United Kingdom

AAK AB (publ) (AAK.ST)

AAK.ST on Stockholm Stock Exchange

12 Dec 2017
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Latest Key Developments (Source: Significant Developments)

AAK Q3 operating profit matches forecasts​
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - AAK AB (Publ) :Q3 ‍operating profit reached SEK 475 million (431 excluding acquisition costs)​.Says ‍total volumes continued to grow nicely and increased by 8 percent (11)​.Says ‍organic volume growth was 4 percent (4)​.Reuters poll: AAK Q3 operating profit was seen at SEK 474 million.  Full Article

AAK Q2 operating profit in line with forecasts
Friday, 15 Jul 2016 

AAK Publ AB : Q2 total volumes 6 percent (12) . Q2 organic volume growth 1 percent (4) . Q2 operating profit SEK 368 million (326 excluding non-recurring items), an improvement of 13 percent .Reuters poll: AAK Q2 operating profit was seen at SEK 370 million.  Full Article

AAK says acquires California based CalOils
Friday, 15 Jul 2016 

AAK Publ AB : Says has acquired the leading West Coast based vegetable oils company California Oils Corporation, also known as CalOils, from Mitsubishi Corporation . Says the acquisition price is subject to final calculation of normalized working capital and is expected to be less than 3 percent of AAK's turnover on a cash and debt free basis . Says acquisition cost is funded by existing credit facilities . Says the transaction is expected to be finalized between end of august to end of september 2016 .Says transaction is expected to start contributing to AAK's operating profit from q3, 2017.  Full Article

AAK proposes SEK 7.75/share as dividend for 2015
Wednesday, 3 Feb 2016 

AAK publ AB:Proposes dividend of 7.75 Swedish crowns per share for 2015.Paid dividend of 6.75 crowns for 2014.  Full Article

BRIEF-Johan Westman appointed new CEO at AAK

* He is currently Senior Vice President Europe and Managing Director of the BlankLight division at Shiloh Industries Source text for Eikon: Further company coverage: (Reporting by Stockholm Newsroom)