News
12 February 2015
In 2014, consolidated sales of Amsterdam Commodities N.V. (‘Acomo’) increased by 5.9% to € 619 million (2013: € 584 million). The total gross margin increased by 10.8% due to a.o. higher price levels of larger product groups. Net profit 2014 reached € 33.1 million, significantly above the 2013 net profit record year (2013: € 27.4 million, + 20.7%)....
23 October 2014
Amsterdam Commodities N.V. (‘Acomo’) reports that the year 2014 continues to develop well. In the third quarter of 2014 (hereafter called ‘Q3 2014’), consolidated sales were 7.6% higher than in Q3 2013, resulting in an increase of consolidated sales in the first nine months of 2014 by 3.2% to € 455.8 million (first nine months of 2013:...
28 August 2014
On 19 August 2014, the Bundeskartellamt (BKA) has approved the 100% acquisition of Germany based SIGCO Warenhandel GmbH (‘SIGCO’). Meanwhile the acquisition has formally been closed. SIGCO, based in Hamburg (Germany) is mainly active in the German market in the trade and distribution of edible seeds such as poppy seeds, sesame seeds and pumpkin seeds. By means of this...
31 July 2014
Amsterdam Commodities N.V. (‘Acomo’ or the ‘Company’), the trading group listed at Euronext Amsterdam active in spices and nuts, food ingredients, tea and edible seeds, recorded consolidated sales of € 306.4 million in the first half of 2014 (‘HY 2014’) compared to € 302.9 million in the first half of 2013 (‘HY 2013’), an increase by 1.1%. Net...
11 July 2014
Amsterdam Commodities N.V. (‘Acomo’), listed on Euronext Amsterdam, trading in spices, tea, edible seeds, nuts and food ingredients has reached and signed an agreement on the 100% acquisition of SIGCO Warenhandel GmbH (‘SIGCO’), based in Hamburg (Germany). Download press release (UK) Download press release (NL)
24 April 2014
Amsterdam Commodities N.V. reports that sales in the first quarter of 2014 were at similar levels as in the same quarter of 2013 and slightly above the fourth quarter of 2013. The Group achieved total net results which were above the net results in the first quarter of 2013. The directions of various markets have...
19 February 2014
In 2013, consolidated sales of Amsterdam Commodities N.V. (‘Acomo’) decreased by 1.5% to € 584 million (2012: € 593 million). Net profit reached € 27.4 million, slightly above the 2012 record year (2012: € 27.0 million, + 1.3%). Catz International, Red River Commodities and Food Ingredients continued to perform strongly notwithstanding challenging economical and trading circumstances while Tea...
7 February 2014
Amsterdam Commodities N.V. (‘Acomo’) has signed new bank facilities for a total of € 250 million. The facilities will be utilized for working capital financing including acquisitions. The facilities replace existing credit facilities which would have matured in the years 2014 until 2017. The conditions of the new facilities reflect Acomo’s sound credit fundamentals. The facilities have a three...