AAK AB (publ.) (ARHUF) Expected to Release Earnings on Friday

by · The Cerbat Gem

AAK AB (publ.) (OTCMKTS:ARHUF – Get Free Report) is expected to announce its results before the market opens on Friday, October 23rd. Analysts expect the company to post earnings of $0.3409 per share and revenue of $1.20 billion for the quarter.

AAK AB (publ.) Price Performance

ARHUF opened at $18.92 on Thursday. AAK AB has a 12-month low of $18.92 and a 12-month high of $28.30. The firm’s fifty day moving average price is $19.69 and its 200 day moving average price is $23.15.

About AAK AB (publ.)

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AAK AB (publ.) is a Sweden-based manufacturer of value-adding vegetable fats and oils. The company develops and produces specialty ingredients used by food manufacturers, consumer goods companies and other industrial customers.

Its products support applications including chocolate and confectionery, bakery, dairy and plant-based foods, infant nutrition, and foodservice. AAK also supplies vegetable-based ingredients for personal care and other technical applications, with solutions designed to provide texture, stability, nutrition and sensory characteristics.

The company traces its history to the 19th century and adopted the AAK name after the combination of Aarhus United and Karlshamns in 2005.

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