2010 Acomo profits increase 47% to € 15.5 million: Acquisitions and excellent trading boost Acomo results
Date:
Mar 17, 2011
2010 consolidated sales more than doubled to € 375 million (2009: € 164.5 million) and net profits, after one-off charges of acquisition and divestment activities, reached € 15.5 million (2009: € 10.5 million, +47%). These figures reflect the important acquisitions in 2010, in addition to the strong performance of the traditional trading activities of the group in spices, dried fruit and nuts. Commodity markets have been very bullish, generating high activity and positive trading opportunities. All group trading companies have benefitted from these trends, and especially Acomo’s star performer Catz International, that has achieved new record results.
