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Cloetta raises prices after ‘weak market’ harms sales
date:May 21, 2012
The company, which completed a 753m merger with Dutch firm Leaf in February, was hit by rising raw material costs, expenses relating to the merger and 'weak' market development.

Soft market conditions

Cloetta CEO Bengt Baron said:The overall market conditions remained soft in almost all of our key markets.

However, the market for chocolate products in Sweden grew somewhat during the quarter, and the confectionary market in Finland improved as it recovered from last years introduction of the c

12/21 23:26