Johan Westman, President and CEO: ”With the first quarter of 2025 behind us, and in an environment of ongoing volatility, we remain focused on executing our strategic priorities. We are concentrating on what we can control—optimizing our product mix, enhancing operational efficiency, and driving productivity improvements across the organization. At the same time, we continue to prioritize innovation and work even more closely with our customers to anticipate their needs and deliver solutions that create value. Looking ahead, we remain prudently optimistic about AAK’s long-term potential, and we are firmly committed to delivering on our 2030 Aspiration.”

AAK Group

• Volumes, excluding the effect from the Hillside divestment, declined by 5 percent to 503,000 MT (530,000). Including the impact from the divestment, volumes declined by 10 percent.
• Operating profit increased by 1 percent, reaching SEK 1,261 million (1,254), including a negative currency translation effect of SEK 57 million. At fixed foreign exchange rates, operating profit increased by 5 percent.
• Profit for the period totaled SEK 934 million (934).
• Earnings per share equaled SEK 3.59 (3.59).
• Cash flow from operating activities amounted to negative SEK 492 million (positive 717).
• Return on Capital Employed (ROCE), R12M, was 22.0 percent (22.4 percent on December 31, 2024).

Business areas

• Food ingredients operating profit decreased by 1 percent to SEK 769 million (779).
• Chocolate & Confectionery Fats operating profit reached SEK 523 million (505), an increase of 4 percent compared to the same quarter last year.
• Technical Products & Feed operating profit totaled SEK 52 million (53), a 2 percent decrease compared to last year.

Conference call
The Interim report for the first quarter 2025 will be presented today, April 24, 2025 at 10:00 a.m. Central European Time (CET). For participation, please see instructions under the investor tab on the AAK website, www.aak.com.