Accrol, which has a manufacturing facility in Leyland, said that its losses before tax was £2.5m for the year ending April 30, 2022, down from £3.1m the previous year.
This followed an increase in revenue from £136.6m in 2021 to £159.5m this year and a rise in its market share by volume of 19.5 per cent, compared with 18.9 per cent in 2021, showing business bouncing back after the period of lockdowns.
It said new customers had been secured through increasing product diversity – notably Amazon, Unitas, Spar, Ocado and Sainsbury’s.
Accrol Group Holdings plc (LON:ACRL) is the UK’s leading independent tissue converter, producing toilet tissue, kitchen towel, facial tissue and biodegradable wet wipes.