AAK's Annual Report for 2023 has been published and is available in English and Swedish on www.aak.com.
Patrik Andersson, Chairman of the board and Johan Westman, President and CEO:
"During 2023, we exceeded expectations, progressing rapidly towards our sustainability targets and 2030 aspiration. We had strong growth in our operating profit per kilo, and despite declining volumes, we surpassed our financial target of an average operating profit growth of around ten percent. This achievement underscores the dedication and diligent efforts of our people, as well as the relevance of our diversified portfolio of plant-based ingredients."
Contacts
Carl Ahlgren
Head of IR, Communication & Brand
Mobile: +46 706 81 07 34
E-mail: carl.ahlgren@aak.com
About AAK
Everything AAK does is about Making Better Happen™. We specialize in plant-based oils that are the value-adding ingredients in the products people love to consume. We make these products better tasting, healthier, and more sustainable. At the heart of AAK's offering is Customer Co-Development, combining our desire to understand what better means for each customer with the unique flexibility of our production assets and deep knowledge across products and industries. 4,100 employees support our close collaboration with customers through 25 regional sales offices, 15 dedicated Customer Innovation Centers and support of more than 20 production facilities. Listed on Nasdaq Stockholm and with our headquarters in Malmö, Sweden, AAK has been Making Better Happen for more than 150 years.
This information is information that AAK is obliged to make public pursuant to the Securities Markets Act. The information was submitted for publication, through the agency of the contact persons set out above, at 2024-04-12 10:00 CEST.
Attachments:
AAK Annual Report 2023.pdf
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AAK AB published this content on
12 April 2024 and is solely responsible for the information contained therein. Distributed by
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12 April 2024 08:05:06 UTC.
AAK publ AB, also known as AarhusKarlshamn publ AB, is a Sweden-based holding company active primarily in the food processing sector. The Company refines vegetable oils for specialized products. The Company is organized, along with its subsidiaries, into three business segments: the Food Ingredients segment includes baking fat, dairy fat alternatives, Ice cream fats, infant formulas and oil/fats ingredients, among others; the Chocolate & Confectionery Fats segment provides chocolate and confectionery advantages, ranging from products developed for better sensory, health and longer shelf life to cost efficiency, know-how, technology and service, and the Technical Products & Feed segment includes golden wax, fatty acids, glycerin, deinking chemicals and animal feed. The Company operates Kamani Oil Industries Pvt Ltd. as a majority owned subsidiary.
AAK AB 
