date:Jul 24, 2013
Swedish vegetable oils company AAK has reported record results for its second quarter. Operating profit reached a record high SEK 244 million vs SEK 218 million in the year ago quarter, an improvement of 12%. At fixed exchange rates the improvement was 15%.
Volumes increased by 7% while total organic growth, mainly driven by food ingredients, was 1%.
Food ingredients reached a record high operating profit of SEK 184 million, up 18%. At fixed exchange rates the improvement was 21%.
Chocolate a