Accsys Technologies prelim FY26 revenue up 12% on North America growth

Accsys Technologies

16/06/2026 07:11

Overview
Netherlands wood products maker's preliminary FY26 revenue rose 12% to €153m
Adjusted EBITDA nearly doubled, up 96% to €21.2m, driven by higher volumes and margins
Statutory loss before tax narrowed to €0.6m from €20.8m prior year

Outlook
Company says trading is in line with Board expectations for FY27
Accsys remains focused on innovation, market share gains and capacity utilisation
Company notes macroeconomic uncertainty and inflationary pressures but expects to manage impact

Result Drivers
NORTH AMERICA GROWTH - Strong sales volume growth in North America, with the Accoya USA joint venture achieving EBITDA profitability and a 60% increase in regional sales, supported overall results
HIGHER MARGINS & PRICING - Improved gross profit margin and resilient premium pricing, alongside a favourable sales mix with more Accoya Color sales, contributed to profitability gains
OPERATIONAL EFFICIENCY - Cost control, capacity expansions, and asset optimisation projects enhanced production efficiency and supported margin improvement

Company press release: ID:nRSP3911Ia

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
FY Adjusted EBITDA
 
EUR 21.10 mln
 
FY Net Debt
 
-EUR 41.40 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the forest & wood products peer group is "buy"
Wall Street's median 12-month price target for Accsys Technologies PLC is GBp104.24, about 35.4% above its June 15 closing price of GBp77.00
The stock recently traded at 36 times the next 12-month earnings vs. a P/E of 32 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)