Accsys has announced its preliminary results for the year ended 31st March 2025 (FY25). Delivered FY25 results significantly ahead of prior year with adjusted EBITDA up 125% year-on-year to Euro 10.8 million.
13% increase in total Accoya sales volumes against a backdrop of challenging macroeconomic conditions, demonstrating strong product demand with double digit growth across all regions.
Group revenues were Euro 136.6 million, in line with previous year, driven by strong growth in Europe that fully replaced the sales volumes transferred to Accoya USA JV. 8% increase in aggregated revenues at Euro 147.4 million driven principally by increased global sales volumes from the Group and the JV.
Improvement in gross margin to 30.3%, resulting from favourable sales mix, operational efficiencies and continued disciplined pricing
Group Underlying EBITDA increased by Euro 8.3 million to Euro 16.8 million.
Dr Jelena Arsic van Os, CEO Accsys Technologies PLC said: “Accsys has delivered a year of strong execution and strategic progress; the business is now at an important inflection point. We achieved a significant step-change in profitability, successfully completed the launch of Accoya USA, and positioned the business for disciplined, high-return growth.
Today, Accsys stands as a compelling investment proposition: a business with a de-risked geographic and CapEx profile, proprietary and sustainable premium wood products, and fully operational manufacturing footprints in both Europe and the USA. With Phase I of our FOCUS Strategy already yielding results, we are optimising asset returns and driving profitable volume growth. Our roadmap is clear, we are focused on our priorities, and we have the experienced leadership team to deliver sustained value creation in the years ahead.”
Accsys is the world’s leading supplier of premium, high performance and sustainable wood building materials.
