Accrol Group CEO, Gareth Jenkins and CFO, Chris Welsh present final results for the year ended 30 April 2023, followed by Q&A. A strong growth in both revenue and profit, driven by increasing market share and volumes. FY24 EBITDA now expected to be ahead of previous Board expectations, driven by accelerating margin recovery.
Gareth Jenkins, CEO
00:16 - Introduction
07:14 - FY23 Highlights
Chris Welsh, CFO
08:49 - FY23 Financial highlights
Gareth Jenkins, CEO
11:21 - Market and Revenue
13:55 - Market share
16:23 - Commercial highlights
Chris Welsh, CFO
18:31 -Volume growth and price increases
19:28 - EBITDA Growth
20:45 - Net Debt
Gareth Jenkins, CEO
21:40 - Operational highlights
24:12 - ESG
26:52 - Strategic review
29:41 - Paper mill investment
30:47 - Outlook
32:50 - Q&A
Accrol Group Holdings plc is a leading tissue converter and supplier of toilet tissues, kitchen rolls, facial tissues, and wet wipes to many of the UK's leading discounters and grocery retailers across the UK. The Group now operates from six manufacturing sites, including four in Lancashire, which together supply c.21.5% (volume) of the UK tissue market valued at c£2.5bn at retail sales value.
For more information, please visit www.accrol.co.uk.
Link for Accrol Today video: https://www.accrol.co.uk/our-business/
