Fourth quarter 2011 trading update
Date:
Feb 16, 2012
New record year for Acomo group
Amsterdam Commodities (Acomo) reports that the performance of the group in the fourth quarter 2011 continued positively and in line with the profitable trend reported before.
Based on the trading results for the fourth quarter 2011, we confirm that 2011 will be a very good year for the group again. Consolidated sales will amount to approximately € 570 million (2010: € 375 million). All activities were profitable. Based on unaudited results, we anticipate the consolidated net profit to exceed the € 26 million mark (2010: € 15.5 million), a new record year for the Acomo Group.
The final audited figures for 2011 will be announced on 15 March 2012 and the annual accounts will be published on our website on 17 April 2012. The Annual Shareholders Meeting will take place on 30 May 2012 in Rotterdam.
The Management and Supervisory Board
Amsterdam Commodities (Acomo) reports that the performance of the group in the fourth quarter 2011 continued positively and in line with the profitable trend reported before.
Based on the trading results for the fourth quarter 2011, we confirm that 2011 will be a very good year for the group again. Consolidated sales will amount to approximately € 570 million (2010: € 375 million). All activities were profitable. Based on unaudited results, we anticipate the consolidated net profit to exceed the € 26 million mark (2010: € 15.5 million), a new record year for the Acomo Group.
The final audited figures for 2011 will be announced on 15 March 2012 and the annual accounts will be published on our website on 17 April 2012. The Annual Shareholders Meeting will take place on 30 May 2012 in Rotterdam.
The Management and Supervisory Board
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