AarhusKarlshamn

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SWEDEN: AAK posts Q3 profit

7 Nov 2011

Swedish vegetable fat manufacturer AarhusKarlshamn (AAK) has booked a rise in third-quarter profits, on the back of higher raw material prices.

UK: AAK looks to rationalise UK facilities

24 May 2011

Swedish fats and oils specialist AarhusKarlshamn (AAK) is mulling the closure of a UK manufacturing site as it looks to rationalise its operations and drive future growth in the market.

SWEDEN: AAK sales, profits rise

4 May 2011

Swedish vegetable fat manufacturer AarhusKarlshamn (AAK) has booked a rise in first quarter net sales and operating profit on the back of higher pricing and cost cuts.

CHINA: AAK opens China office, appoints country manager

1 Mar 2011

AarhusKarlshamn has opened a sales office in Shanghai and appointed Rick Luo as country manager for China.

SWEDEN: AAK FY profits dip in 2010

18 Feb 2011

Swedish oils and fats group AarhusKarlshamn today (18 February) booked flat full-year operating profit, as lower raw materials prices hit sales.

SWEDEN: AAK eyes growth opportunities as profits rise

24 May 2010

Swedish vegetable oil producer AarhusKarlshamn (AAK) said it sees growth opportunities in all business areas as it booked an increase in first-quarter profits.

SWEDEN: AAK posts drop in FY profits

18 Feb 2010

Swedish vegetable oil producer AarhusKarlshamn (AAK) reported a drop in full-year profits and sales today (18 February) but said its balance sheet provides the foundation for “continued development”.

SWEDEN: AAK appoints new CEO

17 Dec 2009

Swedish vegetable fats group AarhusKarlshamn has appointed Arne Frank to the position of president and CEO.

SWEDEN: AAK hails cost cuts, earnings growth

11 Nov 2009

Sweden's AarhusKarlshamn has highlighted the progress it has made growing earnings and stripping costs from the business.

SWEDEN: AAK profit down in nine-month period

6 Nov 2009

Sweden's AarhusKarlshamn (AAK) posted a drop in operating profit for the first nine months of the year.

SWEDEN: AAK eyes further cost savings

11 Aug 2009

Sweden's AarhusKarlshamn (AAK) has targeted further annual cost savings, the food ingredients group revealed as it published its second-quarter earnings.

SWEDEN: Insurance claim boosts AAK profit

19 Feb 2009

Sweden's AarhusKarlshamn (AAK), the food ingredients group, has posted a 30% increase in full-year operating profit boosted by an insurance claim in the first quarter.

SWEDEN: AAK upbeat despite Q3 loss

31 Oct 2008

Sweden's AarhusKarlshamn (AAK), the food ingredients group, has posted an operating loss during the third quarter due in part to the impact of restructuring costs.

SWEDEN: AAK acquires Rapsona

5 Sep 2008

AarhusKarlshamn has acquired 100% of the shares in Rapsona, a vegetable oil company supplying food manufacturers and food-service customers.

SWEDEN: AarhusKarlshamn reports robust Q1

22 May 2008

AarhusKarlshamn (AAK), the vegetable fat producer, has reported a jump in first-quarter sales and earnings.

UK: AAK to acquire Lion wet food business

24 Apr 2006

Vegetable oil manufacturer AarhusKarlshamn (AAK) has commenced final negotiations to acquire the wet foods division of Lion Foods for GBP14m. The company said that the purchase would extend AAK’s UK sauces, dressings and marinades business.

DENMARK: AarhusKarlshamn reveals new company structure

7 Oct 2005

Recently formed Danish vegetable oils and fats company AarhusKarlshamn has said it has decided on the organisational structure of the new company.

SWEDEN: BNS gets clearance for Karlshamns, Aarhus United bids

19 Sep 2005

Swedish investment group BNS Industrier said today (Monday) that it had received approval from all the relevant competition authorities for its bids for oils and fats producers Karlshamns AB and Aarhus United A/S.

DENMARK: Food companies in research partnership

14 Jun 2005

A group of Danish danish companies and scientific institutions are joining forces in a new research centre aimed at research and development within the field of healthy and safe foods, dairy group Arla said in a statement.

