AAK’s Interim report for the second quarter 2021 – record-high second quarter despite continued volatility and uncertainty

AAK Group · Total volumes increased by 14 percent, to 550,000 MT (481,000). · Operating profit, excluding items affecting comparability (adjusted operating profit) but including a negative currency translation impact of SEK 37 million, increased by 32 percent, reaching SEK 541 million (411). · AAK reported an item affecting comparability (IAC) of SEK 304 million, related to the proposed optimization of the company’s European bakery business. SEK 203 million of this has a non-cash flow impact. · Profit for the period amounted to SEK 103 million (324). Excluding IAC and related