Episodes
Thursday Sep 08, 2022
Thursday Sep 08, 2022
Accrol Group CEO, Gareth Jenkins, and CFO, Richard Newman present full-year results followed by a Q&A session, for the period ended 30 April 2022. They show a resilient performance, delivered under extremely challenging macro conditions, marginally ahead of expectations. Going forward they are accelerating growth in private label volumes, which is fuelling confidence.
00:18 Introduction to Accrol video
Gareth Jenkins, CEO
02:25 The Accrol business
03:40 FY22 performance summary
04:43 Market and review
Richard Newman, CFO
06:08 FY22 financial results
06:25 Revenue overview
07:15 Cost and price increase
08:24 Cash flow and net debt
Gareth Jenkins, CEO
10:00 Product development
11:36 Channel development
12:14 The markets
13:12 Operational highlights
15:32 Sustainability highlights
17:06 Strategic review
17:56 FY23 outlook
19:20 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 now supplies 19% (volume) of the UK tissue market valued at £2.1bn at retail sales value.
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