In the first six months of its broken accounting year, Accsys has a slightly lower turnover than in the same period a year earlier. However, the profit margin of the company was higher between March and September, which resulted in a pre-tax profit. In addition, Accsys significantly reduced its indebtedness over the period.
The sales of Accsys, wood that has been processed by chemical means to make it sustainable, still accounts for the lion’s share of Accsys sales. Those sales fell by six percent. The total turnover fell slightly less, with 3% to 42.9 million euros. The higher profit margin left a profit before tax of EUR 1 million, with a loss of EUR 1.6 million last year.
The British company quoted on the Stock Exchange in Amsterdam also paid off EUR 8.9 million of its debt. It stood at EUR 16.3 million at the end of September. The construction of a factory for Tricoya Wood is on schedule, as is the extension of the existing Accoya plant.