Brief: AAK Reports Sequential Volume Improvement

AAK AB (publ)

25/10/2023 07:42

Oct 25 (Reuters) - AAK AB (publ)  AAK.ST :
    * STRONG PROFIT GROWTH, INCLUDING A SEQUENTIAL VOLUME IMPROVEMENT
    * Q3 NET SALES SEK 11,619 MILLION
    * SIMILAR TO FIRST HALF OF THIS YEAR, Q3 INCREASE IN OPERATING PROFIT WAS MAINLY DRIVEN BY
HIGHER
SALES OF SPECIALITY SOLUTIONS, PRODUCTIVITY IMPROVEMENTS, AND BETTER PORTFOLIO AND PRICE
MANAGEMENT
    * Q3 FINANCIAL COSTS INCREASED DUE TO HIGHER INTEREST RATES AND REPORTING IN
HYPERINFLATIONARY
ECONOMIES (IAS 29), PARTLY OFFSET BY A REDUCED DEBT LEVEL
    * Q3 NET FINANCIAL COSTS TOTALED SEK 230 MILLION

Source text for Eikon:  ID:nWkr3RpVZt 
Further company coverage:  AAK.ST 

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