AAK AB (OSTO:AAK)

kr 304 -4.2 (-1.36%) Market Cap: 78.91 Bil Enterprise Value: 81.56 Bil PE Ratio: 24.90 PB Ratio: 4.21 GF Score: 84/100

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Q4 2019 AAK AB (publ) Earnings Call Transcript

Jan 30, 2020 / 09:00AM GMT

Release Date Price: kr192.2 (+2.78%)

Transcript

Operator

Welcome to the AAK Q4 report 2019. Today, I'm pleased to present Johan Westman, President and CEO. (Operator Instructions)

I'll now hand the call to Johan. Please begin.

Johan Westman;publ.;President;CEO

AAK AB

()-&

Thank you. Good morning and welcome to the Q4 2019 earnings call for AAK. I have today with me also Fredrik Nilsson, our CFO, and he will take part of this presentation today and also part of the Q&A session.

We have on Page 2 the agenda for today's call. We will start with the fourth quarter and year-end report. Then we will do a business update by business area and some more financial details. We'll also make a short update on our strategic direction going forward, and we will end with a Q&A session.

With that, Page 3, a few highlights on quarter 4. We closed quarter 4 and 2019 in a good way. It is another strong year for AAK. In the last quarter, we did increase our operating profit by 9% year-over-year, and we reached an operating profit of SEK 562 million.

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