News
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...