AAK’s Interim report for the first quarter 2017 – all-time high operating profit for a first quarter
· Operating profit reached SEK 431 million (381), an improvement of 13 percent. The currency translation impact was SEK 7 million, mainly related to Chocolate & Confectionery Fats. · Ramp-up costs for the greenfield projects in Brazil and China have, according to plan, been absorbed in the reported profit. · Total volumes continued to grow nicely and were up 10 percent (5). Organic volume growth was 5 percent (0). The demand for speciality and semi-speciality products continued to be strong and generated organic volume growth of 6 percent (2). · Food Ingredients improved by 9