Lancashire toilet roll makers optimistic after increase in market share

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.

Click to view all articles for the EPIC:
Or click to view the full company profile:
Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Accrol Group

More articles like this

Accrol Group

Accrol reports strong performance in trading update

UK-based independent tissue converter Accrol Group has reported FY23 results “at least in line” with market expectations and FY24 margins improving in its latest trading update.   For the year to 30 April 2023, the company said it has

Accrol Group

Accrol donating to Fife’s ‘multibank’

Corporate donors and others are giving toiletries, mattresses, soap and more to a new phenomenon – multibanks – to nourish and clothe the growing army of poor people. Gordon Brown: Corporate donors and others are giving toiletries, mattresses,

Accrol Group

UK manufacturing production rebounded in March

The industrial sector activity rebounded in March, the latest UK industrial and manufacturing production data published by Office for National Statistics (ONS) showed on Friday. Manufacturing output arrived at 0.7% MoM in March versus -0.1% expected and -0.1% seen

Accrol Group

CFO takes up Accrol Board post

Toilet roll, kitchen roll, facial tissue and wet wipe products business Accrol Group has welcomed its new chief financial officer to the board. Chris joined the business in October 2022, as part of the Board’s succession planning. Before

Accrol Group

UK service sector sees strongest growth in 12 months

Growth in the UK’s services sector accelerated sharply in April, according to the latest survey data on Thursday, helping to drive growth in the private sector overall amid a slump in manufacturing. The S&P Global/CIPS services purchasing managers’

Accrol Group

Accrol Group appoints Chris Welsh as Chief Financial Officer

Accrol Group Holdings plc (LON:ACRL), the UK’s leading independent tissue converter, has announced that Chris Welsh has today joined the Board as Chief Financial Officer. As detailed in the HY23 Results announcement, Chris succeeds Richard Newman, who has

Accrol Group

UK manufacturing industry bounces back in first quarter

The UK manufacturing industry is seeing a rebound in activity in the first quarter of the year as the domestic and global markets have improved, easing fears of a significant recession for industry this year. This is according

Accrol Group

Ambitious goals and long-term strategies

If there is one aspect of the pandemic that will be remembered, it is the mass hoarding of toilet paper. Fortunately for Accrol Group (Accrol), the bathroom basic was in great supply, according to Graham Cox, the Managing

Accrol Group

Accrol Group Unilever licensing agreement

Accrol announced that it has entered an agreement with one of the world’s largest consumer goods companies, Unilever plc, to exclusively produce and sell a kitchen towel product under its Lifebuoy brand.  Lifebuoy is the third most-chosen FMCG brand

Accrol Group

Accrol Group’s Oceans on paper manufacturing & supply chains

Vandita Vaidya, Technical Manager at Accrol Group’s paper manufacturer Oceans, discusses gender diversity in manufacturing & how she educates stakeholders Vandita Vaidya, Technical Manager at Accrol Group’s paper manufacturer Oceans, has always viewed her Mother as her role model. 

No more posts to show