- Food and Staples Retail
Acomo Full Year 2022 Earnings: Beats Expectations
Acomo (AMS:ACOMO) Full Year 2022 Results
Key Financial Results
- Revenue: €1.42b (up 13% from FY 2021).
- Net income: €54.7m (up 1.3% from FY 2021).
- Profit margin: 3.8% (down from 4.3% in FY 2021). The decrease in margin was driven by higher expenses.
- EPS: €1.85 (up from €1.82 in FY 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Acomo Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 25%. Earnings per share (EPS) also surpassed analyst estimates by 18%.
Looking ahead, revenue is forecast to grow 1.1% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Consumer Retailing industry in Europe.
Performance of the market in the Netherlands.
The company's shares are down 3.3% from a week ago.
It is worth noting though that we have found 2 warning signs for Acomo that you need to take into consideration.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Acomo N.V., together with its subsidiaries, engages in sourcing, trading, processing, packaging, and distributing conventional and organic food ingredients and solutions for the food and beverage industry worldwide.
Established dividend payer and good value.