Today, ACOMO N.V. (Acomo), the Euronext Amsterdam-listed diversified, plant-based food ingredients Group, reports
H1 2024 results with sales of €668 million (equal to H1 2023) and an EBITDA of €41.2 million (H1 2023: €45.3 million).
The Spices and Nuts segment performed very strongly across the board with an EBITDA growth of +20%. As already
announced in the Group strategy update in April 2024 the extreme cocoa market price developments materially
impacted the performance of the Organic Ingredients segment in H1. Edible Seeds saw lower results in North America
due to a lower demand for bird feed and reduced export sales to Europe, whereas Tea and Food Solutions results were
similar to H1 2023.
Working capital slightly increased versus 31 December 2023 and the balance sheet position remains strong with a solvency ratio of 53.7%.
The company set the interim dividend at € 0.40 per share in line with last year.
Download full press release:
https://www.acomo.nl/wp-content/uploads/2024/07/240723-Press-release-Acomo-Half-year-Figures-H1-2024_EN_FINAL.pdf
Working capital slightly increased versus 31 December 2023 and the balance sheet position remains strong with a solvency ratio of 53.7%.
The company set the interim dividend at € 0.40 per share in line with last year.
Download full press release:
https://www.acomo.nl/wp-content/uploads/2024/07/240723-Press-release-Acomo-Half-year-Figures-H1-2024_EN_FINAL.pdf
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