AAK AB (publ.) (ARHUF) Set to Announce Earnings on Friday

AAK AB (publ.) (OTCMKTS:ARHUF) will likely be announcing its results before the market opens on Friday, October 23rd. Analysts expect AAK AB (publ.) to announce earnings of $0.3409 per share and revenue of $1.20 billion for the quarter.

AAK AB (publ.) Stock Performance

ARHUF opened at $18.92 on Wednesday. The business has a 50 day moving average price of $19.72 and a 200 day moving average price of $23.20. AAK AB has a twelve month low of $18.92 and a twelve month high of $28.30.

AAK AB (publ.) Company Profile

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.