Accsys Technologies (GB:AXS) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Accsys Technologies PLC has announced the commencement of commercial operations at its new Accoya USA plant in Kingsport, Tennessee, a joint venture with Eastman Chemical Company, aiming for a production volume of 100,000m³ in three years. The company reported a solid first quarter in FY2025, with a 3% revenue growth to €35.9m and strong demand across North America and European markets, along with a positive start to Q2 and a robust order book. Accoya’s products, known for durability and stability, contribute to the company’s confident outlook on sustained growth.
For further insights into GB:AXS stock, check out TipRanks’ Stock Analysis page.