Accrol Group Holdings

Accrol Group Holdings is a holding company. Through its subsidiaries, Co. is a tissue converter manufacturing toilet rolls, kitchen rolls, facial tissues and away from home products (AFH). Co. supplies a range of independents, discounters and multiples as well as a variety of AFH customers throughout the U.K. Co. imports Parent Reels from around the world and converts them into finished goods at its manufacturing, storage and distribution facilities in Blackburn and Leyland, Lancashire.
  • TickerACRL
  • ISINGB00BZ6VT592
  • ExchangeLondon Stock Exchange
  • SectorHousehold Goods & Home Construction
  • CountryUnited Kingdom
Mike Allen ...
  • Rachel Birkett

Accrol Group Holdings PLC (ACRL LN) - Trading update

Accrol has announced a trading update, confirming it is trading in line with market expectations. The demand side of the equation has no doubt helped strengthen its relationships with retail customers. Input prices are likely to increase and act as a headwind. However, we remain comfortable that Accrol now has the platform to advance further from here.

Accrol Group Holdings: 1 director bought

A director at Accrol Group Holdings bought 1,000,000 shares at 38p and the significance rating of the trade was 68/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of...

Damian Dunn ...
  • Mike Allen

Accrol Group Holdings PLC (ACRL LN)

The results came in as expected at the headline level, with adjusted EBITDA (post IFRS 16) of £3.2m (adj. EBITDA of £1.9m pre-IFRS 16), which compared to a £1.1m loss last year at the adjusted EBITDA level. Encouragingly net debt is now reducing at an accelerated rate ahead of our expectations, with adjusted EBITDA on track. However, interest costs are £0.6m higher than our previous expectations for FY, which triggers a 7.9% EPS downgrade in 2020 and 6.1% and 3.1% in 2021 and 2022 respectively. Our intrinsic value analysis implies a valuation range of £89.8m - £139.1m (vs. a current market ca...

Feasibility Study Results in December to be a Catalyst for this Junior

Feasibility Study Results in December to be a Catalyst for this Junior

Damian Dunn ...
  • Mike Allen

Accrol Group plc (ACRL LN)

Heavy lifting complete Accrol has delivered FY results that are in line with our forecast at the adjusted EBITDA level, marking the end of a highly complex, well executed turnaround in an unhelpful FX environment. Net debt also continues to fall ahead of our forecasts, with encouraging signs of progress here. We are maintaining our headline forecasts in line with guidance, and see Accrol as a simpler, stronger and more operationally efficient business backed by a proven management team.

Accrol Group Holdings: 1 director bought

A director at Accrol Group Holdings bought 1,000,000 shares at 38p and the significance rating of the trade was 68/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of...

Mike Allen ...
  • Rachel Birkett

Accrol Group Holdings PLC (ACRL LN) - Trading update

Accrol has announced a trading update, confirming it is trading in line with market expectations. The demand side of the equation has no doubt helped strengthen its relationships with retail customers. Input prices are likely to increase and act as a headwind. However, we remain comfortable that Accrol now has the platform to advance further from here.

Damian Dunn ...
  • Mike Allen

Accrol Group Holdings PLC (ACRL LN)

The results came in as expected at the headline level, with adjusted EBITDA (post IFRS 16) of £3.2m (adj. EBITDA of £1.9m pre-IFRS 16), which compared to a £1.1m loss last year at the adjusted EBITDA level. Encouragingly net debt is now reducing at an accelerated rate ahead of our expectations, with adjusted EBITDA on track. However, interest costs are £0.6m higher than our previous expectations for FY, which triggers a 7.9% EPS downgrade in 2020 and 6.1% and 3.1% in 2021 and 2022 respectively. Our intrinsic value analysis implies a valuation range of £89.8m - £139.1m (vs. a current market ca...

Feasibility Study Results in December to be a Catalyst for this Junior

Feasibility Study Results