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Pin to quick picksAccrol Gp Share News (ACRL)

Share Price Information for Accrol Gp (ACRL)

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UK Financial Watchdog Closes Probe Into Accrol Financial Statements

Mon, 20th Jan 2020 09:26

(Alliance News) - Tissue maker Accrol Group Holdings PLC on Monday said the UK financial regulator has ended an investigation into the company.

A year ago, the Financial Conduct Authority began looking into "certain statements" made by Accrol, between April and November 2017.

This was then widened into looking at financial statements going back to Accrol's listing in London during 2016. Accrol added its financial report for its year ended April 2018 had already "identified misstatements" for financial 2017, ended April 2017.

Accrol confirmed on Monday the FCA will be taking no action against the Blackburn-based company.

Shares were 1.8% higher on Monday at a price of 39.45 pence each. In 2017, they reached 150p.

Earlier in January, Accrol reported a narrowed pretax loss for the six months to October 2018, which it attributed to the completion of a turnaround plan.

By George Collard; georgecollard@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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8 May 2024 15:55

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Friday 10 May 
Cairn Homes PLCAGM
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Irish Residential Properties REIT PLCAGM
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Standard Chartered PLCAGM
Wheaton Precious Metals CorpAGM
Monday 13 May 
88 Energy LtdAGM
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Tuesday 14 May 
Aptitude Software Group PLCAGM
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Luceco PLCAGM
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Wednesday 15 May 
Accrol Group Holdings PLCGM re takeover by Navigator Paper
Aura Renewable Acquisitions PLCAGM
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Bridgepoint Group PLCAGM
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Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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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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Copyright 2023 Alliance News Ltd. All Rights Reserved.

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26 Sep 2023 14:26

EARNINGS: Mortgage Advice Bureau loses profit, Accrol boosts revenue

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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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