hxxps://www.edisongroup.com/research/strong-ebitda-growth-until-fy30-expected/BM-1203/?utm_campaign=759225_Weekly-Campaign-2025-02-28-15%3A00%3A29&utm_medium=email&utm_source=EDISON%20INVESTMENT%20RESEARCH%20LIMITED&dm_i=7R94,G9TL,2HCRJS,1L3HP,1
Edison research note on their website.Accsys Technologies (AXS)
Outlook — Strong EBITDA growth until FY30 expected |
24/02/25 Hoogh Blarick BV and Teslin Participaties Coöperatief UA have ended their shared relationship agreement with Accsys, for which a lasting common policy applied. However Teslin remains a party to the relationship agreement with Accsys.
27/02/25 Hoogh Blarick BV increasing their holding 14.3% to 15.55%
What plans do Hoogh Blarick have ? Interesting, very interesting |
Mr MacGregor 24 Feb '25 - 10:48 - 1814 of 1815 (Filtered) |
Followed the bots and joined you for a few this morn, GLA |
According to their recent investor strategy day only 5 years until the start of their growth phase lol. |
Confirmation today of two big holders selling down. |
HFS- Wish it was me at b/e, bottom draw for me since 2008. I bought the idea of Accoya but its not really materialised in the UK, its still too expensive. GLA |
Somebody is exiting |
Somebody is exiting |
Wow! What's going on here then ?Huge volume |
Materially Ahead and production to treble in 2 years and only a 10% rise?This will soon re-rate or Eastman will take it out when production reaches near capacity.More plants planned in the US |
Arnhem is in the EU.
Despite the scare tactics of the remainers our country has done well outside the EU. |
Contains the magic words “significantly ahead of market consensus”.
The decision to cut losses in Hull and focus on production within the EU and US now looks like a wise move, with tariff wars looming. In my view, the political colour of the government is less of a factor in long-term investment decisions than the trading problems and uncertainties caused by Brexit. |
Accsys has made a good start to H2 FY25 and expects full year results to be significantly ahead of market consensus |
Debt down, profit up, margin up, revenue up. |
Looks bullish |
 investments of 7.2m into the US joint venture Operational highlights · Good progress made on FY25 operational targets: o Accoya USA site: The joint venture Accoya production facility in Kingsport, Tennessee is now commercially operational o Operational efficiencies: the Solid Roots program is on track to deliver a 500 basis points improvement in overall equipment effectiveness (OEE) at our Arnhem facility in the financial year o Cost savings: The Company is on track to deliver 3m of cost savings from the business transformation programme in FY25, in addition to annualised cost savings of 3m from Hull closure· Acceleration of sales and marketing, supporting progress towards run rate of 100,000m³ by end of FY27 · New CFO Sameet Vohra appointed on 30 September 2024 Current trading and outlook · Accsys has made a good start to H2 FY25 and expects full year results to be significantly ahead of market consensus1· While market conditions are expected to remain challenging in the near term, the Group expects total sales volumes in H2 FY25 to maintain growth momentum, driven by positive demand development in key European markets and the new capacity in the USA · The Group will focus on maximising sales and marketing to produce returns on its major plants in Arnhem and Kingsport · With the gross margin maintained, the Company will continue to benefit from the business transformation programme and savings from the closure of Hull· As Accoya USA continues to ramp up, underlying profitability is expected to improve in the second half of the year· The Company will hold an Investor Strategy Day at its Arnhem site on 30 January 2025 |
I hope to see some director buys post results |
Sorry mistype, the results being reported are to Sep. |
Various stock analysis websites that run the numbers on shares have the expectation of c. 65% upside in next 12months and current calculation 45% Intrinsic Value undervalued. DYOR as various ways of calculation of IV and which brokers have been asked. But hopefully tomorrow publication of 6m results to end of Oct will have some good news. |
Got back in today, may fall further tomorrow (so will buy more) but with the Eastmann connection in the US and a near doubling of output due in 2027 I think we are in over sold territory |
This is really bad. Majority of capex already sunk in Hull.If there was good demand for engineered wood, they would have found the funding and proceeded with Hull. Either for Tricoya. Or modifying for Accoya.The fact that they're abandoning it now, is not a good sign about the demand for their wood products. Either market demand (but everyone's expectations are a recovery in 2025 with lower rates). Or, my bet is that competitors are eating their lunch now with better, cheaper products? |
Mr MacGregor19 Sep '24 - 07:44 - 1794 of 1795 (Filtered) |
Talk of restarting up Hull turned out not to be true then !! Apologies to all!! But rumours were going around on Saltend!! Uncertainty finally over now! Still think Accsys is a good recovery play going forward |
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