AAK AB

Latest Results (27.09.2025):

AAK AB reported its financial results for the second quarter of 2025, reflecting a mixed performance with a decline in volumes impacted by the Hillside divestment. Despite these challenges, the company achieved an increase in operating profit by 16% when excluding certain non-recurring items.

Volume Decline

AAK AB experienced a 7% decrease in volumes during Q2 2025 compared to the same period last year, including the impact of the Hillside divestment. Excluding the divestment, volumes declined by 2%, reflecting ongoing market dynamics.

Operating Profit Growth

The operating profit increased by 16% in Q2 2025, excluding items related to the Hillside divestment and a one-time restructuring cost of SEK 250 million. This growth highlights the company’s focus on improving operational efficiency and product mix.

Profit for the Period

Profit for Q2 2025 totaled SEK 643 million, a 21% decrease compared to SEK 809 million in Q2 2024. However, when excluding items affecting comparability, the profit stood at SEK 851 million, marking a 5% increase.

Earnings Per Share

Earnings per share for Q2 2025 were SEK 2.47, down 21% from SEK 3.11 in the previous year. Excluding items affecting comparability, earnings per share increased to SEK 3.26, a 5% rise.

Cash Flow from Operations

Cash flow from operating activities decreased to SEK 524 million in Q2 2025 from SEK 1,002 million in Q2 2024. This decline was primarily due to changes in working capital components.

Return on Capital Employed (ROCE)

The Return on Capital Employed for the rolling 12 months was 20.9%, slightly down from 21.5% on December 31, 2024. Excluding items affecting comparability, ROCE remained steady at 21.9%.