Acomo reports record results for 2022 with an increase of +13% in sales and +7% in operating profit while substantially reducing net debt
21 February 2023
ACOMO N.V. (Acomo), the Euronext Amsterdam-listed diversified, plant-based food ingredients and products Group, achieved record results with sales (+13%) of €1.4 billion and adjusted EBITDA (+7%) of €108 million for the fiscal year 2022, despite a challenging market environment, inflationary pressures, and geopolitical unrest. Operating cash flow was strong, resulting in substantially reduced net debt leverage ratio of 2.7x per 31 December 2022, down from 3.2x at the end of 2021. Adjusted Earnings Per Share increased to €2.07, an increase of +3% versus 2021.
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