AAK Annual Report 2017

AAK in 60 seconds At AAK, we have developed value-adding vegetable oil solutions for more than 140 years. Today, we work within industries such as chocolate and confectionery, bakery, dairy, infant nutrition, medical nutrition, senior nutrition, foodservice, and cosmetics. To make sure we always get the right result we use many different raw materials and processing methods. We believe in a collaborative approach where we bring together our customers’ skills and know-how with our own capabilities and PLQGVHW :H ¿QG WKLV WR EH WKH EHVW ZD\ WR DFKLHYH ORQJ lasting results. With our headquarters in Malmö, Sweden, 20 production IDFLOLWLHV DQG FXVWRPL]DWLRQ SODQWV DQG VDOHV RI¿FHV LQ PRUH than 25 countries, our more than 3,300 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 PROGLQJ 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 6% Technical Products & Feed 28% Chocolate & Confectionery Fats 66% Food Ingredients 13% Technical Products & Feed 19% Chocolate & Confectionery Fats 68% Food Ingredients 4% Technical Products & Feed 38% Chocolate & Confectionery Fats 58% Food Ingredients