AAK’s Interim report for the third quarter 2026

Resilient volumes and strong cash flow – profitability below last year

Johan Westman, President and CEO: “Market conditions and consumer sentiment remained subdued during the third quarter of 2026. Against this backdrop, volumes proved resilient and were in line with last year, while operating profit decreased by 8 percent. Operating cash flow was strong.”

AAK Group

  • Volumes were in line with last year at 509 kMT (510).
  • Operating profit decreased by 8 percent to SEK 1,154 million (1,260), including a positive currency translation effect of SEK 21 million.
  • Profit for the period totaled SEK 839 million (911).
  • Earnings per share equaled SEK 3.22 (3.50).
  • Cash flow from operating activities amounted to SEK 1,496 million (542).
  • Return on Capital Employed (ROCE), R12M, was 19.1 percent (20.9 percent on December 31, 2025), excluding items affecting comparability.

Business areas

  • Food Ingredients – Operating profit decreased by 10 percent to SEK 687 million (766).
  • Chocolate & Confectionery Fats – Operating profit amounted to SEK 500 million (525), a decrease of 5 percent compared with the same quarter last year.
  • Technical Products & Feed – Operating profit totaled SEK 32 million (46), a 31 percent decline compared with last year.

Conference call
The Interim report for the third quarter 2026 will be presented today, October 23, 2026 at 10:00 a.m. Central European Time (CEST). For participation, please see instructions under the investor tab on the AAK website, www.aak.com.



Files

AAK Interim Report Q3 2026