The ongoing corona pandemic continues to profoundly impact people, societies, and business operations across the world. Over the last few months, extensive restrictions and lockdown measures have been implemented in most countries around the world. As earlier communicated, this has resulted in a negative impact on demand and earnings within most industries that AAK serves. In response, we are optimizing our cost base in affected segments without jeopardizing our long-term capabilities and strategic initiatives. “In spite of the short- to mid-term impact from the corona pandemic, we
