AAK’s Interim report for the second quarter 2022 – strong quarter despite high volatility and a demanding macro-economic climate

AAK Group · Total volumes increased by 1 percent, to 554,000 MT (550,000). · Operating profit, excluding items affecting comparability (adjusted operating profit), but including a positive currency translation impact of SEK 84 million, increased by 15 percent, reaching SEK 624 million (541). At fixed foreign exchange rates, operating profit was flat. · AAK reported an item affecting comparability (IAC), a cost of SEK 350 million, related to the decision to exit the Russian market. · Profit for the period amounted to SEK 160 million (103). Excluding IAC, profit for the period