date:Apr 27, 2013
AAK, the Swedish manufacturer of speciality vegetable fats used in food, chocolate and confectionery applications, has reported a record high first quarter operating profit, driven by continued strong performance in Food Ingredients. Profits, at SEK 242 million, were up 10% compared to the corresponding quarter in 2012.
The companys Food Ingredients business also recorded a record high result of SEK 158 million, up 15%.
Chocolate Confectionery Fats improved by 4%.
During the first quarter,