Brief: AAK Q3 Operating Profit SEK 822 Million, Above Estimates

AAK AB (publ)

25/10/2022 07:34

Oct 25 (Reuters) - AAK AB (publ)  AAK.ST :
    * Q3 TOTAL VOLUMES DECREASED BY 4 PERCENT, TO 559,000 MT
(583,000)
    * Q3 OPERATING PROFIT SEK 822 MILLION VERSUS REFINITIV POLL:
SEK
700.7 MILLION
    * Q3 REVENUE SEK 13,306 MILLION VERSUS REFINITIV POLL: SEK
12,579
MILLION
    * CO'S UKRAINIAN BUSINESS HAS RESUMED OPERATIONS
    * IN Q3 RAW MATERIAL PRICES DECLINED FROM RECORD HIGH LEVELS
SEEN
IN H1
    * DECLINE IN RAW MATERIAL PRICES TO HAVE POSITIVE EFFECT ON
WORKING CAPITAL, CASH FLOW IN H1 2023

Source text for Eikon:  ID:nWkr7cKvCj 
Further company coverage:  AAK.ST 
 (Gdansk Newsroom)
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