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.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

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.

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now