AAK AB (OSTO:AAK)
kr 304 -4.2 (-1.36%) Market Cap: 78.91 Bil Enterprise Value: 81.56 Bil PE Ratio: 24.56 PB Ratio: 4.15 GF Score: 84/100

Q3 2021 AAK AB (publ) Earnings Call Transcript

Oct 29, 2021 / 12:00PM GMT
Release Date Price: kr187.7 (+0.05%)
Operator

Ladies and gentlemen, welcome to the AAK Audiocast for Teleconference Q3 2021. Today, I'm pleased to present CEO, Johan Westman. (Operator Instructions)

Johan, please begin your meeting.

Johan Westman;publ.;President;CEO
AAK AB

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Thank you so much, and good afternoon, everyone. Welcome to the AAK Q3 Earnings Call. I have with me here also Tomas, our CE -- CFO, and we will run this presentation. Agenda for today will cover some highlights for the third quarter 2021. Some key events as well as a business and financial update, and as usual, we have concluding remarks and a Q&A session at the end.

And with that, let's move into the presentation on Page 3. Summarizing the third quarter, we can conclude that we have continued on a good path forward. We have delivered strong earnings growth in the quarter. If you look at operating profit at fixed currency, we are up 12% year-on-year and with operating profit, our margin up 8% year-on-year, reporting operating profit of SEK 642 million. So

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