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AAK Annual Report 2016

Chairman of the Board: &RQWLQXHGJURZWKDQGGHYHORSPHQW Looking back on yet another inspiring year as Chairman of the Board of AAK, it is with great satisfaction I announce that the company continues to grow – organically and through acquisitions – and to demonstrate its strengths and customer EHQH¿WVZLWKLQWKHZRUOGRIYHJHWDEOHRLOV During the past year AAK has, in close collaboration ZLWKLWVFXVWRPHUVFRQWLQXHGWRGHYHORSLQQRYDWLYHDQG FXVWRPLHGYHJHWDEOHRLOVVROXWLRQVWKDWPHHWVSHFL¿F FXVWRPHUQHHGV7KHGHYHORSPHQWRIVXFKVSHFLDOLW\DQG semi-speciality solutions is really the core of AAK’s expertise, EXLOWXSGXULQJWKHFRPSDQ\¶V\HDUORQJKLVWRU\ 7KHSURVSHFWVIRUWKHIXWXUHFRQWLQXHWRORRNJRRGDQG WKHSURJUHVVPDGHRYHUWKHSDVWWZHOYHPRQWKVLVVWURQJ HYLGHQFHWKDWWKHVWUDWHJLFGLUHFWLRQ$$.KDVFKRVHQ FHUWDLQO\LVWKHULJKWRQHWRIROORZ AAKtion and new company program 7KHHQGRIDOVRPDUNHGWKHHQGRI$$.WLRQWKH FRPSDQ\SURJUDPWKDWKDVJXLGHG$$.RYHUWKHODVWWKUHH \HDUV$FHQWUDOSDUWRI$$.WLRQZDVWRLQYHVWDQGHSDQG LQIDVWJURZLQJPDUNHWV7KHUHIRUHLWKDVEHHQDJUHDWSOHD- sure to witness the completion of the company’s two new VSHFLDOLW\DQGVHPLVSHFLDOLW\IDFWRULHVLQ%UDLODQG&KLQD ,QDGGLWLRQWRWKHVHVWUDWHJLFJUHHQ¿HOGSURMHFWV$$.KDV during the year expanded its footprint in the United States ZLWKDYHU\LQWHUHVWLQJDFTXLVLWLRQLQ&DOLIRUQLDJLYLQJWKH company a nationwide presence in the important American PDUNHW By adding these new platforms for production and increased sales, AAK has reinforced its position as a global PDUNHWOHDGHUZLWKLQVSHFLDOLW\YHJHWDEOHRLOVVROXWLRQV 7RJXLGH$$.LQLWVHIIRUWVJRLQJIRUZDUGDQHZFRPSDQ\ SURJUDP7KH$$.:D\ZDVODXQFKHGLQ-DQXDU\ Building on the strong foundation combined with new focus areas such 0HGLFDO1XWULWLRQDQG3ODQWEDVHGGDLU\7KH$$.:D\ZLOO OHDGWKHFRPSDQ\XSWKURXJK Strong sustainability commitment 7KHSXEOLFGHPDQGIRUDPRUHVXVWDLQDEOHZRUOGKDV VLJQL¿FDQWO\LQFUHDVHGRYHUWKHODVW\HDUVDQGVXVWDLQDELOLW\ KDVIRUPDQ\FRPSDQLHVEHFRPHDFULWLFDOEXVLQHVVDFWLYLW\ 7KLVKDVEHHQWKHFDVHIRU$$.IRUPDQ\\HDUV,WZDV tremendously encouraging to see that trend continue GXULQJ 7KH\HDUVDZVRPHYHU\JRRGGHYHORSPHQWVZLWKLQ$$.¶V SDOPRLOVXVWDLQDELOLW\FRPPLWPHQWVDQGLPSRUWDQWLPSURYH- PHQWVZHUHDOVRPDGHZLWKLQUHVRXUFHHI¿FLHQF\DQGZRUN- SODFHVDIHW\)XUWKHUPRUH$$.¶VSHUVLVWHQWZRUNLQ:HVW $IULFDWRZDUGVDPRUHVXVWDLQDEOHDQGHI¿FLHQWVXSSO\FKDLQ KDVFRQWLQXHGWREHQH¿WKXQGUHGVRIWKRXVDQGVRIORFDO ZRPHQFROOHFWLQJVKHDNHUQHOV$$.ZLOORIFRXUVHPDLQWDLQ this strong CSR focus as the company continues along the SDWKRIEXVLQHVVJURZWK Continued engagement $V\RXDOOSUREDEO\NQRZZLOOEHP\ODVWIXOO\HDU DV&KDLUPDQRIWKH%RDUGRI$$.1HYHUWKHOHVV$$.ZLOO continue to be a core holding of Melker Schörling AB, which demonstrates that our engagement, commitment and belief LQWKHORQJWHUPSHUVSHFWLYHRIWKHFRPSDQ\ZLOOUHPDLQ XQFKDQJHG +DYLQJGHYHORSHGLQWRDWUXO\JOREDOPDUNHWOHDGHULQ its industry, it is with a strong sense of pride and optimism WKDW,ORRNXSRQ$$.¶VFRQWLQXLQJJURZWKDQGGHYHORSPHQW On behalf of my colleagues on the Board of Directors, I would like to thank AAK’s dedicated management team and its hard-working employees around the world for their DFKLHYHPHQWVGXULQJ<RXUJUHDWHIIRUWVKDYHIXUWKHU VWUHQJWKHQHG$$.DQGSXWWKHFRPSDQ\LQDYHU\SURPLVLQJ SRVLWLRQIRUWKHXSFRPLQJ\HDUV Melker Schörling, Chairman of the Board 3 p g JHWDEOHRLOVVROXWLRQV RUZDUGDQHZFRPSDQ\ QFKHGLQ-DQXDU\ that AAKtion has created, uch as Senior Nutrition, GGDLU\7KH$$.:D\ZLOO t VWDLQDEOHZRUOGKDV VW\HDUVDQGVXVWDLQDELOLW\ DFULWLFDOEXVLQHVVDFWLYLW\ RUPDQ\\HDUV,WZDV continue g


AAK Annual Report 2016
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