AAK Interim Report Q2 2026
AAK’s Interim report for the second quarter 2026
Resilient volumes, softer profitability and strong cash flow
Johan Westman, President and CEO: “Market conditions remained cautious during the second quarter of 2026. Volumes were resilient, while profitability was softer, mainly due to Food Ingredients and production-related challenges at the Karlshamn site. For the first half, both volumes and operating profit at fixed currencies increased compared with the previous year. Cash flow was strong in both the first and second quarters”.
AAK Group
• Volumes declined by 1 percent to 486 kMT (490).
• Operating profit decreased by 6 percent, excluding items affecting comparability, with currency translation effects broadly neutral.
• Profit for the period totaled SEK 804 million (643).
• Earnings per share equaled SEK 3.07 (2.47).
• Cash flow from operating activities amounted to SEK 1,081 million (524).
• Return on Capital Employed (ROCE), R12M, was 20.0 percent (20.9 percent on December 31, 2025), excluding items affecting comparability.
Business areas
• Food Ingredients – Operating profit decreased by 14 percent to SEK 658 million (764).
• Chocolate & Confectionery Fats – Operating profit reached SEK 491 million (450), an increase of 9 percent compared with the same quarter last year.
• Technical Products & Feed – Operating profit totaled SEK 24 million (25), a 3 percent decline compared to last year.
Conference call
The Interim report for the second quarter 2026 will be presented today, July 17, 2026 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.