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Trading statements

Accrol in line with expectations

07 November 2016 09:05

Accrol Group Holdings says it has made good progress since the start of this financial year and trading has been in line with expectations.

During the six months ended 31 October, the company has continued to win new business with existing customers in addition to the previously announced new £10m contract gain, which it can now confirm is Lidl.

Installation of two high-speed converting lines in its new 168,000 sq. ft. manufacturing facility in Leyland is well under way and will increase total capacity to 143,000 tonnes per annum.

The premises will initially house the two high speed tissue converting lines purchased in April and the increased capacity will support the group's continued growth with both discounters and major multiples in the UK.

At 9:05am: (LON:ACRL) Accrol Group Hldgs Plc share price was +3p at 120.5p

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