AAK Interim Report Quarter 2, 2011
Second quarter 2011 · Net sales in the second quarter increased to SEK 3,907 million (3,594) mainly due to increased raw material prices and a better product mix, partly offset by a negative currency translation impact of SEK 361 million. Volumes decreased by 8 percent due to lower commodity volumes, consistent with the previous quarter. Speciality volumes continued to increase. · Operating profit, excluding non-recurring items of SEK 3 million, amounted to SEK 196 million (164), an improvement of 20 percent. At fixed exchange rates operating profit improved by 32 percent. ·