Accsys Technologies plc : Good start in FY24/25 but still challenges ahead
>2024 results release (pre-released already) little incremental information - This morning, Accsys published its audited results for the fiscal year 2023/2024. As the company had already pre-released the key metrics (production, sales, EBITDA and net debt), the earnings release contained little incremental information about the 2023/2024 results. Accsys reported production of 57k m3 (down 11% yoy), sales of €136m (down 17% yoy), adj. EBITDA of €4.8m (down c. 80% yoy) ...Accsys Technologies is a holding company. Through its subsidiaries, Co. is a chemical technology group focused on the development and commercialization of a range of transformational technologies based upon the acetylation of solid wood and wood elements (wood chips, fibres and particles) for use as construction materials. Co.'s business consists of the following: commercial scale Accoya® wood production and sales facility in Arnhem; building and operating of Tricoya® wood chip acetylation plant in Hull; Accoya and Tricoya technology licensing and business development; and technology and product development.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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