Cloetta AB 2017 IR
The report highlights Cloetta's significant structural changes in 2017, including the acquisition of Candyking and the divestment of Cloetta Italy, which increased focus on Northern and Western European markets. The company achieved its long-term net debt/EBITDA target of 2.39x for the second consecutive year. On the sustainability front, Cloetta successfully implemented sustainability programs for cocoa and palm oil, achieving 100 percent UTZ-certified cocoa purchases and removing palm oil from the majority of its glazing agents. However, operational challenges arose from a fire at the Turnhout factory in Belgium, which constrained production capacity and impacted overall volumes.
Company: Cloetta AB
Sector: Consumer Staples
Country: Sweden
Year: 2017
Type: IR
Pages: 166
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Cloetta AB
Annual And Sustainability Report
The report highlights Cloetta's significant structural changes in 2017, including the acquisition of Candyking and the divestment of Cloetta Italy, which increased focus on Northern and Western European markets. The company achieved its long-term net debt/EBITDA target of 2.39x for the second consecutive year. On the sustainability front, Cloetta successfully implemented sustainability programs for cocoa and palm oil, achieving 100 percent UTZ-certified cocoa purchases and removing palm oil from the majority of its glazing agents. However, operational challenges arose from a fire at the Turnhout factory in Belgium, which constrained production capacity and impacted overall volumes.
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Document Details
Report Year
2017
Reporting Period
Jan 1, 2017 - Dec 31, 2017
Fiscal Year
2017
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Women on Board
Women in Management
Employees