SWEDEN/NORWAY: Karlshamns opens new sales office in Norway

27 Apr 2005

Swedish vegetable oils and fats producer Karlshamns has announced the opening of a new Norwegian sales office in Oslo.

Does rapeseed oil deserve its poor image?

4 Apr 2005

Faith in the health benefits of a ‘Mediterranean’ diet have made olive oil fashionable, but the health advantages of rapeseed oil are lost on most consumers. It’s actually one of the healthiest of fats, while new developments in plant breeding can help magnify health benefits, as Chris Lyddon reports.

DENMARK: Aarhus United 2004 income sharply higher

8 Mar 2005

Danish vegetable oils maker Aarhus United has reported a sharp rise in operating income in 2004.

SWEDEN: Karlshamns to invest in streamlining measures

17 Dec 2004

Swedish vegetable oils and fats maker Karlshamns has said it plans to invest around SEK60m (US$8.85m) in streamlining measures aimed at improving profits by 2006.

DENMARK: Aarhus United reports Q3 profit growth

26 Nov 2004

Danish vegetable oils maker Aarhus United has reported higher third-quarter net profit, boosted by the strong performance of its domestic unit.

SWEDEN/UK: Karlshamns announces acquisition of Kelanco

3 Sep 2004

Swedish speciality vegetable oils and fats company Karlshamns has announced the acquisition of the UK’s Kelanco Ltd.

DENMARK/USA: Aarhus to change name of US unit

15 Aug 2003

US vegetable oil manufacturer Aarhus Inc has said it expects to change its name soon to Aarhus United USA at an extraordinary general meeting of its Danish parent company Aarhus Oliefabrik.

SWEDEN: Karlshamns posts increase in operating profit for Edible Oils business

19 Oct 2001

Swedish ingredients firm Karlshamns has posted an increase in operating profit at its Edible Oils business to  €12.06m (US$10.86m) for the interim nine-month period between January and September this year. In a statement, Karlshamns said that the European market for fatty acids witnessed a marginal increase in the first nine months of this year, compared to the same period in 2000, and the price level has remained stable. In the US and Asia, however, the market actually decreased by about 10%.

USA/SWITZERLAND: Nestec gets US Patent for soft chocolate coating for ice confectionery

22 Jan 2001

Swiss MNC Nestec was awarded US patent 6174555 for itdinvention "Soft coating for ice confectionery", 16 January. Besides Nestec, others active in this field are Raffinerie Tirlemontoise, Karlshamns Oils & Fats, Kraft Jacobs Suchard, Fuji Oil, Lotte, and Mars Inc. Abstract:

SWEDEN: Karlshamns Expects Considerable Growth Potentials From New EU Regulations

28 Jun 2000

On 25 May the Council confirmed the recommendation previously issued by the European Parliament, to the effect that other vegetable fats may now replace up to 5% of cocoa butter in chocolate products sold within the European Union. This new legislation is a very positive development for Karlshamns AB, as the market for cocoa butter replacers is thereby considerably expanded, says Chairman of the Board Jan Ohlsson from Nordico Invest. Karlshamns is now preparing for the consequences, reviewing how the company's production capacity for speciality fats may be further improved. Harmonisation of the European chocolate standard means that free trade between the member states is now guaranteed, while it is now also possible to replace up to 5% of cocoa butter by other, clearly specified and EU approved, vegetable fats. We have many years of experience of these speciality fats (CBE, Cocoa Butter Equivalents), says Karlshamns' Sales & Marketing Director Johan Sandberg. The new 5% rule is expected to have effects on several other markets as well - such as South America, Asia, Central and Eastern Europe, where similar proposed bills are already being prepared. The majority of the international chocolate and confectionery industries have already realized the advantages of speciality fats, Johan Sandberg continues - technical and economical benefits as well as potential quality improvements. The most important areas of improvement are the shelf life, melting properties, heat resistance and oxidation stability of the chocolate products. On a longer term, this ensures the customer not only a wider freedom of choice and improved quality, but also the lowest possible price. Karlshamns is one of the world's four leading producers of advanced vegetable speciality fats. Karlshamns delivers speciality fats all over the world, and is market leader in Scandinavia and Eastern Europe. The food industry is Karlshamns' major customer segment and Sweden is the single largest market.



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