Netherlands · Delayed Price · Currency is EUR Acomo Earnings Call Transcripts
Fiscal Year 2025
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Record sales and profit growth in 2025, led by Spices and Nuts, Organic Ingredients, and Food Solutions, while Edible Seeds faced challenges but is expected to recover in 2026. Working capital and leverage are set to decline as cocoa prices normalize.
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Record H1 2025 sales and profit driven by strong performance in spices, nuts, and organic ingredients, despite volatility from commodity prices and tariffs. Working capital rose with higher input costs, but the balance sheet and leverage remain strong.
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Ambitious midterm targets include €2 billion in sales, a 9% EBITDA margin, and a leverage ratio below 2.5x, driven by organic growth and acquisitions. The group leverages a diversified, specialty ingredients portfolio, resilient supply chains, and value-adding capabilities, while maintaining a strong balance sheet and attractive dividends.
Fiscal Year 2024
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Record 2024 results with 8% sales and 18% adjusted EBITDA growth, led by strong H2 recovery and segment expansion. Spices and nuts, organic ingredients, and tea drove gains, while edible seeds faced headwinds. Dividend of EUR 1.25 proposed.
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H1 2024 saw robust growth in spices and nuts, offset by significant volatility and losses in the organic cocoa segment, resulting in a 9% year-over-year EBITDA decline. Strategic acquisitions and capacity expansions are underway, with a stable interim dividend and strong solvency maintained.