Sweden's AAK Q1 volumes grow 3%, operating profit rises despite currency impact

AAK AB (publ)

28/04/2026 07:38

Overview

Sweden plant-based oils producer's Q1 volumes grew 3%, operating profit up 2% despite currency headwinds

Q1 EPS rose to SEK 3.69 from SEK 3.59

Cash flow from operating activities improved to SEK 1,395 mln from negative SEK 492 mln

Outlook

AAK says market conditions remain cautious entering the second qtr

Company remains prudently optimistic about its long-term potential

Result Drivers

VOLUME GROWTH - Co said Q1 volumes grew 3% to 515 kMT, supporting higher operating profit despite cautious market conditions

CURRENCY IMPACT - Negative currency translation reduced reported operating profit by SEK 120 mln, offsetting some underlying profit growth

Company press release: ID:nMFNHJ9N5

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 EPS
SEK 3.69
Q1 Net Income
SEK 965 mln
Q1 Adjusted Free Cash Flow
SEK 1.40 bln
Q1 ROCE
20.70%


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 1 "hold" and 2 "sell" or "strong sell"

The average consensus recommendation for the food processing peer group is "buy"

Wall Street's median 12-month price target for AAK AB (publ) is SEK300.00, about 21.3% above its April 27 closing price of SEK247.40

The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 18 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)