Aak Ab · OMXSTO:AAK
Aak Ab — Q1 2026 Earnings Presentation
15 slides from Aak Ab's earnings presentation, Apr 28, 2026
Slide 1: Conference Call: Interim report, Q1 2026
Conference Call Interim report, Q1 2026 1
Slide 2: Table of content
Table of content 1. Quarterly highlights 2. Selected events 3. Business & financial update 4. Concluding remarks 5. Q&A 2
Slide 3: Forward-looking statements
Forward-looking statements This presentation includes forward-looking statements that are subject to risks and uncertainties, including those pertaining to the anticipated benefits to be realized from the proposals described herein. This presentation contains several forward-looking statements inclu
Slide 4: Volume growth and strong profitability
Quarterly highlights | Selected events | Business & financial update | Concluding remarks | Q&A Volume growth and strong profitability Highlights Q1 2026 Key financials Q1 2026 • Operating profit growth: +11% at fixed FX. • Volume growth: +3%. Volume Operating profit • Strong profitability, with ope
Slide 5: Selected events
Quarterly highlights | Selected events | Business & financial update | Concluding remarks | Q&A Selected events CSRD-compliant Silver medal in Engaged in the Progress on new Annual Report sustainability World Economic Staffanstorp for 2025 assessment EcoVadis Forum 2026 Foodservice facility 5
Slide 6: Food Ingredients
Quarterly highlights | Selected events | Business & financial update | Concluding remarks | Q&A Food Ingredients Operating profit SEK million SEK million 800 4,000 Volume Net sales Operating profit Operating profit ‘000 MT SEK million per kilo SEK SEK million 600 3,000 +5% -3% -2% -7% 400 2,000 297
Slide 7: Chocolate & Confectionary Fats
Quarterly highlights | Selected events | Business & financial update | Concluding remarks | Q&A Chocolate & Confectionary Fats Operating profit SEK million SEK million 600 2,500 Volume Net sales Operating profit Operating profit ‘000 MT SEK million per kilo SEK SEK million 2,000 400 -1% -2% +3% +2%
Slide 8: Technical Products & Feed
Quarterly highlights | Selected events | Business & financial update | Concluding remarks | Q&A Technical Products & Feed Operating profit SEK million SEK million 150 400 Volume Net sales Operating profit Operating profit ‘000 MT SEK million per kilo SEK SEK million 300 100 +1% +3% +4% -14% 200 78 7
Slide 9: Strong free cash flow driven by operating profit and supported by improved inventory levels
Quarterly highlights | Selected events | Business & financial update | Concluding remarks | Q&A Strong free cash flow driven by operating profit and supported by improved inventory levels Cash flow Q1 2026 Comments • Cash flow from operating activities was 220 191 positive in the first quarter gener
Slide 10: Return on Capital Employed (ROCE) remains above 20%
Quarterly highlights | Selected events | Business & financial update | Concluding remarks | Q&A Return on Capital Employed (ROCE) remains above 20% % ROCE end Q1 2026* 24 22 20.7 20.7% 20 18 16 14 EBIT R12M Capital 12 employed* 10 SEK 4,949 SEK 23,927 8 million 6 million 4 2 0 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q
Slide 11: Continued strong balance sheet
Quarterly highlights | Selected events | Business & financial update | Concluding remarks | Q&A Continued strong balance sheet Net debt/EBITDA Net debt/EBITDA 1.50 1.00 0.50 0.39 0.00 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 23 23 23 23 24 24 24 24 25 25 25 25 26 * EBITDA calculated on rolling 12 mont
Slide 12: Investing for growth: CapEx deployment to drive resilience, competitiveness and long-term value creation
Quarterly highlights | Selected events | Business & financial update | Concluding remarks | Q&A Investing for growth: CapEx deployment to drive resilience, competitiveness and long-term value creation Structured Project Governance Strategic Investments Capital Markets Logic Annual structured budgeti
Slide 13: Volume growth and strong profitability
Quarterly highlights | Selected events | Business & financial update | Concluding remarks | Q&A Volume growth and strong profitability • Early signs of volume recovery, but market conditions remain cautious. • Continued focus on what we can control. • Disciplined commercial execution and operational
Slide 14: Q&A
Q&A 14
Slide 15: Making Better Happen
Everything we do is about Making Better HappenTM 15