Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.
Copied from RNS - note the last sentence in particular: Commenting, Hans von Celsing, said: "I am honoured to be asked to join the Advanced Oncotherapy Board as Senior Independent Non-Executive Director. The Company's technology is truly amazing and promises to shape the next generation of radiation therapy equipment. What really impresses me is the quality of the team, the deep technical knowledge they have and the Company's collaboration with CERN, the preeminent particle physics institute. The foundation is there for a great commercial success.
All very interesting & positive. I am a newcomer & don't know the background to the Diamond Wood problems - can anyone fill me in? Otherwise it seems like orders are up, the word is spreading, and lots of good stuff to come. The slides of accoya in use, particularly in Denmark, were beautiful.
Paul Clegg, Chief Executive commented: "Accsys has had a highly productive first half of the year. The investment made in sales and marketing over the last two years is now delivering a sustainable trend of highly encouraging revenue growth across all our key global sales territories. "The combination of sales momentum and encouraging progress towards unconditional licence agreements with Solvay and Medite, alongside continuing discussions with a number of other parties, leaves us very well positioned to achieve profitability at a Group level in the medium-term, and I am comfortable that we will meet market expectations for the full year." There will be a presentation relating to these results at 10:00 GMT on Monday 25 November 2013. The presentation will take the form of a web based conference call, details of which are below: Webcast link: Click here or copy and paste ALL of the following text into your browser: http://www.media-server.com/m/p/i3mxokys Conference call details for participants: Participant Telephone Number: +44(0)20 3427 1919 UK Toll Confirmation Code: 6126963 Participants will have to quote the above code when dialling into the conference.
NYSE Euronext Amsterdam: AXS 25 November 2013 ACCSYS TECHNOLOGIES PLC ("Accsys" or "the Company") INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2013 Accsys, the environmental science and technology company whose primary focus is on the production and technology licensing of Accoya®wood and Tricoya®wood elements, today announces interim results for the six months ended 30 September 2013. Unaudited six months to 30 Sept 2013 Unaudited six months to 30 Sept 2012 Change Total Group Revenue €15.8m €9.1m +74% Gross profit €3.5m €1.9m +84% Loss before tax €3.8m €5.4m Improved 30% Period end cash balance €16.9m €20.7m -18% Highlights · Strong performance, in line with market expectations; · Highly encouraging trend of revenue growth, with increases across all key global territories; total revenue increased 74% compared to the corresponding period last year, and by 62% compared to the preceding six month period; · Revenue from the sale of Accoya® increased by 80% to €13.9m in the first half of the year compared to the corresponding period last year; · Group level gross operating margin increased to 22% (Year to 31 March 2013: 18%) as a result of economies of scale benefits and sales price increases; · Arnhem plant is now profitable, recording a positive EBITDA of €0.9m (2012: loss of €0.5m) as a result of record production levels; gross manufacturing profit margin increased from 15% to 19%; · 56% reduction in cash out-flow from operating activities (before changes in working capital) to €1.7m (2012: €3.9m); · Strong balance sheet maintained with cash balance of €16.9m at 30 September 2013; · Continued close working relationship with Solvay ahead of their formal approval of the Accoya® wood licence agreement which is expected by the end of this year; · Tricoya Technologies Ltd, our JV with Ineos formed in order to exploit Tricoya® wood elements globally, entered into a joint development, production and distribution licence agreement in July with Medite, to build and run a Tricoya plant with an initial capacity of 30,000 metric tonnes with exclusive rights to sell in UK, Ireland and the Netherlands; · Total of 50 distribution or agency agreements now in place, an increase of eight since 31 March 2013, covering most of Europe, Australia, Canada, Chile, India, Israel, Morocco, North America, New Zealand and parts of East and South East Asia; and · TRADA extended the service life of Accoya® windows to at least 70 years, demonstrating Accoya performs significantly better than even the most durable hardwood timbers. Paul Clegg, Chief Executive commented: "Accsys has had a highly productive first half of the year.