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| The Group is a trader and distributor of agricultural raw materials. Acomo endeavours to optimize the creation of value by and within its subsidiaries and participation(s), while remaining within manageable risk levels related to the global trading activities and the financial capabilities of the Group. It seeks to grow and diversify its activities in the trade and distribution of (preferably) niche commodities for the food industry. It is also an active shareholder in the global rubber trade. To achieve these goals, two parallel efforts are actively being pursued: - organic growth within the trading subsidiaries, by diversifying the product assortment and by strengthening ties with suppliers and customers worldwide. We encourage people to take responsibility and to develop new initiatives, leading eventually to the creation of new departments inside the subsidiaries; - partnerships and mergers with, and acquisitions of other profitable trading companies with a successful management track record, contributing to the earnings per share of the Company. We are looking in particular at trading companies in niche and fragmented markets where the Group's trading and financial expertise can provide added value for growth. Our selection criteria are strict because we do not want to compromise the high profitability of the existing activities and the other achievements and values of the Group. Financial objectives Among the financial objectives of the Company and its subsidiaries are: - achieving, in the long-term, net annual profits in excess of 15% of shareholders' equity; - paying to the shareholders a dividend representing about 60% of the net realized annual profit; - safeguarding and strengthening the capacity to generate future profits by maintaining a strong balance sheet and financial ratio's. Customer satisfaction The basis for our success. We are committed to quality. This promise is a global concept that encompasses: - to service our customers efficiently, timely and consistently - to deliver the right product for our customers' need and demand - to provide our products and services at the right price - to care for the well-being and personal development of our personnel - to ensure sustainable growth and the financial stability of our activities - to generate superior long-term returns for our shareholders All our trading subsidiaries are ISO-9002 certified and we comply with HACCP and other quality norms. This guarantees high standards and a continued improvement of our total service. |
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