AAK AB (publ.)

OM:AAK Stock Report

Market Cap: SEK 82.6b

AAK AB (publ.) Management

Management criteria checks 4/4

AAK AB (publ.)'s CEO is Johan Westman, appointed in May 2018, has a tenure of 6.58 years. total yearly compensation is SEK27.61M, comprised of 39.5% salary and 60.5% bonuses, including company stock and options. directly owns 0.021% of the company’s shares, worth SEK17.19M. The average tenure of the management team and the board of directors is 4.7 years and 4.2 years respectively.

Key information

Johan Westman

Chief executive officer

SEK 27.6m

Total compensation

CEO salary percentage39.5%
CEO tenure6.6yrs
CEO ownership0.02%
Management average tenure4.7yrs
Board average tenure4.2yrs

Recent management updates

Increases to AAK AB (publ.)'s (STO:AAK) CEO Compensation Might Cool off for now

May 02
Increases to AAK AB (publ.)'s (STO:AAK) CEO Compensation Might Cool off for now

Recent updates

Estimating The Fair Value Of AAK AB (publ.) (STO:AAK)

Nov 25
Estimating The Fair Value Of AAK AB (publ.) (STO:AAK)

Unpleasant Surprises Could Be In Store For AAK AB (publ.)'s (STO:AAK) Shares

Nov 10
Unpleasant Surprises Could Be In Store For AAK AB (publ.)'s (STO:AAK) Shares

AAK AB (publ.) (STO:AAK) Just Released Its Third-Quarter Earnings: Here's What Analysts Think

Oct 27
AAK AB (publ.) (STO:AAK) Just Released Its Third-Quarter Earnings: Here's What Analysts Think

Does AAK AB (publ.) (STO:AAK) Deserve A Spot On Your Watchlist?

Oct 14
Does AAK AB (publ.) (STO:AAK) Deserve A Spot On Your Watchlist?

We Think AAK AB (publ.) (STO:AAK) Might Have The DNA Of A Multi-Bagger

Sep 15
We Think AAK AB (publ.) (STO:AAK) Might Have The DNA Of A Multi-Bagger

We Think AAK AB (publ.) (STO:AAK) Can Stay On Top Of Its Debt

Aug 05
We Think AAK AB (publ.) (STO:AAK) Can Stay On Top Of Its Debt

Analysts Have Made A Financial Statement On AAK AB (publ.)'s (STO:AAK) Second-Quarter Report

Jul 21
Analysts Have Made A Financial Statement On AAK AB (publ.)'s (STO:AAK) Second-Quarter Report

Estimating The Fair Value Of AAK AB (publ.) (STO:AAK)

Jul 18
Estimating The Fair Value Of AAK AB (publ.) (STO:AAK)

Some Confidence Is Lacking In AAK AB (publ.)'s (STO:AAK) P/E

Jul 05
Some Confidence Is Lacking In AAK AB (publ.)'s (STO:AAK) P/E

Here's Why AAK AB (publ.) (STO:AAK) Has Caught The Eye Of Investors

Jun 06
Here's Why AAK AB (publ.) (STO:AAK) Has Caught The Eye Of Investors

Investors Will Want AAK AB (publ.)'s (STO:AAK) Growth In ROCE To Persist

May 22
Investors Will Want AAK AB (publ.)'s (STO:AAK) Growth In ROCE To Persist

Increases to AAK AB (publ.)'s (STO:AAK) CEO Compensation Might Cool off for now

May 02
Increases to AAK AB (publ.)'s (STO:AAK) CEO Compensation Might Cool off for now

AAK AB (publ.) (STO:AAK) Will Pay A Larger Dividend Than Last Year At SEK3.70

Apr 26
AAK AB (publ.) (STO:AAK) Will Pay A Larger Dividend Than Last Year At SEK3.70

AAK AB (publ.) (STO:AAK) Seems To Use Debt Quite Sensibly

Apr 13
AAK AB (publ.) (STO:AAK) Seems To Use Debt Quite Sensibly

AAK AB (publ.) (STO:AAK) Is Increasing Its Dividend To SEK3.70

Mar 29
AAK AB (publ.) (STO:AAK) Is Increasing Its Dividend To SEK3.70

Unpleasant Surprises Could Be In Store For AAK AB (publ.)'s (STO:AAK) Shares

Mar 25
Unpleasant Surprises Could Be In Store For AAK AB (publ.)'s (STO:AAK) Shares

Estimating The Fair Value Of AAK AB (publ.) (STO:AAK)

Mar 12
Estimating The Fair Value Of AAK AB (publ.) (STO:AAK)

AAK AB (publ.) (STO:AAK) Is Increasing Its Dividend To SEK3.70

Feb 27
AAK AB (publ.) (STO:AAK) Is Increasing Its Dividend To SEK3.70

AAK AB (publ.) Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Feb 10
AAK AB (publ.) Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Is AAK AB (publ.) (STO:AAK) Using Too Much Debt?

