Accsys Technologies plc : Strong Accoya operations allow for optionality
Although we retain our Neutral rating and DCF based PT of € 1.15 per share, which is based on the current and future Accoya operations, there are scenarios in which additional value can be created, although a strategic partner for Tricoya UK is required. For now, we assume that the company will continue to defer making a go/no go decision about the Tricoya project and will focus on optimising Accoya operations in the Netherlands and completing the Accoya USA project without furth...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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.