mix offerings, ensuring effective sales and distribution to retail channels. Cloetta's products are sold in over 60 countries, with a significant presence in the Nordic countries and a growing market in North America. The company is listed on Nasdaq Stockholm and continues to expand its market presence through innovative product development and strong consumer loyalty.

Revenue5,972m SEK
−30.7 %y/y
Operating profit (EBIT)1,108m SEK
+37.3 %y/y
EBIT margin18.6%
+9.2 ppy/y
Net income791m SEK
+65.8 %y/y

Fiscal year 2025 · change from previous year

Development 2020–2025

02,0004,0006,0008,00010,000m SEK2020: 5,695 m SEK2020: EBIT 442 m SEK20202021: 6,046 m SEK2021: EBIT 565 m SEK20212022: 6,869 m SEK2022: EBIT 466 m SEK20222023: 8,301 m SEK2023: EBIT 735 m SEK20232024: 8,613 m SEK2024: EBIT 807 m SEK20242025: 5,972 m SEK2025: EBIT 1,108 m SEK20255,9721,108
RevenueOperating profit (EBIT)

Business

Share of revenue
Branded Packaged Products72 %

Includes packaged confectionery products sold under various brands.

Pick & Mix28 %

Offers a variety of confectionery products for self-selection by consumers.

Customers

Cloetta's customer base primarily consists of retail chains and supermarkets across Northern Europe, with a growing presence in North America. The company's strong local brands attract consumers seeking quality confectionery products, while its pick & mix offerings appeal to those looking for variety and customization. Cloetta's effective distribution network ensures high availability of its products in retail outlets, enhancing consumer access. The company also targets health-conscious consumers with sugar-free and functional confectionery options, leveraging its strong brand recognition and consumer loyalty.

Retail Chains

Purchase branded packaged products for resale to consumers.

Supermarkets

Stock pick & mix offerings to provide variety to shoppers.

Health-Conscious Consumers

Buy sugar-free and functional confectionery products.

Strategy

Cloetta's strategic priorities include strengthening its market position through brand development and expanding its pick & mix offerings. The company focuses on enhancing profitability by optimizing its product mix and improving operational efficiency. Cloetta is investing in innovation to meet changing consumer preferences and leveraging its strong distribution network to increase market penetration. The company is also exploring growth opportunities in North America, capitalizing on the rising interest in Swedish candy. These strategies aim to sustain Cloetta's competitive advantage and drive long-term growth.

Brand DevelopmentMedium term

To strengthen market position and consumer loyalty.

Operational EfficiencyShort term

To enhance profitability and sustain competitive advantage.

InnovationLong term

To meet changing consumer preferences and drive growth.

Geography

Cloetta has a strong geographic presence in Northern Europe, with significant market shares in Sweden, Finland, and the Netherlands. The company operates six production units across five countries, ensuring efficient manufacturing and distribution. Cloetta's products are available in over 60 countries, with key markets including Germany, the UK, and Denmark. The company is expanding its footprint in North America, driven by the growing popularity of its pick & mix concept. This geographic diversity helps mitigate risks associated with regional economic fluctuations.

Risks

Cloetta faces several business risks, including fluctuations in raw material costs, particularly cocoa, which can impact profitability. The company is also exposed to geopolitical risks, such as the ongoing conflict in Ukraine, which may affect global supply chains. Currency exchange rate volatility poses financial risks, given Cloetta's international operations. Additionally, the company must manage operational risks related to its production facilities and distribution network. Industry-specific risks include changing consumer preferences and regulatory changes affecting product formulations.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Raw Material Cost Fluctuations1Currency Exchange Rate Volatility2
Impact is the risk’s severity and likelihood how probable it is over the next few years, both assessed from the company’s reports. Numbers match the list.
  1. Raw Material Cost FluctuationsImpact: HighLikelihood: High

    Cocoa price volatility affects profitability.

  2. Currency Exchange Rate VolatilityImpact: HighLikelihood: Low

    Affects financial performance due to international operations.

  3. Geopolitical RisksImpact: Medium

    Conflicts may disrupt supply chains.

Accounting

Judgemental items
Revenue Recognition

Impacts timing of revenue reporting.

Fair Value Measurement

Affects reported earnings through valuation of financial instruments.

Lease Accounting

Impacts balance sheet presentation under IFRS 16.

Publicly listed companies with a comparable business focus.

Last updated: 24/09/2026

Cloetta (CLA-B) Revenue, Earnings & Financials 2025 – Clarifo