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AccrolGrpHldgsPLCOrdGBP0.001 (ACRL)

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18-May-2021 09:14 AM

Accrol sees in line adjusted earnings despite lower sales as consumer stockpiling eases

Tissue convertor business Accrol said annual adjusted earnings were expected to be in line with expectations, despite a lower than anticipated increase in sales in the year as consumers eased stockpiling. 'Substantial progress has been made on gros
12-Jan-2021 09:30 AM

Accrol to resume dividend after reporting narrower first-half losses

Tissue converter Accrol reported narrower first-half losses and said it plans to resume dividend payments this year. The company also said it was confident full-year results would be at least in line with expectations. Accrol said it would restore div
02-Dec-2020 01:24 PM

Accrol names new CFO

Accrol Group has named Richard Newman as its new CFO, due to join the board from February 2021. He is currently regional finance director covering North Europe for DS Smith. His experience also includes senior finance roles at Cadbury and National Expre
02-Sep-2020 02:05 PM

Loo paper supplier Accrol swings to underlying profit

Loo paper supplier Accrol swung to an adjusted annual profit after panic buying during the pandemic helped boost sales. Pre-tax losses for the year through April were £1.9m, compared to losses of £14.0m on-year, and included one-off restructu
06-May-2020 10:11 AM

Accrol sees performance in line with expectations

Independent tissue converter Accrol said it expected annual performance to meet expectations, with revenue expected to grow by 13.7% following a strong end to the final quarter of the year. 'The group continued to perform well in the final quarter,
01-May-2020 10:30 AM

Broker Forecast - Liberum Capital issues a broker note on Accrol Group Hldgs Plc

Liberum Capital today initiates coverage of Accrol Group Hldgs Plc (LON:ACRL) with a strong buy investment rating and price target of 75p. Story provided by Broker Forecasts data provided by
03-Sep-2019 08:46 AM

Accrol narrows losses as turnaround continues

Accrol, independent tissue converter, reported narrower losses on lower costs as the company continued its turnaround. For the year ended 30 April 2019, pretax losses narrowed to £14m from £24.1m even as revenue ticked down to £116.7m
10-Jun-2019 09:55 AM

Accrol performs 'well' in Q4; expects to report improved earnings

Accrol said it had performed 'well' in its fiscal fourth quarter and expected to report improved annual earnings as the company completed its restructuring programme. For the full year ended 30 April 2019, the adjusted loss before tax was exp
10-Apr-2019 08:20 AM

Accrol appoints John Pilkington as Finance Director on permanent basis

Tissue converter Accrol announced that John Pilkington had accepted the permanent role of group Finance Director with immediate effect. John joined the senior management team of Accrol in September 2018, as Group Financial Controller. Since then, he had
22-Jan-2019 01:47 PM

Accrol annual losses deepen; margins seen improving

Loo-roll supplier Accrol Group Holdings posted a deeper first-half loss owing to restructuring costs and higher tissue prices. The company also announced that chief financial officer Steve Townsley had stepped down for health reasons. Hannah Argo, a rece
08-Jan-2019 09:07 AM

Accrol Group warns on earnings amid weaker pound, rising tissue prices

Accrol Group warned Tuesday adjusted earnings would undershoot market expectations for the full year blaming a weaker pound and a rise in tissue prices. The company forecasts adjusted earnings (EBITDA) in 2019 would be about £1m, well below the cur
26-Sep-2018 09:35 AM

Accrol Group swings to loss as weaker pound, rising costs bite

Accrol Group swung to a first-half loss Wednesday as increased cost, an inability to agree timely price increases with customers and adverse foreign exchange rate movements weighed. Despite the current headwinds, the company said was on-track to achieve
11-Jun-2018 10:17 AM

Accrol appoints Steven Townsley as CFO

Independent tissue converter Accrol revealed Monday Steven James Townsley had been appointed as Chief Financial Officer. Townsley joined Accrol after concluding his role as Finance Director of Help-Link, the UK's leading independent boiler installe
22-May-2018 09:54 AM

Accrol launches open offer

Further to the announcement of 15 May 2018 relating to a conditional placing to raise £8m (before expenses), loo roll maker Accrol Group has announced a conditional open offer to raise up to a further £1.935m (before expenses) through the issu
19-Mar-2018 08:48 AM

Accrol warns soaring internal, input costs to have a 'material' impact on performance

Accrol group said it expects a wider adjusted EBITDA loss for year ending 30 April 2018 to be in the region of £5m weighed by a trio of headwinds including rising internal costs, input costs and adverse foreign exchange hedging. The group warned th
22-Jan-2018 08:38 AM

Accrol posts operating loss, cites rising input costs, adverse FX

Accrol Group Holdings plc, an independent tissue converter and supplier, announced an operating loss of £5.7 million for the six-month period through 31 October 2017. In the six month period, Accrol incurred an operating loss of £5.7 million
08-Dec-2017 01:56 PM

Accrol shareholders pass all resolutions at GM

Accrol Group has confirmed that all resolutions were passed by shareholders at today's General Meeting. At 1:56pm: (LON:ACRL) Accrol Group Hldgs Plc share price was +2.25p at 43p Story provided by
09-Oct-2017 09:47 AM

Accrol board confident of funding solution

Accrol Group said its board was confident that a solution to its short-term funding requirement would be found. It said the directors believed that the current challenges facing the company related largely to FY18 and were likely to have less of an impac
09-Aug-2017 09:28 AM

Accrol brings forward AGM

Accrol Group Holdings has brought forward its annual general meeting. The group said the meeting would now be held on 22 September at 10 a.m. The venue remained as Accrol's head office in Blackburn. At 9:28am: (LON:ACRL) Accrol Group Hldgs Plc
10-Jul-2017 08:40 AM

Broker Forecast - Liberum Capital issues a broker note on Accrol Group Hldgs Plc

Liberum Capital today initiates coverage of Accrol Group Hldgs Plc (LON:ACRL) with a buy investment rating and price target of 200p. Story provided by
10-Jul-2017 07:48 AM

Accrol revenues up 14.2%

Accrol Group's revenues rose by 14.2% to £135.1m in the year to the end of April and gross profit increased 9.3% to £37.7m. Adjusted EBITDA rose by 6.8% to £16.1m and adjusted profit after tax was up 57.3% at £11.0m (FY16: &
16-May-2017 07:09 AM

Accrol reports strong year of growth

Independent tissue converter Accrol had a strong year of growth in its first year as a publicly listed business following its successful IPO on AIM in June 2016. The company performed in line with market expectations despite some challenging macro-econom
06-Apr-2017 02:00 PM

Accrol increases production capacity

Accrol Group has announced the official opening of its new 168,000 sq. ft. manufacturing facility in Leyland, Lancashire. Steve Crossley, Accrol's CEO, commented: "This new facility marks another milestone in Accrol's development, increas
04-Jan-2017 07:21 AM

Accrol revenues rise

AIM-listed independent tissue converter Accrol Group Holdings reports revenues of £63.9m for the six months to the end of October - 8.8% up on last time. Gross Profit increased 5.6% to £18.2m and adjusted gross margin improved by 1.1% to 28.4
14-Dec-2016 09:19 AM

Accrol brings forward interims

Accrol Group Holdings says its interim results will be announced earlier than previously reported, now on 4 January. At 9:19am: (LON:ACRL) Accrol Group Hldgs Plc share price was 0p at 123p Story provided by

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