ROTTERDAM (NL), 25 APRIL 2025
Today, ACOMO N.V. (Acomo), the Euronext Amsterdam-listed diversified, plant-based food ingredients Group, reports
Q1 2025 sales of €388.8 million (Q1 2024: €335.8 million), an increase of 16% compared to last year. The growth was
mainly driven by Organic Ingredients, followed by Spices & Nuts.
“Acomo had a strong start with record sales in the first quarter. The recently announced import tariff measures by the US
administration and countermeasures by other nations have increased uncertainty in the macro business environment. The
stability and reliability that Acomo offers to suppliers and customers is even more of an asset in these challenging market
conditions. Our proven track record in navigating volatility positions us well to adapt to shifting global dynamics. We remain
focused on delivering value to our stakeholders”, said CEO Allard Goldschmeding.
Revenue Development
(in € millions) Q1-2025 Q1-2024 % Change
Spices and Nuts 134.8 119.9 +12%
Edible Seeds 67.7 64.4 +5%
Organic Ingredients 151.7 110.2 +38%
Tea 29.4 35.9 -18%
Food Solutions 6.4 6.0 +6%
Holding and Intra Group (1.2) (0.7)
388.8 335.8 +16%
• Spices and Nuts showed a +12% sales increase in Q1, driven by higher market prices and the business in the
Nordics acquired in August 2024. All companies in this segment contributed to the strong quarterly results.
• Edible Seeds improved sales by +5%. The North American business saw higher Q1 sales driven by the Wildlife,
SunButter™ and contract manufacturing businesses.
• Organic Ingredients realized strong double-digit sales volume growth in Q1, resulting in a record quarterly sales
performance for the segment. Sales revenue improved by +38%, partly driven by higher cocoa prices as well as
strong performances by the other desks.
• Tea sales declined by -18% in Q1 due to challenging market circumstances. On a positive note, the tea business
continues to experience growing demand for tea blends.
• Food Solutions achieved higher sales volumes in Q1 for the attractive dry and wet blends business as well as in the
distribution business. Sales for the first three months of 2025 were up +6%.
Other key highlights:
• Robin Lavooij, previously Managing Director of Van Rees North America, has been appointed as Managing Director
of Van Rees Group per 1 April 2025. Robin has a long history within Van Rees and brings a wealth of experience in
the Tea industry.
• Acomo held its first Capital Markets Day on 7 April 2025, at which management presented the Group’s growth
objectives and business and financial strategy based on its mission “building routes to healthier foods”.
• A new facility in Oostende (Belgium), enhancing the production capacity of the Food Solutions segment, is
now operational.
Building routes
to healthier foodsACOMO PRESS RELEASE TRADING UPDATE Q1 2025
ROTTERDAM (NL), 25 APRIL 2025 2
Outlook 2025
The Acomo Group is well-positioned for sustainable growth, driven by our relevant and diversified plant-based product
portfolio in combination with our capabilities to navigate turbulent market circumstances. Given the nature of the
Group’s activities, we cannot forecast market developments. However, we are confident that our people will continue to
do their utmost to generate the best possible results for our shareholders.
Financial calendar
29 April Ex-dividend date (final dividend 2024)
30 April Final dividend record date
7 May Final dividend payment date
24 July Press Release H1 2025 results
24 July Investor call H1 2025 results
23 October Trading Update Q3 2025