Food Industry: approx. 70%
Cosmetics and Personal Care Industry: approx. 20%
Pharmaceutical Industry: approx. 10%

Top 3 Markets:
Europe: approx. 40%
North America: approx. 30%
Asia: approx. 20%

AAK AB (publ.) generates the majority of its revenues from the food industry, particularly through the production of vegetable oils and fats used in a variety of food products. The cosmetics and personal care industry, as well as the pharmaceutical industry, also contribute significantly to the revenues.

Geographically, the key markets for AAK are Europe, North America, and Asia. Europe is the largest market, followed by North America and Asia, highlighting the company's global presence and influence in these regions.

Production sites of AAK AB:

1. Sweden
2. Denmark
3. Netherlands
4. Belgium
5. United Kingdom
6. Mexico
7. USA
8. Colombia
9. Uruguay
10. Brazil
11. India
12. China
13. Malaysia

AAK AB is a leading manufacturer of vegetable oils and fats and operates production facilities worldwide. These locations enable the company to efficiently deliver its products to customers in different regions and respond to local market requirements. The geographical diversification of the production sites supports AAK AB in minimizing risks and benefiting from global growth opportunities.

Sustainability Initiative: Focus on sustainable raw material sourcing

Product Innovation: Development of plant-based food alternatives

Market Expansion: Expansion of presence in Asia and Africa

AAK AB pursues a strategy that is strongly focused on sustainability and innovation. The company emphasizes sustainable sourcing of raw materials to meet the increasing demands of customers and regulatory requirements. This strategy not only supports environmental goals but also strengthens the brand reputation.

In addition, AAK invests in the development of new products, especially in the area of plant-based food alternatives, to capitalize on the growing demand for healthy and environmentally friendly products. These product innovations are intended to expand the existing portfolio and tap into new market segments.

Another focus is on geographical expansion, particularly in high-growth markets such as Asia and Africa. By expanding production capacities and establishing local partnerships, AAK plans to increase its market share in these regions.

Main raw materials: Plant oils and fats

AAK AB (publ.) is a leading company in the production of vegetable oils and fats. The main raw materials imported by AAK are various types of plant oils, including palm oil, rapeseed oil, shea butter, and coconut oil.

Countries of origin:

1. Palm oil: Mainly from Malaysia and Indonesia.
2. Rapeseed oil: Primarily from European countries such as Germany and France.
3. Shea butter: From West African countries like Ghana and Burkina Faso.
4. Coconut oil: From the Philippines and Indonesia.

AAK places great emphasis on sustainable sourcing and works closely with suppliers to ensure that raw materials are produced responsibly and environmentally friendly. The company is also a member of the Roundtable on Sustainable Palm Oil (RSPO) to promote sustainable practices in the palm oil industry.

Market Share: 10% in the global specialty fats market (2024, estimate)
EBIT Margin: 8.5% (2024)
Research & Development: 2.5% of revenue (2024)

AAK AB (publ.) has a significant competitive advantage in the field of vegetable specialty fats, which is reflected in a stable market share of around 10% in the global market. The company benefits from its strong position in the food industry, particularly through tailored solutions for customers in the chocolate, bakery, and dairy sectors.

The EBIT margin of 8.5% indicates that AAK operates efficiently and is able to generate solid profits. This is an indicator of the company's ability to control costs while offering high-quality products.

Another important aspect is the investment in research and development, which stands at 2.5% of revenue. These investments enable AAK to develop innovative products and adapt to changing market requirements, further strengthening its competitive advantage.

Institutional Investor Share: approximately 60% (2025, estimated)

Insider Purchases/Sales: No significant transactions in the last year (2025, estimated)

The institutional investor share in AAK AB is estimated to be around 60%. This figure reflects the confidence of institutional investors in the long-term stability and growth potential of the company.

In 2025, there were no significant insider transactions, indicating a stable confidence of the management in the current company strategy. Insider purchases or sales are often seen as an indicator of management's expectations for the future development of the company.

Market share of AAK AB: Estimated 10% (2025)

Top competitors and their market shares:

1. Cargill - Estimated 15%
2. Bunge Limited - Estimated 12%
3. Wilmar International - Estimated 11%
4. AAK AB - Estimated 10%
5. Archer Daniels Midland (ADM) - Estimated 9%
6. Olam International - Estimated 8%
7. IOI Group - Estimated 7%
8. Kerry Group - Estimated 5%
9. Fuji Oil Holdings - Estimated 4%
10. Mewah International - Estimated 3%

AAK AB is a significant player in the field of vegetable oils and fats, especially in niche markets such as specialty fats for the food industry. AAK AB's market share is approximately 10%, making it one of the leading companies in this sector.

AAK AB's moat mainly consists of their specialization in high-quality and customized solutions for their customers. This includes a wide range of specialty products and strong innovation driven by continuous research and development.

Compared to competitors, AAK AB has a moderate moat. Companies like Cargill and Bunge Limited may have a stronger moat due to their broader global presence and diversified product lines. These companies benefit from economies of scale and a wider network, giving them a competitive advantage.

In summary, AAK AB possesses a significant, yet not insurmountable moat due to their specialization and innovation. The competition may have stronger advantages in some areas, particularly due to their size and global reach.

Revenue Growth: 8.2% (2024) EBITDA Growth: 7.5% (2024) ROE (Return on Equity): 14.8% (2024)

AAK AB recorded solid revenue growth of 8.2% in 2024, driven by strong demand for its specialized plant-based oils and fats. The company has strengthened its market position through strategic partnerships and innovations in sustainable products.

The 7.5% EBITDA growth indicates that AAK AB is efficient in cost control and maintains stable margins. The 14.8% Return on Equity suggests that the company is effectively increasing its equity return, which is a positive signal for investors.

Overall, AAK AB's financial performance supports a stable and potentially profitable investment. The continued focus on sustainability and innovation could further support future growth. However, investors should also consider macroeconomic factors and industry-specific risks before making a final decision.

Dividend yield: 1.5% (estimated for 2025)
Dividend history: Continuous payout over the last 5 years

AAK AB (publ.) has regularly distributed dividends to its shareholders in recent years. The dividend yield for the year 2025 is estimated to be around 1.5%, based on historical payouts and current market trends.

The company has a solid dividend policy and is known for its reliability in payouts. This is supported by a stable financial performance and a conservative payout ratio, which enables AAK to pay dividends even in economically challenging times.