Acomo, a Dutch small-cap, saw strong performance in 2024 with net profit reaching €45.1 million and a proposed full-year dividend of €1.25 per share. Share price surged 9.95% post-earnings release and the stock is offering now again a 6% dividend yield. Acquisition of Delinuts Nordics added €11 million to revenue, and a court ruling in July 2024 saved Acomo €55 million in claims.
Acomo Group N.V. is a Dutch company operating in five segments to provide global key services along the food and beverage ingredients supply chain. The company operates in an interesting niche sector with strong tailwinds as plant-based food diets are on the rise. After a bad 2023, ACNFF is focused on returning its organic ingredients division to full performance. The group needs to deleverage and improve the division's margins to continue expanding.
Acomo is a dominant trading house in spices in Europe, listed on Euronext Amsterdam with a market cap of 525M EUR. Financial performance in 2023 saw a decrease in profit, with net profit of 39.7M EUR and EPS of 1.34 EUR per share. Acomo pursues bolt-on acquisitions, recently agreeing to acquire a business in the spices and nuts segment to expand geographically and strengthen profitability.
| Consumer Staples Distribution & Retail Industry | Consumer Staples Sector | Bruce Wiebe CEO | OTC GREY Exchange | NL0000313286 ISIN |
| Netherlands Country | 1,130 Employees | 29 Apr 2025 Last Dividend | - Last Split | - IPO Date |
Acomo N.V. is a pivotal player in the global food and beverage industry, primarily focused on the sourcing, trading, processing, packaging, and distributing of both conventional and organic food ingredients and solutions. The company boasts a broad international presence, operating not only in its home base of the Netherlands but also across other European countries, North America, and various international markets. Through its diverse operational segments, Acomo N.V. caters to a wide range of industry needs, from spices and nuts to edible seeds, organic ingredients, tea, and comprehensive food solutions. Originally known as Amsterdam Commodities N.V., the company underwent a rebranding to Acomo N.V. in June 2022. Having been established in 1908, Acomo N.V. has a long-standing history and expertise in the food industry, with its headquarters situated in Rotterdam, the Netherlands.