The insurance case related to the fire that broke out on January 7, 2021 in our facility in Jonesborough, TN, USA has now been closed. Total insurance coverage amounts to 74 MUSD, of which 10 MUSD was paid in April 2021. The balance of 64 MUSD will be paid to HEXPOL before the end of October. The costs for the fire are estimated at approx. 25 MUSD. Above transactions will affect operating profit as non-recurring items.
January 21, 2022
Information about Märta Schörling Andreen´s and Sofia Schörling Högberg´s divestments of Nibe shares Regarding the information about Schörling family´s transactions in Nibe, that have circulated in media, we make the following clarification.Between June and July 2021 Märta SchörlingAndreen and Sofia Schörling Högberg made divestments of 11 000 000 B-shares each. Between November and December 2021 MärtaSchörling Andreen and Sofia Schörling Högberg made divestments of8 124 861 B-shares each.
November 25, 2021
OCTOBER–DECEMBER 2020 · Total sales MSEK 26 477 (28 257) · Organic sales growth 1 percent (2) · Operating income before amortization MSEK 1 404 (1 497) · Operating margin 5.3 percent (5.3) · Items affecting comparability (IAC) MSEK –422 (–83), relating to transformation programs and the cost- · savings program in the Group · Earnings per share SEK 1.45 (2.38) · Earnings per share, before IAC, SEK 2.38 (2.54) · Cash flow from operating activities 109 percent (124) JANUARY–DECEMBER 2020 · Total sales MSEK 107 954 (110 899) · Organic sales growth 0
November 25, 2021
AAK has joined forces with global confectionery, food, and pet care company Mars, several leading NGOs, and an impact investment fund to create a public-private partnership. This will improve the livelihoods of women working in Ghana’s shea supply chain. Running until 2030, the Women in Shea (WISH) initiative aims to reach 13,000 women shea collectors from more than 150 communities in northern Ghana. Project goals Stakeholders in the WISH initiative have the common goal to bring economic and social benefits to the 13,000 women in the program and promote environmental improvements for
