AAK refines vegetable oils for specialised products which meet our customers' high requirements. In partnership with its customers, AAK develops leading global positions with a high level of profitability.

AAK should be the first choice for customers whose production relies on high value-adding vegetable oils. This is what has made AAK the world's leading producer of speciality vegetable fats. The products are used as substitutes for dairy fat and cocoa butter, as transfree solutions for fillings for chocolate and confectionery products, as well as by the cosmetics industry.

Raw materials are obtained from areas such as Asia and West Africa. AAK is committed to sustainable development and is a founder of RSPO, Roundtable for Sustainable Palm Oil, and GreenPalm Ltd. Through these initiatives, AAK has contributed to the natural extraction of palm oil through natural agricultral development without ruthless exploitation.

AAK's products originate in the plant kingdom and are renewable. This means that they have minimum impact on the environment.

AAK is organised in three business areas; Food Ingredients, Chocolate & Confectionery Fats and Technical Products & Feed. The cosmetics unit, which is part of Chocolate & Confectionery Fats, is a rapidly-growing operation.

Production facilities are located in Belgium, Colombia, Denmark, Mexico, the Netherlands, United Kingdom, Sweden, Uruguay and the USA.

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Malmö, SE
Size (employees)
3,480 (est)
AAK is headquartered in Malmö, SE
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Key People/Management at AAK

Johan Westman

Johan Westman

CEO and President
Fredrik Nilsson

Fredrik Nilsson

CFO (Chief Financial Officer), Head of Corporate Communications and HR. Vice President AAK AB
Jan Lenferink

Jan Lenferink

President AAK Europe. Vice President AAK AB
David Smith

David Smith

President European Supply Chain. Vice President AAK AB
Torben Friis Lange

Torben Friis Lange

President Asia. Chairman Global Sourcing and Trading. Vice President AAK AB
Terrence W. Thomas

Terrence W. Thomas

President AAK USA and Canada. Vice President AAK AB
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AAK Office Locations

AAK has an office in Malmö
Malmö, SE (HQ)
12 Jungmansgatan
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AAK Financials and Metrics

AAK Financials

AAK's revenue was reported to be kr20.11 b in FY, 2015 which is a 13.5% increase from the previous period.

Revenue (FY, 2015)

20.1 b

Revenue growth (FY, 2014 - FY, 2015), %


Gross profit (FY, 2015)

5.1 b

Gross profit margin (FY, 2015), %


Net income (FY, 2015)

945 m

EBIT (FY, 2015)

1.4 b

Market capitalization (31-Oct-2017)

28.6 b

Closing share price (31-Oct-2017)


Cash (31-Dec-2015)

459 m


30.6 b
AAK's current market capitalization is kr28.6 b.
SEKFY, 2014FY, 2015


17.7 b20.1 b

Revenue growth, %


Cost of goods sold

13.5 b15 b

Gross profit

4.3 b5.1 b
sekY, 2014Y, 2015


264 m459 m

Total Assets

12.5 b13.9 b

Total Debt

2.6 b2.4 b

Total Liabilities

6.7 b7.2 b
SEKFY, 2014FY, 2015

Cash From Operating Activities

692 m1.7 b
SEKY, 2015


21.7 x


17.6 x
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AAK News and Updates

Bakery Ingredient Market Report Explored in Latest Research 2020

Persistence Market Research has announced the addition of the “Bakery Ingredient Market Global Industry Analysis and Opportunity Assessment,2020"report to their offering Posted via Industry Today. Follow us on Twitter @IndustryToday

Sweet Almond Oil Market Global Industry Analysis And Opportunity And Forecast 2018 To 2025

Market Analysis Research Report On “Global Sweet Almond Oil Market 2018 Industry Growth, Size, Trends, Share, Opportunities And Forecast To 2025” To Their Research Database. Posted via Industry Today. Follow us on Twitter @IndustryToday

Specialty Fats Global Market 2018: Key Players – AAK AB, Wilmar, Cargill, IOI Group, Musim Mas

Specialty Fats -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2023 Posted via Industry Today. Follow us on Twitter @IndustryToday

Specialty Fats 2017 Global Market Expected to Reach US$ 3310 million and Forecast to 2021

WiseGuyReports.Com Publish a New Market Research Report On - “Specialty Fats 2017 Global Market Expected to Reach US$ 3310 million and Forecast to 2021”. Posted via Industry Today. Follow us on Twitter @IndustryToday

Almond Oil Industry 2017 Sales, Supply and Consumption Analysis and Forecasts to 2022

Wiseguyreports.Com adds “Almond Oil Market –Market Demand, Growth, Opportunities, Analysis of Top Key Players and Forecast to 2022” To Its Research Database. Posted via Industry Today. Follow us on Twitter @IndustryToday
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