ACOMO N.V. 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 results
- Adjusted Gross Profit margin increased to 13.6% versus 12.9% YTD 2022
- Adjusted EBITDA of €74.6 million versus €86.9 million YTD 2022
- Strong cash flow generation of €126.3 versus €62.7 YTD 2022
- Full Year 2023 forecasted adjusted EBITDA in range of €87 million to €92 million
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ACOMO - Amsterdam Commodities NV published this content on 21 November 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 November 2023 18:05:20 UTC.
