At AAK, our strategy is designed to maximize value creation while reinforcing our position as an industry leader. By continuously optimizing operations, refining our portfolio, and driving innovation, we ensure long-term growth and profitability.
Following strong performance in recent years, we have raised our 2030 profitability aspiration from SEK 2 per kilogram to SEK 3+ per kilogram. Additionally, we aim to grow our volumes faster than the underlying market while strengthening our recognition for delivering a positive impact. This ambition provides a clear direction for continued operating profit growth on average of 10 percent per year.
Updated 2030 Aspiration
1) Excluding acquisitions and divestments.
Well-Positioned for long-term growth
Our strong performance is driven by a combination of strategic actions, increasing alignment, and operational optimization. We will continue to:
- Increase efficiency across AAK to drive profitability.
- Shift towards higher-margin products by focusing on speciality solutions.
- Expand our innovative capabilities to meet emerging customer needs and accelerate sustainable solutions.
For 2030, our focus will be on developing innovative speciality ingredients, enhancing customer outcomes, and advancing health and sustainability-driven solutions. A key priority is to replace fossil-based solutions with plant-based alternatives to meet the growing demand for environmentally friendly products.
Our portfolio strategy drives focus on higher value
AAK’s portfolio strategy ensures focus on high-value market opportunities. We have defined four strategic roles that enable us to accelerate execution, increase profitability, and expand into new geographical markets. Discover more insights in our Annual Report.
