Third quarter 2011 Trading Update
Date:
Nov 10, 2011
Current business third quarter 2011
Amsterdam Commodities (Acomo) reports that the activities in the third quarter 2011 continued to develop positively. We saw active trading and high commodity prices. Consolidated sales for the 9 months 2011 until September amounted to € 409 million (HY 2011: € 271.4 M) and also the results remained in line with the favorable trend of the first half year.
All the group activities traded profitably, and especially Catz International achieved a strong quarter. We are positive about the activities and the results for the remainder of the year and for 2011 overall. Management and Supervisory Board confirm their earlier expectation that 2011 will again be a good year for the shareholders of Acomo.
The Supervisory Board and management
Amsterdam Commodities (Acomo) reports that the activities in the third quarter 2011 continued to develop positively. We saw active trading and high commodity prices. Consolidated sales for the 9 months 2011 until September amounted to € 409 million (HY 2011: € 271.4 M) and also the results remained in line with the favorable trend of the first half year.
All the group activities traded profitably, and especially Catz International achieved a strong quarter. We are positive about the activities and the results for the remainder of the year and for 2011 overall. Management and Supervisory Board confirm their earlier expectation that 2011 will again be a good year for the shareholders of Acomo.
The Supervisory Board and management
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