Amsterdam Commodities (‘Acomo’) reports that 2015 is continuing to develop well. Consolidated sales for the first nine months amounted to € 506 million, up 11% on the consolidated sales for the same period in 2014.
Third quarter operational profit was higher than in 2014 Q3 and total net profit for the third quarter also rose compared with last year. Taking the unpredictable market and external developments into account, the Management Board anticipates the Group will realize full year net profit similar to that of 2014.
“Despite uncertain market conditions due to volatile commodity prices and currencies, Acomo companies continue to perform well and our teams are delivering good results. This underlines our knowledge and experience and the robustness of our business model”, said Acomo CEO Erik Rietkerk.
During the third quarter of 2015, a total of 182,125 new Acomo shares were issued as employees exercised their options via the Acomo Share Option Plan. This brings the total number of Acomo shares outstanding to 23,990,826 as today.
The Acomo Supervisory Board and Acomo Management Board
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