Brief: AAK Q2 Operating Profit Down At SEK 411 Mln

AAK AB (publ)

17/07/2020 12:05

July 17 (Reuters) - AAK AB (publ)  AAK.ST :
    * AAK'S INTERIM REPORT FOR THE SECOND QUARTER 2020 -
CHALLENGING
START TO THE QUARTER FOLLOWED BY CLEAR SEQUENTIAL IMPROVEMENT
    * Q2 OPERATING PROFIT SEK 411 MILLION VERSUS SEK 518 MILLION
YEAR
AGO
    * FREDRIK NILSSON, CFO, HAS DECIDED TO PURSUE NEW
OPPORTUNITIES
OUTSIDE OF AAK AS CFO OF ANOTHER SWEDISH LISTED LARGE-CAP
COMPANY
    * FREDRIK WILL CONTINUE IN HIS CURRENT POSITION UNTIL
BEGINNING OF
2021
    * WITHIN QUARTER, APRIL WAS LOW MARK WITH DEMAND AND
EARNINGS
GRADUALLY IMPROVING IN FOLLOWING MONTHS
    * Q2 TOTAL VOLUMES FOR QUARTER AMOUNTED TO 481,000 MT
(565,000), A
DECREASE BY 15 PERCENT

Source text for Eikon:  ID:nWkrjdxTK 
Further company coverage:  AAK.ST 

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