Swiss ingredients firm AAK has booked an increase in sales and earnings on the back of an “extraordinary” performance from its food ingredients unit.
The company said today (7 February) that full-year sales rose to SEC16.9bn, an increase of 1% on 2011. Higher sales from the firm’s food ingredients division offset weakness in its chocolate and confectionery fats segment, the group revealed.
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Operating profit for the 12 month period rose 9% to SEC1bn, adjusted for the impact of Hurricane Sandy, which disrupted operations at the firm’s two New Jersey plants.
