Company
Accrol Group Holdings PLC
LON:ACRL
Established in 1993, Accrol Papers Ltd is one of Europe’s largest independent soft tissue converters with manufacturing capacity in excess of over 100,000 tonnes per annum. We manufacture a wide range of household and away-from-home paper products from our purpose built production facility in Lancashire. Paper products including Toilet Rolls, Kitchen Towels and Facial Tissues are manufactured to the highest levels of quality in brands and private labels utilising the latest technological advancements.
34 stories · page 1 of 2
Accrol to unroll dividend sooner than expected
With cash generation continuing to strengthen, net debt for the full year is expected to be below consensus market forecasts, even after paying a dividend
Accrol appoints DS Smith senior executive as chief financial officer
Richard Newman is currently regional finance director for North Europe at the FTSE 100 packaging business
Accrol says pandemic toilet paper trends have unwound back to normal in recent months
The group did not propose a final dividend but said that a payout is “likely in the medium term” if its financial performance continues to improve on its current trajectory
Liberum starts coverage for Accrol as a ‘buy’
Analysts stuck a 75p target price as the toilet roll producer is expected to gain market share in a growing market
FCA probe finds no dirt on Accrol
The Financial Conduct Authority has been looking at statements made by the company to the market since it floated on AIM
Accrol wipes away underlying losses
Consumer-only revenue was up 20% to £64.5mln, with underlying profit a positive £3.2mln to reverse the £1.1mln loss a year ago
Accrol results highlight tissue business is more “operationally efficient and fit for purpose”
“The new board and management team of Accrol delivered a complex and comprehensive turnaround plan in 2019," said chairman Dan Wright
Toilet roll maker Accrol expects further growth after successful turnaround
“We now have a good foundation for us to push on and continue to grow profitably,” CEO Gareth Jenkins said.
Investments and investor services
Accrol Group slashes losses after restructuring
Sales in the core toilet roll division increased by 12% year-on-year to £85mln
Archive
Small cap movers: Goals Soccer Centres given a red card by AIM after unearthing massive tax bill
A look back at some of the more interesting stories from the junior market over the past week
Accrol shares on a roll as it forecasts return to profitability in 2019
In its results for the first half, the group said it had completed a “highly complex” turnaround and as a result estimated adjusted underlying EBITDA for the full year would be around £1mln
Archive
FTSE 100 finishes in red as China growth worries hit global equities
Top laggard on Footsie was oil services giant Wood Group, which shed 4.09% to 524.80p
Accrol shares down the pan as it announces FCA investigation
The ambiguous update from the toilet tissue maker said the regulator was looking into statements it had made to the market between 1 April 2017 and 20 November 2017
Archive
Eyes on Dixons Carphone guidance as it delivers trading update on Tuesday
Dixons Carphone and Cairn Energy will be among Tuesday's highlights.
Investments and investor services
Brexit a factor in easyJet update, while US/China trade wars could be a drag for Burberry
The Week Ahead will also bring trading updates from the likes of Vodafone, Anglo American, William Hill, Dixons Carphone, and WH Smith, plus the latest UK jobs and wages data
Archive
Small Cap Movers: Faroe Petroleum calls time as Norway’s DNO wins hostile takeover battle
A look back at some of the more interesting stories from the junior market over the past week