AAK Annual Report 2016

AAK in 60 seconds We develop and provide value-adding vegetable oil solutions in close collaboration with our customers, enabling them to achieve long-lasting business results. We do so through our in-depth expertise in oils & fats within food applications, working with a wide range of raw materials and broad process capabilities. Through our unique co-development approach we bring together our customers’ skills and know-how with our capa- ELOLWLHV DQG PLQGVHW %\ GRLQJ VR ZH VROYH FXVWRPHU VSHFL¿ F needs across many industries – Bakery, Chocolate & Confectionery, Dairy, Foodservice, Special Nutrition, Personal Care, and more. AAK’s proven expertise is based on more than 140 years of experience within oils & fats. With our headquarters in Malmö, Sweden, 20 production facilities and customization SODQWV DQG VDOHV RI¿ FHV LQ PRUH WKDQ FRXQWULHV RXU nearly 3,000 employees are dedicated to providing innovative value-adding solutions to our customers. So no matter where you are in the world, we are ready to help you achieve long-lasting results. We are AAK – The Co-Development Company. Three business areas Food Ingredients Our largest business area primarily offers solutions to the bakery, dairy, foodservice and special nutrition industries. The latter includes solutions within infant, senior and medical nutrition. Chocolate & Confectionery Fats Our second largest business area offers functional cocoa butter alternatives for chocolate, FRPSRXQGV IRU FRDWLQJ DQG PRXOGLQJ DQG VSHFLDOLW\ IDWV IRU FRQIHFWLRQHU\ ¿ OOLQJV Technical Products & Feed Our Technical Products & Feed business area offers fatty acids and glycerine for various applications, and proteins and fats for animal feed. Volumes Net sales 2SHUDWLQJ SUR¿ W II 14% Technical Products & Feed 19% Chocolate & Confectionery Fats 67% Food Ingredients 6% Technical Products & Feed 28% Chocolate & Confectionery Fats 66% Food Ingredients 6% Technical Products & Feed 37% Chocolate & Confectionery Fats 57% Food Ingredients