AAK Annual Report 2017

Medium- and fast-growing markets Slow-growing markets - Nordics - Western Europe * Management ambition, as presented at the Capital Market Day 2016. Medium-growing markets - USA - CEE - CIS Fast-growing markets - Asia - Latin America 100 90 80 70 60 50 40 30 20 10 0 % 2009 62 18 20 2006 69 18 13 2012 47 31 22 2017 40 31 29 2020* 25 35 40 Production plants Customization plants Sales offices Sourcing operations Customer Innovation Centres Operational key figures (SEK million unless otherwise stated) 2013 2014 2015 2016 2017 Volumes, thousand tons 1,620 1,703 1,833 1,966 2,129 Net sales 16,537 17,814 20,114 22,057 26,436 Adjusted operating profit (EBIT)* 1,127 1,242 1,411 1,615 1,786 Operating profit 1,117 1,262 1,409 1,615 1,786 Operating profit per kilo, SEK 0.69 0.74 0.77 0.82 0.84 Cash flow from operating activities 1,300 692 1,736 1,213 1,099 Earnings per share, SEK 17.87 21.15 22.17 23.71 28.24 Equity per share, SEK 105.76 138.51 156.77 177.87 181.23 Dividend per share, SEK 6.00 6.75 7.75 8.75 9.75** Return on Capital Employed, R12m, % 16.4 16.0 15.7 15.8 15.6 * Adjusted for non-recurring items and acquisition costs. ** In accordance with the Board of Directors’ proposal. 'H¿QLWLRQV VHH SDJH AAK in the world III Volumes