Accrol Group Holdings Interim results presentation

Accrol, CEO Gareth Jenkins, CFO, Richard Newman & Group Financial Controller (and CFO designate), Chris Welsh, present the interim results for the six months ended 31 October 2022. “There was strong progress across all businesses and products. The Group has performed well in H2 to date and is on track to achieve revenue and adjusted EBITDA growth for the year ending 30 April 2023 (“FY23″) marginally ahead of expectations at £230m and £15.5m respectively.”

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. The UK soft tissue market is worth £1.6bn with private label products comprising circa 50%. Accrol is the leading supplier to the private label market, which is growing at over 8% year on year.

Click to view all articles for the EPIC:
Or click to view the full company profile:
Facebook
Twitter
LinkedIn
Accrol Group

More articles like this

Accrol Group

UK manufacturing industry sees £48.5bn productivity boost in 2023

The UK manufacturing industry achieved productivity improvements worth £48.5bn in 2023, according to analysis of ONS data by Fourjaw Manufacturing Analytics, a technology company that measures machine productivity. This represents an 8.6% increase on 2022 levels

Accrol Group

Accrol Group returns to profit

Accrol Group, the Blackburn-based AIM-listed tissue and toilet roll maker, has achieved a return to profit, despite a dip in revenues, for its interim period of trading. In the six months to October 31, 2023, the

Accrol Group

Manufacturers say UK becoming more competitive as global hub

Despite challenges such as high energy costs and political instability, Britain’s largest manufacturers see the UK as a growing global manufacturing hub. A recent survey revealed increased confidence in the sector’s prospects. Accrol Group Holdings plc is a leading UK tissue converter, contributing to the £1.6bn soft tissue market.

Accrol Group

Manufacturing outlook for 2024

Britain’s manufacturers have seen output surge by three times faster than orders in the last quarter, to +10% from a negative balance in Q3 of -3%. Such an increase is an extremely rare occurrence and potentially

Accrol Group

Is UK manufacturing going from strength to strength?

We’ve all heard the opinion banded about in the context of UK manufacturing: “We don’t make anything here any more”. But according to a recent report from Make UK, in 2021 (the most recently available data)

Accrol Group

Manufacturing output stabilises in Q4

Manufacturers reported that output volumes were stable during the final three months of the year – the first time output hasn’t fallen since the quarter to July 2023, according to the CBI’s latest Industrial Trends Survey

Accrol Group

UK factory downturn shows more signs of easing

Britain’s manufacturing sector showed further signs that it might be turning a corner in its long-running downturn but companies remained cautious and pushed up their prices, according to a survey published on Friday. The final reading