Jan 09
Is AAK AB (publ.) (STO:AAK) Using Too Much Debt?

CEO Compensation Analysis

How has Johan Westman's remuneration changed compared to AAK AB (publ.)'s earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

SEK 3b

Jun 30 2024n/an/a

SEK 3b

Mar 31 2024n/an/a

SEK 3b

Dec 31 2023SEK 28mSEK 11m

SEK 3b

Sep 30 2023n/an/a

SEK 3b

Jun 30 2023n/an/a

SEK 2b

Mar 31 2023n/an/a

SEK 2b

Dec 31 2022SEK 29mSEK 11m

SEK 2b

Sep 30 2022n/an/a

SEK 2b

Jun 30 2022n/an/a

SEK 2b

Mar 31 2022n/an/a

SEK 2b

Dec 31 2021SEK 22mSEK 9m

SEK 1b

Sep 30 2021n/an/a

SEK 1b

Jun 30 2021n/an/a

SEK 1b

Mar 31 2021n/an/a

SEK 2b

Dec 31 2020SEK 15mSEK 9m

SEK 2b

Sep 30 2020n/an/a

SEK 2b

Jun 30 2020n/an/a

SEK 1b

Mar 31 2020n/an/a

SEK 2b

Dec 31 2019SEK 19mSEK 8m

SEK 1b

Sep 30 2019n/an/a

SEK 1b

Jun 30 2019n/an/a

SEK 1b

Mar 31 2019n/an/a

SEK 1b

Dec 31 2018SEK 14mSEK 6m

SEK 1b

Compensation vs Market: Johan's total compensation ($USD2.51M) is about average for companies of similar size in the Swedish market ($USD2.11M).

Compensation vs Earnings: Johan's compensation has been consistent with company performance over the past year.

CEO

Johan Westman (51 yo)

6.6yrs

Tenure

SEK 27,611,156

Compensation

Mr. Johan Westman has been the President and Chief Executive Officer of AAK AB (publ.) since May 2, 2018. He is Independent Director of Thule Group AB (publ) from April 26, 2022. Mr. Westman joined AAK AB...

Leadership Team

NamePositionTenureCompensationOwnership
Johan Westman
President & CEO6.6yrsSEK 27.61m0.021%
SEK 17.2m
Tomas Bergendahl
VP & CFO3.6yrsno datano data
David Smith
President of Global Operations & VPno datano datano data
Carl Ahlgren
Head of IRno datano datano data
Octavio de Leon
President of AAK Americas & VPno datano data0.092%
SEK 76.4m
Tim Stephenson
President of Global Sourcingno datano datano data
Sten Estrup
President of AAK AMEA & Global People and VP4.7yrsno datano data
Susanne Jaspers
President of AAK Europe & Strategic Accounts and VP2.8yrsno data0.00058%
SEK 479.3k
Mikael Ekdahl
Secretary of the Board6.6yrsSEK 900.00kno data
Niall Sands
President of Commercial Developmentno datano datano data
Patrik Winquist
Group Controllerno datano datano data

4.7yrs

Average Tenure

56yo

Average Age

Experienced Management: AAK's management team is considered experienced (4.7 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Fabienne Saadane-Oaks
Independent Director1.6yrsSEK 440.00kno data
Nils-Johan Andersson
Director1.6yrsSEK 690.00k0.00062%
SEK 512.4k
Patrik Andersson
Independent Chairman5.6yrsSEK 988.50k0.0014%
SEK 1.2m
Marta Andreen
Director11.6yrsSEK 615.00kno data
Ian Roberts
Independent Director1.6yrsSEK 440.00kno data
Annica Edvardsson
Deputy Director7.6yrsno datano data
Lena Nilsson
Employee Representative Director6.9yrsno datano data
Mikael Myhre
Deputy Directorno datano datano data
David Alfredsson
Employee Representative Director2.8yrsno datano data

4.2yrs

Average Tenure

61yo

Average Age

Experienced Board: AAK's board of directors are considered experienced (4.2 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/27 01:41
End of Day Share Price 2024/12/27 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

AAK AB (publ.) is covered by 17 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Casper BlomABG Sundal Collier
Setu ShardaBarclays
Alexander SloaneBarclays