Johan Westman, President and CEO: ”Our operating profit grew by 9 percent at constant exchange rates and 2 percent including currency effects, driven by strong profitability at SEK 2.47 per kilo. While volumes declined 2 percent year-on-year, they improved 4 percent sequentially. We are maintaining our margin discipline and leadership in advanced solutions, while executing targeted commercial actions to strengthen volumes. At the same time, we continue to make strong sustainability progress, reaching 93 percent verified deforestation-free palm oil. Looking ahead, we remain prudently optimistic and fully committed to delivering profitable growth and advancing toward our 2030 aspiration.”

AAK Group

• Volumes declined by 2 percent to 510,000 MT (523,000), excluding the effect of the Hillside divestment.
• Operating profit increased by 2 percent, excluding the Hillside divestment and including a SEK 85 million currency effect.
• Profit for the period totaled SEK 911 million (871).
• Earnings per share before dilution equaled SEK 3.50 (3.35).
• Cash flow from operating activities amounted to SEK 542 million (515).
• Return on Capital Employed (ROCE), R12M, was 21.6 percent (22.4 percent on December 31, 2024), excluding items affecting comparability.

Business areas

• Food Ingredients: Operating profit, excluding the Hillside divestment, increased by 3 percent to SEK 766 million (745).
• Chocolate & Confectionery Fats: Operating profit reached SEK 525 million (525), on a par with the same quarter last year.
• Technical Products & Feed: Operating profit totaled SEK 46 million (45), a 2 percent increase compared to last year.

Conference call
The Interim report for the third quarter 2025 will be presented today, October 23, 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.