27 27
2014 2015 2016 2017 2018
Volumes, thousand tons 268 263 274 278 301
Net sales, SEK million 1,324 1,243 1,233 1,417 1,513
Operating profit, SEK million 89 88 100 84 155
Operating profit per kilo, SEK 0.33 0.33 0.36 0.30 0.51
Tefac – industrial applications
AAK’s business for industrial applications, Tefac, has
developed well over 2018, delivering strong growth.
This is mainly due to a continued improved product mix
within the fatty acids business.
Solutions
AAK offers fatty acids and glycerine that are produced
by splitting the fat molecule and refining the outcome
into value-adding solutions for various technical
products.
Trends
Over 2018, we have seen an increase in demand for
high-end products and sustainable products.
New products
To ensure we can offer a complete product portfolio, we
have developed a new product range for candle wax
applications, which is proving very popular among new
and existing customers.
Future growth
AAK has historically provided a wide range of products
for candle applications. With our newly expanded
product portfolio for candle wax applications, we
will focus on developing further opportunities in the
European
market.
Volumes
(13% of Group total)
(Thousand tons)
2014 2015 2016 2017 2018
350
300
250
200
150
100
50
0
301
278
274
263
268
Operating profit
(7% of Group total)
(SEK million)
2014 2015 2016 2017 2018
160
120
80
40
0
155
84
100
88
89
Operating profit per kilo
(SEK)
2014 2015 2016 2017 2018
0.60
0.50
0.40
0.30
0.20
0.10
0.00
0.51
0.30
0.36
0.33
0.33