Category: News
20 February 2024
ACOMO N.V., the Euronext Amsterdam-listed diversified, plant-based food ingredients Group, proposes to appoint current CFO Allard Goldschmeding as the new Chief Executive Officer (CEO). He has been the acting CEO of the Group since 1 November 2023, combining the role with his position as CFO. Download full press release here
20 February 2024
Today, ACOMO N.V. (Acomo), the Euronext Amsterdam-listed diversified, plant-based food ingredients Group, reports full-year 2023 results with sales of €1.3 billion (2022: €1.4 billion) and an adjusted EBITDA of €92 million in line with earlier provided guidance for 2023 (2022: €108 million). Spices and Nuts, Edible Seeds, and Food Solutions delivered a sustained strong performance,...
21 November 2023
Today, ACOMO N.V., the Euronext Amsterdam-listed natural food products and ingredients Group, reported results for the first ten months of 2023, up to 31 October. Key highlights year-to-date (YTD): Losses on cocoa futures and difficult consumer environment for Organic Ingredients negatively impacting Group results YTD Other divisions in the Group are trading well with solid...
27 October 2023
ACOMO N.V., the Euronext Amsterdam-listed natural food products and ingredients Group, reports that Chief Executive Officer (CEO), Kathy L. Fortmann, will leave the company effective 1 November 2023. Current CFO, Allard Goldschmeding, will take over her duties and responsibilities. Ms. Fortmann who joined Acomo as CEO in September 2021, has decided to step down from...
25 July 2023
Today, ACOMO N.V., the Euronext Amsterdam-listed natural food products and ingredients Group, reports H1 2023 results and sets the interim dividend at €0.40 per share. Performance highlights: • Reported EBITDA of €45.3 million versus €56.1 million in H1 2022; negative cocoa hedging results accounted for the majority of the decrease in the Group’s EBITDA. •...
10 March 2023
Today Acomo published its 2022 annual report, which includes full details on the company’s 2022 results. The 2022 annual report can be downloaded at https://www.acomo.nl/investor-publications/. A printed edition will be available in the coming weeks. Our Annual General Meeting of Shareholders will be held on Friday 21 of April 2023. More information can be found on...
21 February 2023
ACOMO N.V. (Acomo), the Euronext Amsterdam-listed diversified, plant-based food ingredients and products Group, achieved record results with sales (+13%) of €1.4 billion and adjusted EBITDA (+7%) of €108 million for the fiscal year 2022, despite a challenging market environment, inflationary pressures, and geopolitical unrest. Operating cash flow was strong, resulting in substantially reduced net debt...
7 February 2023
Today, ACOMO N.V. (‘Acomo’), the Euronext Amsterdam-listed natural food products and ingredients Group, announces that a claim has been filed with the Dutch court against Tradin Organic Agriculture B.V., one of its subsidiaries. The supplier is seeking damages in relation to a terminated business for the supply of organic products. Based upon thorough legal analysis...
22 December 2022
Today, ACOMO N.V. (‘Acomo’), the Euronext Amsterdam-listed natural food products and ingredients Group, announced that it has amended & extended its main financing agreement with improved terms and conditions. The existing revolving credit facility (RCF) increased from €345 million to €420 million, including an accordion option of €100 million. The updated working capital facilities have...
26 July 2022
Today, ACOMO N.V., the Euronext Amsterdam-listed natural food products and ingredients Group, reports an increased EBITDA by +5% to €56.1 million for the first six months of 2022 versus prior year. Earnings per share increased by +8% to €1.05. This strong result was achieved in turbulent market circumstances fueled by geopolitical events, continued COVID-19 lockdown...