Brief: AAK Prelim Q1 Oper Profit Up At SEK 952 Mln

AAK AB (publ)

14/04/2023 08:29

April 14 (Reuters) - AAK AB  AAK.ST :
    * ANNOUNCED ON THURSDAY PRELIM Q1 OPER PROFIT OF SEK 952 MLN
VS
SEK 664 MLN YR AGO
    * PRELIM Q1 VOLUMES 541,000 MT VS 575,000 MT YR AGO
    * RECORD-HIGH OPER PROFIT FOR Q1 LARGELY DRIVEN BY STRONG
OPERATING PROFIT PER KILO IN FOOD INGREDIENTS, CHOCOLATE &
CONFECTIONERY FATS
    * VOLUMES DECLINED, LARGELY DUE TO EXPECTED EFFECTS OF
CONTROLLED
EXIT FROM RUSSIAN MARKET, OPTIMIZATION PROGRAM IN BAKERY

        
 Source text for Eikon:  urn:newsml:reuters.com:*:nWkr8yryv6
 Further company coverage:  AAK.ST  

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