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Description

The full management team Dan Wright, Executive Chairman, Gareth Jenkins, CEO, Richard Newman, CFO and Graham Cox, Commercial Director give a comprehensive overview of the turnaround to date, with the period’s achievements operationally, including the two acquisitions, and financially. They cover the main markets, investment to date and going forward, and the 2022 outlook.

Dan Wright, Executive Chairman

00:18 The vision

Gareth Jenkins, CEO

02:50 Performance summary

Richard Newman, CFO

04:13 Financial results

Gareth Jenkins, CEO

08:14 The acquisitions: Leicester Tissue Company (LTC) & John Dale

Graham Cox, Commercial Director

12:32 The Markets

Gareth Jenkins, CEO

19:08 Investment

22:28 FY2022 outlook

25:07 Conclusion

26:07 Q&A

Accrol Group Holdings plc is a United Kingdom-based independent tissue converter and supplier of toilet tissues, kitchen rolls and facial tissues. The Company supplies to a range of discounters and grocery retailers across the United Kingdom (UK). It imports Parent Reels from around the world and converts them into finished goods at its manufacturing, storage and distribution facility in Blackburn, Lancashire. The Company operates from five sites, including four in Lancashire. The Company has 15 converting lines in operation providing capacity of approximately 118,000 tons per annum. Its subsidiaries include Accrol UK Limited, Accrol Holdings Limited and Accrol Papers Limited.