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Trading statements

Accsys revenues rise

24 April 2017 08:00

Accsys Technologies' total revenues rose to €56.5m in the year to the end of March - 7% up on the previous year which benefited from material one-off licensing income.

The group said Accoya sales volumes had grown by 18% to 39,790cu m in the year to 31 March with a 31% increase in the second half of the financial year compared to the corresponding period last time.

It said this also represented a 27% increase compared to the first half of the financial year, in part helped by the resolution of the unexpected supply chain bottleneck in the first half of the year.

The group said expansion of Arnhem Accoya plant continued to progress with completion of the fully funded first stage of expansion to 60,000 cu m of annual capacity expected by the end of 2017.

At 8:00am: (LON:AXS) Accsys Technologies PLC share price was -0.12p at 65.88p

Story provided by StockMarketWire.com

Related Company: AXS

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