Accsys revenue rises, but profit margins narrow

21st Nov 2023 10:57

(Sharecast News) - Wood products specialist Accsys Technologies reported a 21% increase in first-half revenue on Tuesday to €71.2m.

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Accsys shares tank after profit warning

1st Sep 2023 08:21

(Sharecast News) - Shares in Accsys Technologies plummeted on Friday after the high-performance wood products group delivered a profit warning on the back of weakness from construction markets in the UK, Europe and North America.

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Accsys Technologies ends year in strong position

3rd May 2023 12:28

(Sharecast News) - Wood products company Accsys updated the market on its end-of-year guidance and key strategic projects for the 12 months ended 31 March on Wednesday.

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Accsys taps Dr Jelena Arsic van Os for CEO

4th Apr 2023 08:50

(Sharecast News) - Wood products manufacturer Accsys revealed on Tuesday that Dr Jelena Arsic van Os had been appointed chief executive officer-designate, with the doctor set to take over on a full-time basis no later than 1 July.

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Canaccord Genuity lowers target price on Accsys Technologies

13th Sep 2022 10:57

(Sharecast News) - Analysts at Canaccord Genuity lowered their target price on wooden products retailer Accsys Technologies from 190.0p to 150.0p on Tuesday, citing delays to the group's new Tricoya plant.

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Accsys reports flat Accoya wood revenues, delays to Hull plant

12th Sep 2022 07:29

(Sharecast News) - Chemical technology group Accsys Technologies said on Monday that Accoya wood revenues were broadly flat year-on-year as volumes were limited by production capacity and cautioned that its Hull plant would likely no longer become operational in 2022.

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Accsys to raise EUR 20m ahead of 'pivotal year'

25th May 2022 12:21

(Sharecast News) - Chemistry and technology-focussed wood building products developer Accsys announced plans to raise gross proceeds of €20m (£17.07m), to strengthen its balance sheet, increase its headroom, and fund additional costs at Arnhem.

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Accsys refinances debt facilities with new ABN Amro deal

5th Oct 2021 10:56

(Sharecast News) - Wood chemistry technology company Accsys has completed a refinancing of its debt facilities, it announced on Tuesday, through a new bilateral agreement with one of its existing relationship banks ABN Amro.

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Accsys Technologies YTD sales and revenues grow

17th Sep 2021 09:01

(Sharecast News) - Chemical company Accsys Technologies said on Friday that both sales and revenues had grown year-on-year in the five months ended 31 August amid "strong demand" for its Accoya and Tricoya wood elements.

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Accsys H2 sales and revenues grow following 'rapid recovery'

16th Apr 2021 09:25

(Sharecast News) - Building products company Accsys said on Friday that it had seen strong sales and revenue growth in the second-half following a "rapid recovery" after the initial impact of Covid-19 in the first quarter.

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Accsys Technologies revenues rise as Accoya wood demand stiffens

12th Feb 2015 15:08

Wood hardening group Accsys Technologies announced a positive third-quarter update, with strong production volumes and news of continuing growth in demand for its Accoya wood product. Revenues in the nine months to 31 December stiffened 41% to €32.4m, accelerating from the 38% growth at the first ha

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Accsys cuts cash burn and eyes break-even as traction grows

3rd Jul 2014 13:23

Wood-hardening company Accsys cut losses by almost a quarter in the year to March as revenues stiffened markedly thanks to growing traction in its end markets. Revenue grew 78% to €33.5m, with increases recorded across all geographic territories, helping gross profit more than double to €7.8m as gr

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Accsys sees 'step change' as sales volumes swell

7th May 2014 11:50

Annual sales were much higher than expectations at wood hardening group Accsys Technologies, the company confirmed in a pre-close update. The AIM-listed outfit winched total revenue 78% higher to €33.5m, which helped lift its year-end cash 5.6% to €15.2m thanks also to better licence income and imp

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Revenue momentum continues at Accsys Technologies

12th Feb 2014 14:25

Accsys Technologies, the AIM environmental science and technology firm, said that the revenue momentum seen in the first half continued into its third quarter on the back of continuing strong demand for its Accoya wood product. The company, which has developed its Accoya treatment to give wood a lo

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Accsys dragged into legal conflict by former wood-hardening partner

19th Sep 2013 09:50

Wood-hardening group Accsys Technologies has been taken to independent arbitrators by a company it had previously licensed to manufacture its products. Chief Executive Paul Clegg said that, having taken legal advice, Accsys remained "extremely confident" that the process would be resolved in its f

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