ACOMO N V. : Fundamentalanalyse und Finanzratings ACOMO NL0000313286 MarketScreener

Share price information may be rounded up/down and therefore not entirely accurate. FT is not responsible for any use of content by you outside its scope as stated in the FT Terms & Conditions. Prices of major nuts, including cashews, almonds, macadamias, pecan, hazelnut, and walnut significantly decreased.

S and infrastructure, which focuses on sourcing, trading, and distribution of nuts and dried fruits, represented by Catz International B.V. Operating cash flow was strong, resulting in substantially reduced net debt leverage ratio of 2.7x per 31 December 2022, down from 3.2x at the end of 2021. Adjusted Earnings Per Share increased to €2.07, an increase of +3% versus 2021. Acomo is an international group of companies that sources, trades, treats, processes, packages and distributes conventional and organic food products and ingredients for the global food and beverage industry.

• This will allow Allard Goldschmeding, who joined Acomo as CFO in 2015 and played a very important role in the recent acquisition of Tradin Organic, to focus more on his financial and business development roles as CFO.
• These items impacted both gross profit and operating expenses.
• Although S&P Global Market Intelligence has made every effort to ensure this data is correct, nevertheless no guarantee is given to the accuracy or completeness.
• In Etten-Leur, the Netherlands, Food Ingredients Service Center Europe B.V.

In Etten-Leur, the Netherlands, Food Ingredients Service Center Europe B.V. In Etten-Leur, the Netherlands, and SIGCO Warenhandelsgesellschaft mbH in Hamburg, Germany , King Nuts B.V. In Maasdijk, the Netherlands , Snick EuroIngredients N.V. In Ruddervoorde, Belgium , and The Organic Corporation B.V. In Amsterdam, the Netherlands, and Tradin Organics USA LLC in Scotts Valley, USA . Acomo shares have been traded on Euronext Amsterdam since 1908.

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Demand for pasteurized products benefited from the growing awareness of food safety and the benefits of preventive heat-treatment. The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company’s price per share by its earnings per share. Focuses on trading, processing and distributing food products with nuts as a specialty. Acomo’s trading subsidiaries source and process the raw materials in the production areas and sell them in the consumer markets.

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Tradin’s organic coffee business, Trabocca, continued to generate good margins. Nuts and Dried Fruit was relatively flat for the year overall. Tradin’s Oil business did well in North America and Europe.

As Acomo only provides detailed financial statements every six months, I was looking forward to seeing the company’s full-year results as that allows me to have a closer look at the H2 performance. The company closed a large acquisition about two years ago, and the net debt level is slowly decreasing. Measures how much net income or profit is generated as a percentage of revenue. The Commission reminds the French that the current general French scheme for aid to merchant shipping approved by the Commission extends over three years and can no longer be applied in 1998, contrary to what they have stated. All content on FT.com is for your general information and use only and is not intended to address your particular requirements. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by FT and is not intended to be relied upon by users in making any specific investment or other decisions.

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As you can see above, Acomo reported a total operating cash flow of 72.7M EUR, including a 6.9M EUR investment in the working capital position. That being said, Acomo also owed about 0.8M EUR more in taxes than it has paid, so on an adjusted basis, the operating cash flow came in just below 79M EUR. The reported results include amortization charges of -€5.0 million in 2022 in relation to the Tradin Organic acquisition. Unrealized foreign currency and commodity hedge results are also included in the income statement. These items impacted both gross profit and operating expenses. Unrealized FX and CX hedge results had a negative effect on reported gross profit of -€3.8 million (+€3.6 million in 2021).

Tradin Organic increased business despite economic turmoil, geopolitical instability, and global logistics challenges. The Cocoa business was able to meet the demand at relatively stable margins despite higher energy costs and lower demand end of 2022. The Fruit business realized increased sales and margins in North America and Europe compared to the prior year, driven by increased consumer demand for healthy, sustainable products.

Desiccated coconut prices decreased by more than -20% compared to previous year. In addition to delivering outstanding results, the company amended and extended its main financing agreement on improved terms, increasing the existing revolving credit facility from €345 to €420 million and extending the existing term loan until 2027. The Board of Directors is proud of the performance the teams delivered, supporting our customers and suppliers as reliable partners in the face of significant external challenges. I wrote this article myself, and it expresses my own opinions. I have no business relationship with any company whose stock is mentioned in this article.

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Amidst these difficult market conditions, the North American fruit and herbs business grew and will continue to be a focus area of future growth. She then worked at global food and commodity trading company Cargill for 12 years, and between 2017 and 2020, Fortmann was President of Friesland Campina Ingredients and a member of its Executive Leadership team. She is currently formally employed and in office as President of IFF’s Nourish, a six-billion dollar flavor and food ingredients business. Fortmann graduated in chemical engineering from the University of Tulsa and received her Executive MBA from Washington University. Snick EuroIngredients had another record year due to the introduction of innovative new concepts and solutions.

Acomo (Amsterdam Commodities N.V.) is an international group with as its principal business the sourcing, trading, processing, packaging and distribution of conventional and organic natural food products and ingredients. Our main trading subsidiaries are Catz International B.V. In Rotterdam, the Netherlands , Royal Van Rees Group B.V. In Rotterdam, the Netherlands , Red River Commodities Inc. in Fargo, USA, Red River Global Ingredients Ltd. in Winkler, Canada, Red River- van Eck B.V.

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In the entire financial year, Acomo reported a total revenue of just over 1.4B EUR, resulting in a gross profit of just under 185M EUR. This compares quite well with the results in 2021, and although the margins came under pressure, the gross profit margin of approximately 13% in 2022 was only slightly lower than the 13.5% recorded in FY 2021. Represents the company’s profit divided by the outstanding shares of its common stock.

For this reason we are offering extensive learning and development programmes that focus on operational, business, and leadership excellence. It requires entrepreneurship and increased awareness of the world around us. But above all, it calls for a dedicated and talented workforce that is willing to grow along with the seeds we sow, source and sell. The companies of Acomo trade under their own name and for their own account. To a great extent they operate autonomously under the responsibility of their own management and financial control. The combined product range comprises more than 600 products.

All of Snick’s three pillars showed higher sales and margins driven by their strong performance. During the year, the capacity of the wet blend lines was expanded to meet the increasing demand from customers and ensure delivery of high-quality products. Snick managed to align its innovation capabilities, products, and services very closely with customer and consumer demand for culinary solutions, plant-based products, and alternative protein sources.