Successful expansion of its established Accoya facility at Arnhem should pave the way for Accsys to become EBITDA positive at the group level during FY19. A dedicated Tricoya facility (construction underway, first production expected from mid-2019) provides another clear platform for further profit growth. As this becomes more apparent, we believe it will be a catalyst for positive share price performance.
21 Jun 2018
Clear strategic progress
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Clear strategic progress
Accsys Technologies PLC (AXS:LON) | 56.5 0.3 0.9% | Mkt Cap: 135.2m
- Published:
21 Jun 2018 -
Author:
Toby Thorrington -
Pages:
2
Successful expansion of its established Accoya facility at Arnhem should pave the way for Accsys to become EBITDA positive at the group level during FY19. A dedicated Tricoya facility (construction underway, first production expected from mid-2019) provides another clear platform for further profit growth. As this becomes more apparent, we believe it will be a catalyst for positive share price performance.