AAK AB (publ.) (AAK) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

For the first part of the presentation, participants will be in listen-only mode. During the questions and answers session, participants are able to ask questions by dialing pound key 5 on their telephone keypad. Today's event will last for 45 minutes. Now I will hand the conference over to the speakers, CEO Johan Westman and CFO Tomas Bergendahl. Please go ahead. Thank you. Good morning everyone and thank you for joining us and thank you also for your interest in AAK. As you heard, I have today with me our CFO Thomas Bergendahl. And with that, please turn to page number two. What we will cover today is quarterly highlights, some selected events, business and financial update as well as some concluding remarks and then we take Q&A and we are scheduled to continue for about 45 minutes. With that, let's move to page number three. This presentation includes forward-looking statements that come with risks and uncertainties. These are our views on future events and financial performance, but actual results may differ. So please keep that in mind when we are going over the material for you today. With that, let's move into the presentation on page number four. Against the backdrop of disciplined execution and on a strong making better happen culture within our company, we enter 2026 strengthened by a solid execution in 2025. For the full year, operating profit increased by 9% at constant exchange rates and excluding the hillside divestment and the second quarter restructuring cost that we took. Leveraging our decentralized operating model, we adapted well to what we could call a challenging volume environment and continued to really generate value for the company and our shareholders. Moving on to the fourth quarter performance. We delivered a solid result in a demanding m...