Stockholm / SE. (cab) Swedish Cloetta AB, a leading confectionery company in the Nordic region, the Netherlands and Italy, announced its results for the third quarter 2014 (01 July to 30 September). Highlights: Net sales for the quarter increased by 9.1 percent to 1’303 million SEK (1’194 million SEK), including a positive impact from foreign exchange rates of 3.9 percent. Operating profit was 178 million SEK (131 million SEK). Underlying Ebit was 178 million SEK (160 million SEK). Cash flow from operating activities was 75 million SEK (54 million SEK). Net debt/underlying Ebitda was 4.5 times (4.4 times). In the quarter, loans of 34 million SEK were repaid. On 05 November Cloetta signed an agreement with Coop Sverige AB to provide them with a new pick-and-mix concept starting in 2015. President and CEO Bengt Baron: «Cloetta´s operating profit improved markedly during the quarter to 178 million SEK (131 million SEK). The underlying Ebit also increased and amounted to 178 million SEK (160 million SEK). It is very gratifying to see the convergence of the operating profit and the underlying Ebit, which is mainly due to the fact that our restructuring costs are coming to an end. The operating profit margin strengthened during the quarter to 13.7 percent (11.0 percent). The underlying Ebit margin rose to 14.9 percent (13.3 percent). Profit after tax was 87 million SEK (86 million SEK). Cash flow from operating activities increased to 75 million SEK (54 million SEK)».