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European confectioner Cloetta reported a drop in sales for the first quarter as a decrease in revenue in Sweden and from its contract manufacturing business weighed on its results. 

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Swedish snack maker Cloetta said today (17 February) it had signed an agreement to buy local confectionery supplier Candyking Holding.

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The recently-appointed CEO of Swedish confectionery supplier Candyking, Dani Evanoff, is to take over ownership of the company.

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Swedish confectioner Candyking has reported further losses for the first half of the year in the wake of falling sales following lost contracts in the group's domestic market.

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Swedish confectionery supplier Candyking Holding has acquired local cookies and pastries producer Lilla Fiket for an undisclosed sum.

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Swedish confectionery supplier Candyking Holding has appointed a new CEO in an attempt to regain lost ground in the Nordic countries.

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Candyking, the Sweden-based confectioner, this morning (27 May) reported growing first-quarter losses after sales tumbled due to the loss of contracts in its domestic market.

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Swedish confectioner Candyking has posted higher losses for the year after losing contracts in Sweden and Norway.

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Candyking, the Sweden-based confectioner, has posted another half-year loss after the end of contracts in its domestic market and in Finland hit sales.

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Sweden-based confectioner Candyking has said it will work on improving the profitability of its domestic business after a a year in which sales tumbled, hitting group turnover and underlying profits.

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Challenges in the Swedish market have affected Candyking's profits in the first nine months of the year.

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Candyking has booked a drop in operating profit - despite sales growth - as currency exchange pushed up the cost of goods sold at the Swedish confectioner.

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Cloetta is set to run the pick-and-mix stands at Sweden's second-largest grocer, Coop.

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Confectionery company Candyking has withdrawn from some central European markets citing they are "unprofitable".

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Nordic confectioner Candyking will remain private following a decision at the end of last year to abandon its planned IPO.

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Nordic confectioner Candyking has withdrawn plans for an IPO, citing fires at two of its suppliers.

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Swedish confectioner Candyking has said it plans increase investment to accelerate growth in new and existing markets.

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Nordic confectioner Candyking, along with its principal shareholders Accent and EQT, have decided to list the pick-and-mix manufacturer in Stockholm.