Cloetta AB (publ) (CLA_B) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

A very warm welcome and thank you for joining Cloetta's Q1 interim report presentation. I'm Laura Lindholm, the Director of Communications and Investor Relations. Our CEO, Katarina, and CFO, Frans, will first go through our results, after which we will move to the Q&A. where you either have the possibility to dial in and ask questions live or alternatively post your question through the chat. It's already possible to add questions in the chat. Over to you, Katarina. Thank you, Laura. Today, I'm very proud to present our first quarter 2026 results. After a transformational 2025, this is our first quarter with execution and clear result from our strategy. As you will see during the presentation, we're making great progress and are moving closer to delivering on all four long-term financial targets. But first, over to the agenda. Today, it looks as following. I will start with Clueta in a brief. Then I shortly recap our strategic framework and our updated financial targets for the ones that have not listened to us before. After that, I move to our quarterly highlights. Our CFO, Frans, will then walk you through our quarterly and full year financials. And as always, we wrap up with a Q&A. For the new listeners on the call, let me start by introducing Cluetta. We were founded in 1862, and today we are the leading confectionery company in Northern Europe. We strongly believe in the power of true joy, and our everyday purpose is to spread joy through our iconic brands. We have grown a lot since the early days and now have an 8.5 billion Swedish in sales last year, combined with an operating margin of 12.1% to be compared to 10.6% in 2024 and 9.2% in 2023. We have established a strong profitability uplift, which we also will talk more about today. Over half of our sales come...