Key Developments: AAK publ AB (AAK.ST)

AAK.ST on Stockholm Stock Exchange

410.50SEK
21 Aug 2014
Price Change (% chg)

1.50kr (+0.37%)
Prev Close
409.00kr
Open
409.00kr
Day's High
410.60kr
Day's Low
409.00kr
Volume
1,179
Avg. Vol
33,297
52-wk High
450.00kr
52-wk Low
360.50kr

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Latest Key Developments (Source: Significant Developments)

AarhusKarlshamn publ AB Opens Innovation Center in Shanghai
Tuesday, 8 Oct 2013 02:30am EDT 

AarhusKarlshamn publ AB announced that the Company is establishing a center in Shanghai, China, to support the execution of the AAK Acceleration program. The Innovation Center will give customers the possibility to work closely with AAK's Customer Innovation team when developing new products and solutions. The new facility will have primary focus on Chocolate & Confectionery, Bakery and Dairy solutions. The Innovation Center will also offer training at the industry renowned AAK Academies.  Full Article

Aarhuskarlshamn AB Announces Acquisition Of Unipro
Friday, 26 Jul 2013 02:40am EDT 

Aarhuskarlshamn AB announced that it has acquired Unipro from Unilever. Unipro is a supplier of oils and fats to the Industrial and Bakery markets in Turkey and the surrounding region. The acquisition of Unipro includes ten established brands, a core management and sales organization, all related know-how and the Unipro company name for Bakery and Industrial fats. In connection with the acquisition, AAK has entered a 5 years toll manufacturing agreement with Unilever relating to the supply of Unipro products.  Full Article

Aarhuskarlshamn AB Announces Details on FY 2012 Dividend
Monday, 25 Mar 2013 05:00am EDT 

Aarhuskarlshamn AB announced that its Board of Directors has proposed that a dividend of SEK 5.25 per share be declared for the financial year 2012. As record day for the dividend, the Board of Directors proposes May 8, 2013. If the Annual General Meeting resolves in accordance with the proposal, the dividend is expected to be distributed by Euroclear Sweden AB on May 14, 2013.  Full Article

Aarhuskarlshamn AB Proposes FY 2012 Dividend of SEK 5.25 per Share
Thursday, 7 Feb 2013 02:15am EST 

Aarhuskarlshamn AB announced that it proposes fiscal year 2012 dividend of SEK 5.25 per share. For fiscal year 2011, the Company paid a dividend of SEK 4.75 per share.  Full Article

Aarhuskarlshamn AB Announces Hurricane Sandy Temporarily Interrupts Production at Plants in New Jersey
Wednesday, 31 Oct 2012 12:15pm EDT 

Aarhuskarlshamn AB (AAK) announced that its plant in Port Newark has been temporarily shut down since October 29, 2012 due to the Hurricane Sandy. As a result of the severe weather conditions the plant has no supply of electricity and parts of the plant are flooded. No employees have been injured. AAK’s initial assessment is that there is no damage to the plant however production needs to be closed for a short period in order to restore the site. The Company is working to limit the effects of the standstill and to resume full production as soon as possible. Production at the Oasis Foods plant has also been temporarily interrupted since October 29, 2012 as the plant has no supply of electricity. Minor parts of the site are water damaged. As soon as electricity has returned to the plant AAK expects production to be resumed within days. No employees have been injured. AAK will conduct a thorough evaluation as soon as the authorities allow further access to the currently restricted area in Port Newark. The Company expects to publish further information on the situation and on potential related costs when releasing the third quarter 2012 Interim report on November 7, 2012. AAK has insurance cover for the business interruption.  Full Article

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