AAK AB (publ.) reported earnings results for the fourth quarter and full year ended December 31, 2025. For the fourth quarter, the company reported sales was SEK 11,480 million compared to SEK 11,730 million a year ago. Revenue was SEK 11,605 million compared to SEK 11,800 million a year ago. Net income was SEK 946 million compared to SEK 926 million a year ago. Basic earnings per share from continuing operations was SEK 3.64 compared to SEK 3.57 a year ago. Diluted earnings per share from continuing operations was SEK 3.63 compared to SEK 3.55 a year ago.
For the full year, sales was SEK 46,021 million compared to SEK 45,052 million a year ago. Revenue was SEK 46,353 million compared to SEK 45,228 million a year ago. Net income was SEK 3,429 million compared to SEK 3,536 million a year ago. Basic earnings per share from continuing operations was SEK 13.21 compared to SEK 13.62 a year ago. Diluted earnings per share from continuing operations was SEK 13.16 compared to SEK 13.57 a year ago.
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.
This super rating is the result of a weighted average of the rankings based on the following ratings: Global Valuation (Composite), EPS Revisions (4 months), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
Investor
Investor
This super composite rating is the result of a weighted average of the rankings based on the following ratings: Fundamentals (Composite), Global Valuation (Composite), EPS Revisions (1 year), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
Global
Global
This composite rating is the result of an average of the rankings based on the following ratings: Fundamentals (Composite), Valuation (Composite), Financial Estimates Revisions (Composite), Consensus (Composite), and Visibility (Composite). The company must be covered by at least 4 of these 5 ratings for the calculation to be performed. We recommend that you carefully review the associated descriptions.
Quality
Quality
This composite rating is the result of an average of the rankings based on the following ratings: Capital Efficiency (Composite), Quality of Financial Reporting (Composite), and Financial Health (Composite). The company must be covered by at least 2 of these 3 ratings for the calculation to be performed. We recommend that you carefully review the associated descriptions.
ESG MSCI
ESG MSCI
The MSCI ESG score assesses a company’s environmental, social, and governance practices relative to its industry peers. Companies are rated from CCC (laggard) to AAA (leader). This rating helps investors incorporate sustainability risks and opportunities into their investment decisions.