Accsys Technologies AIM:AXS
- Founded
- 2005 · London, England
- Incorporated
- United Kingdom
- Chief executive
- Dr Jelena Arsic van Os
- Employees
- 215
- Reports in
- EUR
- Companies House
- 05534340
Wood technology company that modifies fast-growing softwood through acetylation to create Accoya, a durable, dimensionally stable timber used in windows, doors, decking and cladding, plus Tricoya panels. Operates its main plant in Arnhem in the Netherlands with a joint-venture plant in the United States, selling through distributors globally as a sustainable alternative to hardwood, plastics and aluminium.
Read straight from the annual reports
57.0c at close on 2 Oct 2026 · 12 reported years, 2015–2026
| Line | FY201503/15 | FY201603/16 | FY201703/17 | FY201803/18 | FY201903/19 | FY202003/20 | FY202103/21 | FY202203/22 | FY202303/23 | FY202403/24 | FY202503/25 | FY202603/26 | FY2027unreported |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||
| Gross profit | |||||||||||||
| Operating profit | later (3.9) | ||||||||||||
| Adjusted operating profit | later (4.2) | ||||||||||||
| Exceptional items | later (0.03) | vs (0.10) | vs (0.41) | ||||||||||
| Net finance cost | |||||||||||||
| Profit before tax | later (4.5) | ||||||||||||
| Adjusted profit before tax | |||||||||||||
| Tax charge | |||||||||||||
| Profit for the year | later (5.0) | ||||||||||||
| EBITDA | |||||||||||||
| Adjusted minus statutory PBT | |||||||||||||
| Basic EPS | |||||||||||||
| Diluted EPS | — | — | |||||||||||
| Adjusted EPS | |||||||||||||
| Dividend per share |
EUR millions, negatives in brackets. Per-share lines in cents, share counts in millions. later is what a following report restated the figure to; vs is a second reading that disagrees. The figure shown is the one the original filing printed, and both readings are kept. Click any figure: opens the report page it was read from, highlighted; shows how it was calculated. The share price above is drawn to the same columns: each close sits over the financial year it fell in.
12 years, at a glance
Dashed: Operating margin, in % on its own scale — read its shape, not its height against the bars.
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Accoya wood sales volumes
Total Accoya sales volumes up 13% to 63,864m3 (FY24: 56,568m3); UK & Ireland volumes up 27%, Rest of Europe up 16%, North America up 16%
page 18Average selling price / premium pricing
Group ASP for Accoya worldwide up 1.2%; Group average ASP down 1.7% due to transfer of higher-priced North America volumes to the Accoya USA JV
page 19Favourable sales mix and operational efficiencies
Gross margin improved to 30.3% (FY24: 30.0%); Arnhem/Barry gross margins circa 30%
page 17Business transformation programme and Solid Roots operational efficiency initiative (Arnhem)
€4.6m of operational cost savings delivered in FY25, exceeding target
page 19"FY25 has been a pivotal year for Accsys, marked by strategic clarity, robust commercial momentum, and strong operational delivery." - Dr Trudy Schoolenberg, Chair
page 8No material events since 31 March 2025 and the date of the Directors' Report / Note 34 Subsequent events
page 154No final dividend proposed for FY25, consistent with the prior year (FY24: nil). The Board deems it prudent to maintain a strong balance sheet during Phase One and Two of the Group's FOCUS strategy
page 153Directors concluded the going-concern basis is appropriate after assessing a base case and a severe-but-plausible downside scenario plus a reverse stress test; a c.14% decrease in Accoya sales volume from the Arnhem plant vs. the prior year (or c.24% vs. base scenario) would be needed to breach minimum liquidity, and no covenant/liquidity breach is triggered under modelled scenarios. Auditor: PricewaterhouseCoopers LLP (external auditor since April 2011); Independent Auditors' Report materiality of €1,366,000; Key Audit Matters identified were impairment of non-current assets and recoverability of investments in/amounts owed by subsidiary undertakings; no qualification of the audit opinion was indicated in the report reviewed
page 119- Ramp-up of Accoya USA Kingsport plant - risk assessment High, new/emerging risk: slower JV sales volume ramp-up would materially impact JV profitability, liquidity and Accsys' funding obligationsp.43
- Financing and liquidity - risk that the Group cannot meet short-term liquidity or long-term funding obligations given a complex, leveraged capital structurep.43
- Information security - failure to protect critical information/assets from cyber threats including ransomware and data leakagep.44
- Health, safety and environment - non-compliance with H&S/environmental regulation in chemical-industry operations could cause harm, fines or reputational/financial damagep.44
Read from C000022-AR-2026-website.
11 annual reports read, FY2016 to FY2026
Open a year to see what its report said. Every line in it carries the page it was read from.
Sources: Companies House (10), Company website (1)
FY2027Next report expected 2 Jul 2027