Acomo more than doubles operating results in 2021 with strong performance in all segments and successful integration of Tradin Organic. The board proposes dividend of €0.60 per share.
22 February 2022

Acomo (Amsterdam Commodities N.V.), the Euronext Amsterdam-listed natural, plant-based food products and ingredients Group achieved very strong results with an EBITDA increase of +110% to €105 million for the fiscal year 2021. The Group, with operating segments specialized in spices and nuts, edible seeds, organic ingredients, tea, and food ingredients, effectively navigated supply chain disruptions, COVID-19 lockdowns, and cost inflation. Existing businesses, as well as the newly acquired Tradin Organic, contributed to the growth of the Group. Sales increased by +77% to €1.3 billion, while overall margin of 13.6% was in line with previous year. Adjusted Net Profit was €62.1 million, resulting in an adjusted Earnings Per Share of €2.10 which represents an increase of +93% versus 2020.

 

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