Accsys continues to see strong demand for its high-performance wood products. With demand outstripping capacity, its stated strategy is to expand its total processing capacity from 60,000m3 currently to 200,000m3 by 2025. The group has reaffirmed guidance for FY22, consensus EBITDA is currently €10.4m and adjusted PBT is €1.2m. Driving this performance is price. With volumes flat due to capacity constraints and plant downtimes, which was covered in our March 2022 site visit note, Accoya revenues ....
26 May 2022
Accsys Technologies - FY22 guidance reaffirmed, €19m net capital raise
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Accsys Technologies - FY22 guidance reaffirmed, €19m net capital raise
Accsys Technologies PLC (AXS:LON) | 60.2 0 0.0% | Mkt Cap: 144.1m
- Published:
26 May 2022 -
Author:
Neil Shah -
Pages:
2
Accsys continues to see strong demand for its high-performance wood products. With demand outstripping capacity, its stated strategy is to expand its total processing capacity from 60,000m3 currently to 200,000m3 by 2025. The group has reaffirmed guidance for FY22, consensus EBITDA is currently €10.4m and adjusted PBT is €1.2m. Driving this performance is price. With volumes flat due to capacity constraints and plant downtimes, which was covered in our March 2022 site visit note, Accoya revenues ....