Cloetta AB (publ) (CLOEF)
Cloetta AB (publ) operates in the Food Confectioners industry of the Consumer Defensive sector, headquartered in Sundbyberg, AB, SE. The stock last traded at $5.60, up 0.00% on the session, giving a market capitalisation of $1.58B. On trailing twelve-month figures it carries a trailing P/E of 18.04, a net margin of 9.9%. Its beta of 0.67 implies it has historically moved less than the broad market.
Cloetta AB (publ) operates as a leading confectioner, specializing in a broad range of sweet treats. The company's primary focus is the creation and distribution of diverse chocolate confectionery items. These include pralines, chocolate wafers, dragees, plates, and countlines, all marketed under popular brand names such as Kexchoklad, Polly, Center, Plopp, Tupla, Royal, Sportlunch, Bridge, Lonka, Sinas, Snippers, and Lonka soft nougat. Beyond its chocolate offerings, Cloetta's extensive product line features other beloved confectionery goods. Consumers can find foams, wine gums, liquorice, toffees, hard-boiled candies, and lollipops sold under well-known brands like Malaco, Red Band, Ahlgrens bilar, Venco, Chewits, and Juleskum. The company's portfolio further encompasses pastilles, available through brands such as Läkerol, Mynthon, and King, alongside various chewing gums under the Jenkki, Sportlife, and Xylifresh labels. Diversifying its product range, Cloetta also produces and markets dry roasted nuts under the Nutisal brand. These products reach consumers through a wide array of distribution channels, including grocery retail, service trade, e-commerce platforms, and other sales avenues. Cloetta AB (publ), founded in 1862, is headquartered in Sundbyberg, Sweden.
Cloetta AB (publ) is most often compared with the following Consumer Defensive names: