Resilient year at toilet roll maker

A listed business which produces toilet roll, kitchen roll, facial tissue and wet wipe products for most of the UK’s major grocery retailers has reported full-year results covering a resilient performance despite “extremely challenging” macro conditions.

Accrol Group Holdings, which operates from six manufacturing sites, including four in Lancashire, upped revenue by 16.7 per cent to £159.5m in the year to 30 April 2022, with volumes bouncing back as the year progressed from the subdued levels experienced during lockdowns, reflecting changes in consumer shopping habits as the impacts of the pandemic receded.

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.

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