Business area Food Ingredients
Food Ingredients is our largest business area and primarily offers solutions to the bakery, dairy, special nutrition,
and foodservice industries. The business area reported strong organic growth in 2017 and we are gaining market
shares. There was a particularly high growth in speciality and semi-speciality solutions. The picture between the
different segments was mixed with Dairy and Special Nutrition showing good organic growth while Bakery had a
more challenging year.
2013 2014 2015 2016 2017
Volumes, thousand tons 1,049 1,117 1,258 1,325 1,447
Net sales, SEK million 10,798 11,509 13,556 14,707 17,665
Operating profit, SEK million 771 803 903 996 1,107
Operating profit per kilo, SEK 0.73 0.72 0.72 0.75 0.77
2SHUDWLQJSUR¿WSHUNLOR
(SEK)
0.80
0.70
0.72
0.60
0.50
0.40
0.30
0.20
0.10
0.00
2014
0.73
2013 2015
2016 2017
0.72
0.75 0.77
Volumes (68% of Group total)
(Thousand tons)
1,600
1,400
1,200
1,000
800
600
400
200
0
1,117
2014
1,049
2013 2015
2016 2017
1,258
1,325
1,447
2SHUDWLQJSUR¿WRI*URXSWRWDO
(SEK million)
1,200
1,000
800
600
400
200
0
803
2014
771
2013 2015
2016 2017
903
996
1,107
12