Strong sales for speciality fat supplier

AarhusKarlshamn (AAK), the supplier of speciality fats and oils for the confectionery industry, ended 2008 with net sales up 28%.

“Increased volumes and margins for chocolate and confectionery fats and food ingredients, and positive developments in the most recent acquisitions within our Food Ingredients segment are the main contributors to this improvement,” says Group CEO Jerker Hartwall.
The company posted an operating profit of 851 milllion Swedish Kronor (€75.3m) compared to 653 million (€57.8m) in 2007.
AAK, headquartered in Malmo, Sweden, is a leading manufacturer of high value-added speciality vegetable fats with production facilities in Denmark, Mexico, the Netherlands, UK, Sweden, Uruguay and the US.

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Confectionery Production