AAK AB (publ.)

AAK AB (publ.)

ARHUF
AAK AB (publ.)US flagOther OTC
26.00
USD
- -
- -
6.80BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
67.38
71.46
79.67
86.93
104.19
108.75
112.36
110
137.95
194.78
177.33
173.57
177.22
177.02
Basic EPS, GAAP
2.98
3.53
3.7
3.95
4.71
5.21
5.86
6.15
5.59
6.84
11.35
13.62
13.2
12.98
Free Cash Flow per Basic Share
3.04
0.37
2.94
0.93
1.11
1.44
2.98
5.04
-0.43
-5.02
15.68
4.26
-1.7
-2.5
Dividend per Share
0.88
1
1.12
1.29
1.46
1.62
1.85
2.11
2.3
2.5
2.75
3.7
5
5
Book Value per Share
19.92
22.33
25.12
27.83
31.16
34.64
38.79
43.93
48.84
55.37
63.85
73.53
82.57
- -
Tangible Book Value per Share
12.74
17.43
18.64
21.81
22.8
27.58
31.31
28.83
36.01
47.33
54.6
67.41
67.63
61.38
Basic Weighted Avg Shares
245
249
252
254
254
254
254
254
257
259
260
260
260
260
Sales/Revenue/Turnover
16,537
17,814
20,114
22,057
26,436
27,592
28,510
27,934
35,452
50,425
46,028
45,052
46,021
45,944
Operating Margin (%)
6.75
6.52
6.78
7.32
6.76
7.09
7.51
7.76
5.89
5.03
8.94
10.87
10.16
10.22
Depreciation Expense
343
381
431
464
491
552
687
755
718
818
857
862
882
852
Net Income, GAAP
732
879
933
1,003
1,194
1,322
1,487
1,563
1,437
1,770
2,946
3,536
3,429
3,369
Effective Tax Rate (%)
27.14
23.14
27.03
28.03
27.25
26.74
24.76
22.5
27.18
24.26
22.75
23.99
23.71
24.1
Profit Margin (%)
4.43
4.93
4.64
4.55
4.52
4.79
5.22
5.6
4.05
3.51
6.4
7.85
7.45
7.33
Working Capital
2,734
3,481
3,264
3,967
3,811
5,119
5,904
4,693
5,881
9,169
9,177
10,938
10,648
9,453
LT Debt
2,289
2,538
2,132
2,857
2,354
2,551
3,662
2,704
2,104
4,088
2,599
1,360
741
1,252
Total Equity
4,364
5,800
6,650
7,576
7,734
8,996
10,421
9,738
11,831
15,083
17,173
20,149
19,968
18,411
Return on Invested Capital (%)
11.64
11.35
10.81
11.04
11.37
11.7
11.11
11.01
9.76
9.69
14.08
15.91
14.28
15.65
Return on Capital (%)
10.79
12.18
11.65
11.37
11.89
12.1
11.71
10.84
9.15
9.87
14.76
16.92
14.48
80.36
Return on Common Equity (%)
15.87
16.81
15.67
14.97
15.95
15.84
15.96
14.89
12.12
13.17
19.06
19.83
16.92
- -

Capital Structure

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
2,211
2,417
3,703
LT Borrowings
949
885
881
LT Finance Leases
411
370
371
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
260
260
260
Market Capitalization
80,915
73,411
63,653

Working Capital

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
22,642
20,953
21,105
Cash, Cash Equivalents & STI
1,911
1,223
1,283
Accounts Receivable, Net
5,793
6,137
6,237
Inventories
11,872
10,662
10,439
Total Current Liabilities
11,704
10,236
11,652
Payables & Accruals
- -
- -
- -
ST Debt
2,211
2,417
3,703
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
12.09%
15.85%
-0.9%
Free Cash Flow
49.31%
67.15%
-139.84%
Net Income, GAAP
15.34%
19.71%
-3.03%
Sales/Revenue/Turnover
9.56%
12.09%
2.15%
Total Cash Common Dividend
16.75%
19.95%
35.21%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
11,118
11,033
11,171
11,730
45,052
2025
11,743
11,300
11,480
- -
46,021
2026
11,388
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3.59
3.11
3.35
3.57
13.62
2025
3.59
2.47
3.64
- -
13.2
2026
3.69
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
3.7
- -
- -
3.7
2025
- -
5
- -
- -
5
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Johan Westman
Full Time Employees
4,000
Sector
Consumer Defensive
Industry
Packaged Foods
Address
Skrivaregatan 9 Malmö Sweden 215 32
IPO Date
Jan 17, 2014
Website
aak.com
Business
AAK AB (publ.) develops, produces and markets value-adding plant-based oils and fats for food manufacturers, foodservice operators and other industrial customers worldwide. The company operates through three main segments: Food Ingredients, which offers baking fats, dairy fat alternatives, ice cream fats, infant formula ingredients and other oil and fat solutions for bakery, dairy and ice cream, plant-based foods, special nutrition and foodservice industries; Chocolate & Confectionery Fats, which provides specialty fats for chocolate, spreads, fillings and confectionery products as well as emollients for personal care applications including sun care, hair care, color cosmetics, deodorants, wet wipes and diaper coatings; and Technical Products & Feed, which supplies natural emulsifiers, fatty acids, glycerin, candle waxes, deinking chemicals and animal feed ingredients. AAK maintains production facilities in 19 sites across Europe, North and South America and Asia, including Sweden, the United States, the United Kingdom, the Netherlands, Belgium, Mexico, Uruguay, Malaysia and Indonesia, supported by 25 regional sales offices and 16 customer innovation centers serving a global customer base. Founded in 2005 through the merger of Aarhus United A/S (1871) and Karlshamns AB (1918) and headquartered in Malmö, Sweden, AAK employs approximately 4,000 people and lists its shares on Nasdaq Stockholm under the ticker AAK in the Food & Beverage sector. Recent developments include a joint venture with Kuala Lumpur Kepong Berhad (KLK) to strengthen supply of specialty palm fractions; the launch of AkoVita OptiSyn™, a new solution for metabolic health; expansion of its Hastings, UK facility and investment in a new Foodservice operations and logistics site in Dalby, Sweden; a partnership with Vista Processed Foods in India to address demand for plant-based meat alternatives; a public-private initiative in Ghana targeting sustainable shea sourcing for 13,000 women farmers; renewal of its sustainable palm oil partnership in Indonesia with Musim Mas and Nestlé; achievement of Great Place to Work certification in 16 countries; and appointment of Nese Tagma as President of Sourcing, Trading & Sustainability, alongside announcements signaling intent for acquisitions following profitability gains.

Company News

APIChat
  • AAK AB (publ.) (ARHUF) Q1 2026 Earnings Call Transcript

  • AAK AB (publ.) (ARHUF) Q4 2025 Earnings Call Transcript