2024-07-12 10:30:00 ET
Summary
- 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.
Introduction
In my previous articles, I called Acomo ( OTCPK:ACNFF ) a modern version of the East India Company in the Netherlands. Indeed, Acomo is one of the largest trading houses in spices in Europe and thus enjoys a dominant position on the European market. The company has been listed on Euronext Amsterdam since 1908....
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For further details see:
Acomo: Grab A 6.5% Dividend Yield With A Spices And Nuts Trader