Business description: AAK AB

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.

Number of employees: 4,000

Sales by Activity: AAK AB

Fiscal Period: December 2020 (SEK) 2021 (SEK) 2022 (SEK) 2023 (SEK) 2024 (SEK)

Food Ingredients

20.71B 23.24B 32.66B 29.89B 28.76B

Chocolate & Confectionery Fats

14.05B 10.12B 14.81B 13.69B 13.96B

Technical Products & Feed

1.6B 2.09B 2.95B 2.44B 2.33B

Eliminations

-8.42B - - - -

Geographical breakdown of sales: AAK AB

Fiscal Period: December 2020 (SEK) 2021 (SEK) 2022 (SEK) 2023 (SEK) 2024 (SEK)

Rest of Europe

- 10.81B 13.22B 10.67B 10.61B

USA

- 7.39B 10.92B 10.09B 9.34B

Asia

3.24B 4.38B 6.64B 6.24B 6.92B

Mexico

- 3.84B 5.98B 5.74B 5.75B

Rest of North and South America

- 2.71B 5.55B 5.33B 5.1B

United Kingdom

- 2.74B 3.6B 3.71B 3.52B

Sweden

- 3.17B 3.78B 3.58B 3.25B

Other Countries

356M 408M 731M 664M 558M

Europe

13.52B - - - -

North and South America

10.82B - - - -

Executive Committee: AAK AB

Manager TitleAgeSince
Chief Executive Officer 53 02/05/2018
Director of Finance/CFO 51 01/05/2021
Chief Operating Officer 55 01/01/2025
Investor Relations Contact - 01/11/2022
Human Resources Officer 58 01/01/2020

Composition of the Board of Directors: AAK AB

Director TitleAgeSince
Director/Board Member 42 03/05/2013
Chairman 63 11/09/2023
Director/Board Member 66 01/01/2018
Director/Board Member 32 01/01/2022
Director/Board Member 64 01/01/2023
Director/Board Member 68 01/01/2023

Shareholders: AAK AB

NameEquities%Valuation
Melker Schorling AB (Private Equity)
30.63 %
79,524,412 30.63 % 2 181 M kr
Alecta Tjanstepension Omsesidigt
5.007 %
13,000,000 5.007 % 356 M kr
Nordea Investment Management AB
3.375 %
8,761,510 3.375 % 240 M kr
Carnegie Fonder AB
3.285 %
8,528,817 3.285 % 234 M kr
Cliens Kapitalförvaltning AB
1.383 %
3,590,721 1.383 % 98 M kr

Company details: AAK AB

AAK AB

Pulpetgatan 20

215 37, Malmö

+46 4 06 27 83 00

http://www.aak.com
address AAK AB(AAK)

Group companies: AAK AB

NameCategory and Sector
Financial Conglomerates
Financial Conglomerates
Agricultural Commodities/Milling
Agricultural Commodities/Milling
AAK Holding AB

Starch, Vegetable Fat & Oil Manufacturing

Change 5d. change 1-year change 3-years change Capi.($)
-0.32%+2.16%-8.06%+33.12% 6.98B
+0.83%-2.42%+29.83%+40.05% 10.44B
+0.24%+0.47%+15.76%+10.36% 6.73B
+0.06%-3.45%+51.47%+195.53% 5.18B
+1.41%-4.64%+88.24%+88.24% 3.45B
0.00%0.00%+24.49%+10.91% 3.09B
+1.04%+2.63%+143.75%+202.33% 2.63B
+1.65%-0.27%+113.29%+186.05% 2.14B
-0.60%+1.12%+58.79%+62.68% 1.22B
0.00%+5.88%+94.59%+172.73% 1.22B
Average +0.29%+0.71%+61.21%+100.20% 4.31B
Weighted average by Cap. +0.36%-0.33%+42.16%+76.31%
Trader
Investor
Global
Quality
ESG MSCI
AAA
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
9
Last Close Price
247.60SEK
Average target price
297.33SEK
Spread / Average Target
+20.09%

Quarterly revenue - Rate of surprise