EPISODE · Oct 5, 2023 · 52 MIN
Accrol Group (ACRL) Full Year 2023 results presentation - October 23
from PIWORLD Investor Podcasts · host piworld
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/
What this episode covers
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, CEO00:16 - Introduction07:14 - FY23 Highlights Chris Welsh, CFO08:49 - FY23 Financial highlights Gareth Jenkins, CEO11:21 - Market and Revenue13:55 - Market share16:23 - Commercial highlights Chris Welsh, CFO18:31 -Volume growth and price increases19:28 - EBITDA Growth20:45 - Net Debt Gareth Jenkins, CEO21:40 - Operational highlights24:12 - ESG26:52 - Strategic review29:41 - Paper mill investment30:47 - 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/
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Accrol Group (ACRL) Full Year 2023 results presentation - October 23
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