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Pin to quick picksAccrol Gp Share News (ACRL)

Share Price Information for Accrol Gp (ACRL)

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Share Price: 38.60
Bid: 38.60
Ask: 38.70
Change: 0.00 (0.00%)
Spread: 0.10 (0.259%)
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AIM WINNERS & LOSERS: Frontier Developments sinks on guidance cut

Wed, 12th Jan 2022 11:34

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday.

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AIM - WINNERS

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Botswana Diamonds PLC, up 12% at 1.03 pence, 12-month range 0.61p-1.70p. The diamond explorer reports positive developments from preliminary assessments on its Thorny River diamond prospect. The Ireland-headquartered firm has found much higher volumes than expected of kimberlite in its South Africa prospect. Botswana Diamond now projects a kimberlite volume of 2 million tonnes.

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Ten Lifestyle Group PLC, up 8.9% at 110.00p, 12-month range 86.21p-115.95p. The concierge platform says it has won a multi-year client contract with an unnamed private bank and wealth manager in the Americas. The estimated value of the contract is within a range of GBP250,000 and GBP2.0 million. Ten says this has growth potential if the digital launch goes well and the service expands to more private banking customers and geographical areas.

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AIM - LOSERS

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Frontier Developments PLC, down 25% at 1,319.40p, 12-month range 1,300.00p-3,470.00p. Shares hit 12-month low after video game publisher swings to first half loss. For six months to November 30, swings to pretax loss GBP1.7 million from a profit of GBP6.5 million year before on revenue GBP49.1 million, up from GBP36.9 million. Looking ahead, Frontier now expects financial 2022 revenue in range of GBP100 million to GBP120 million, down from GBP130 million to GBP150 million guided last September. Jefferies also cuts the stock to Hold from Buy.

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Accrol Group Holdings PLC, down 18% at 25.12p, 12-month range 22.50p-73.70p. The tissue converter lowers guidance for annual revenue. Accrol now expects revenue to grow by just 17% to GBP160 million in the financial year that ends on April 30 from GBP136.6 million in financial 2021. This is a downgrade from October's more optimistic projection of 25% growth.

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By Arvind Bhunjun; arvindbhunjun@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
3 May 2024 16:38

Accrol Group supports increased offer from Navigator

(Alliance News) - Accrol Group Holdings PLC on Friday said it had accepted an increased takeover offer from suitor, Navigator Co SA.

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3 May 2024 15:34

Accrol agrees to final offer of £130.8m from Navigator Paper

(Sharecast News) - Tissue maker Accrol Group said on Friday that it has agreed to be taken over by Navigator Paper after it made an improved and final offer that values the company at £130.8m.

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22 Mar 2024 16:53

LONDON MARKET CLOSE: Rate cut euphoria lifts FTSE 100; New York slips

(Alliance News) - London's FTSE 100 ended higher on Friday, boosted by a favourable Bank of England interest rate outlook, though trade elsewhere was mixed as a rally in New York showed signs of exhaustion.

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22 Mar 2024 10:51

Accrol Group shares surge on takeover deal with Navigator

(Alliance News) - Accrol Group Holdings PLC has agreed to a GBP127.5 million takeover offer from a subsidiary of Navigator Co SA, the buyer said on Friday.

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22 Mar 2024 07:42

Portugal's Navigator to buy UK loo roll maker Accrol in £127.5m deal

(Sharecast News) - AIM-listed toilet paper maker Accrol said on Friday that it has agreed to be bought by Portuguese paper firm Navigator in a £127.5m deal.

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30 Jan 2024 12:04

EARNINGS: Accrol swings to interim profit; Pressure Tech revenue up

(Alliance News) - The following is a round-up of earnings by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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18 Jan 2024 20:55

TRADING UPDATES: Accrol makes buy; Artemis begins reconnaissance work

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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22 Nov 2023 15:06

Accrol hikes expectations after strong first half

(Sharecast News) - Tissue conversion specialist Accrol reported a solid first-half performance in a trading update on Wednesday, having experienced continuous volume growth.

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22 Nov 2023 12:21

TRADING UPDATES: Accrol to beat consensus; Plant Health cautions

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

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25 Oct 2023 12:43

IN BRIEF: Nichols appoints new chief financial officer from March

Nichols PLC - Newton Le Willows, England-based soft drinks manufacturer - Appoints Richard Newman as director, effective from January 29, before becoming chief financial officer in March following publication of its 2023 preliminary results. Interim CFO David Taylor will step down from the board at the same time in March. Says Newman was most recently CFO at Accrol Group Holdings PLC between 2021 and 2023. Nichols Non-Executive Chair Liz McMeikan comments: "Richard brings a wealth of highly relevant experience to the group and I have every confidence that he will make a substantial contribution to the group's continued development and growth."

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17 Oct 2023 15:43

UK shareholder meetings calendar - next 7 days

Wednesday 18 October 
Ashmore Group PLCAGM
Barratt Developments PLCAGM
Round Hill Music Royalty Fund LtdCourt Meeting and GM re cash offer
Thursday 19 October 
Argo Group LtdAGM
Bridgepoint Group PLCGM re adding Energy Capital to platform
Direct Line Insurance Group PLCGM re sale of brokered commercial insurance business lines to RSA Insurance Ltd
Instem PLCGM re takeover by Archimed
Medtronic PLCAGM
Pantheon International PLCAGM
Rank Group PLCAGM
Friday 20 October 
GSTechnologies LtdAGM
Monday 23 October 
abrdn New Dawn Investment Trust PLCGM re scheme and associated amendments to Company's articles
City of London Investment Group PLCAGM
Finsbury Food Group PLCGM re takeover by Frisbee Bidco
Landore Resources LtdEGM re fundraising
Mothercare PLCAGM
Naked Wines PLCGM re annual report and accounts
Oracle Power PLCGM re capital reorganisation
Provexis PLCAGM
Tuesday 24 October 
Accrol Group Holdings PLCAGM
Oneiro Energy PLCAGM
Tufton Oceanic Assets LtdAGM
WH Ireland Group PLCAGM
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
26 Sep 2023 14:26

EARNINGS: Mortgage Advice Bureau loses profit, Accrol boosts revenue

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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16 May 2023 14:34

IN BRIEF: Accrol expects annual results to be in line with market view

Accrol Group Holdings PLC - Blackburn, England-based private-label toilet roll maker - Expects revenue and adjusted earnings before interest, tax, depreciation and amortisation for the year ended on April 30 to be in line with current market expectations. For financial 2022, adjusted Ebitda was GBP9.1 million. Revenue is expected at GBP241.8 million for financial 2023, up 52% from GBP159.5 million the year before.

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2 May 2023 13:46

IN BRIEF: Accrol names Chris Welsh, once of Ineos, as new CFO

Accrol Group Holdings PLC - Blackburn, England-based private-label toilet roll maker - Promotes Chris Welsh to chief financial officer, effective immediately. He replaces Richard Newman, who resigns as CFO and steps down from board. Newman will remain with the company until the audit process for its financial 2023 results is completed. Says Welsh joined Accrol in October last year, earmarked to become CFO as part of the board's succession planning. Prior to this, says Welsh held several senior finance roles at chemical manufacturer Ineos, most recently as head of financial reporting in its Enterprises unit.

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1 Mar 2023 15:21

TRADING UPDATES: Accrol deal with Unilever; Harland & Wolff optimistic

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

Read more

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