AAK Annual Report 2020

AAK Annual Report 2020 3 Production plants Customization plants Sales offices Sourcing operations Customer Innovation Centers Production plants Customization plants Sales offices Sourcing operations Customer Innovation Centers AAK in the world Our business areas Food Ingredients is our largest business area. It primarily offers solutions to the bakery, dairy, food­ service, and special nutrition industries, as well as the fast-growing market for plant-based foods. Chocolate & Confectionery Fats offers functional cocoa butter equivalents for chocolate, cocoa butter alternatives for coating and molding compounds, and speciality fats for confectionery fillings. Our Technical Products & Feed business area offers fatty acids and glycerine for various applications, vegetable candle waxes, and proteins and fats for animal feed. Volumes % Operating profit % Net sales % Food Ingredients Chocolate & Confectionery Fats Technical Products & Feed Food Ingredients Chocolate & Confectionery Fats Technical Products & Feed Food Ingredients Chocolate & Confectionery Fats Technical Products & Feed 65% 66% 56% 20% 28% 37% 15% 6% 7%