Today, ACOMO N.V. (Acomo), the Euronext Amsterdam-listed diversified, plant-based food ingredients Group, reports
Q3 2025 sales of €357.3 million, an increase of +6% compared to last year, resulting in a YTD growth of +11%. On
a constant currency basis, Q3 sales were up +10% and YTD +13%. The business in Europe is growing by double
digits helped by higher market prices and relatively stable market dynamics. The market environment in the US
remains challenging.
“It is a great achievement that the Group’s Q3 2025 sales increased by +6% versus last year’s strong performance. Our
Spices and Nuts, our Organic Ingredients and our Food Solutions businesses achieved record Q3 sales supported by good
price levels. Where our Tea business performed in line with prior year, our Edible Seeds business in the US faced challenging
market circumstances with top-line and margin pressure in addition to the weakened US dollar. In the short term these
challenges will remain, however we are fully focused on regaining momentum as we have the building blocks in place. As
highlighted earlier in investor calls, H2 2024 and H1 2025 were exceptionally strong, and we anticipated performance to
gradually return to be more balanced between the quarters. Our fundamentals remain robust and our long-term mission
continues to be 'building routes to healthier foods'. Testament to our strategy is the latest acquisition of Manuzzi, a
well-known nuts and dried fruits company in Italy”, said Acomo CEO Allard Goldschmeding.
Revenue Development
Quarter 3 Year-to-date Quarter 3
(in € millions) 2025 2024 Change vs
Q3 2024 2025 2024 Change vs
YTD 2024
Spices and Nuts 126.3 115.8 +9% 392.9 345.4 +14%
Edible Seeds 49.2 59.0 -17% 173.4 193.0 -10%
Organic Ingredients 148.1 127.2 +16% 451.1 355.2 +27%
Tea 28.9 28.9 +0% 83.0 95.1 -13%
Food Solutions 6.3 5.3 +19% 19.2 17.1 +12%
Holding and Intra Group (1.6) (0.7) (3.8) (2.1)
Total Acomo 357.3 335.6 +6% 1,115.8 1,003.8 +11%
• Spices and Nuts showed a +9% sales increase in Q3 supported by higher market prices for key products and the
business acquired in the Nordics in August 2024. All companies in this segment contributed to the sales growth.
• On a reported basis Edible Seeds sales decreased by -17% in Q3, of which -5% is due to foreign currency
translation. The decline was driven by lower volumes, reflecting subdued retail foot traffic, weaker sunflower prices,
and U.S. market uncertainty amid tariffs and challenging macroeconomic conditions.
• Organic Ingredients posted a +16% sales increase driven by strong performance across the various product groups
and positive cocoa market conditions. Q3 as well as YTD volumes in both Europe and North America are above last
year, underscoring the strength of the segment's organic sourcing capabilities and market positioning.
• On a reported basis Tea Q3 sales were flat versus last year. Excluding the impact of foreign currency translation,
Q3 sales increased by +6%. Market conditions remain competitive and increasingly fragmented, but demand for
value-added blends develops positively.
• Food Solutions continued its upward trajectory with a growth of +19% in Q3, benefiting from increased production
capacity at the new facility in Oostende (Belgium). Strong demand for both wet and dry blends resulted in double-
digit growth in sales volume and revenue, highlighting the growing importance of tailored ingredient solutions in
the market.
PRESS RELEASE TRADING UPDATE Q3 2025
ROTTERDAM (NL), 23 OCTOBER 2025 2
Other key highlights:
• On 6 October 2025 the acquisition of Manuzzi S.r.l. (nuts and dried fruits) in Italy was announced. This acquisition
aligns perfectly with the strategy laid out at the Capital Markets Day earlier this year. Closing is expected in
Q4 2025.
• Joe Driscoll has been appointed as President and CEO of Red River Commodities per 29 September 2025. Joe is a
seasoned CEO and business leader with an entrepreneurial drive and proven track record.
• In the beginning of October the new Acomo website was launched (www.acomo.nl) clearly positioning the company
as a leading plant-based ingredients company and explaining the value-added services we provide to customer
and suppliers.
Outlook 2025
Acomo is well-positioned to deliver a strong full-year performance. While the pace of growth in Q4 is expected
to moderate compared to the exceptional results of H2 2024, the company’s diversified portfolio, global sourcing
capabilities, and strong customer relationships provide a solid foundation for continued progress. The market
environment in the United States continues to be characterized by uncertainty around tariffs and unfavorable market
price developments. Acomo remains committed to executing its long-term strategy and creating sustainable value for
all stakeholders.
Financial calendar 2026
5 March Press release FY 2025 results (pre-market)
5 March Annual Report 2025
24 April Annual General Meeting
24 April Q1 2026 Trading update (pre-market