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ACCSYS TECHNOLOGIES PLC« Terug naar discussie overzicht

16-06-2015 cijfers

161 Posts
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  1. [verwijderd] 16 juni 2015 09:20
    In March 2015 we made a number of key changes in respect of Tricoya® Technologies Limited (‘TTL’) and the Tricoya® project, central to
    which was the agreement of a Memorandum of Understanding (‘MoU’) with a large international chemical group (the ‘Chemical Group’) to
    replace our joint venture partner, Ineos.
    The changes are expected to optimise our participation in the building and operation of the world’s first Tricoya® wood elements acetylation
    plant, including allowing Accsys to derive revenue from both licensing and manufacturing in the future.
    We also acquired the 50% share in TTL previously owned by Ineos, giving Accsys 100% ownership and control of TTL until a new
    ownership structure is established. We are now in detailed discussions with other parties which are expected to lead to the creation of a
    new consortium, including the Chemical Group, to fund, build and then operate the Tricoya® production plant.
    Accsys and the Chemical Group are now jointly undertaking a detailed site feasibility review to examine whether the plant should be
    optimally located on one of the Chemical Group’s existing sites. This feasibility review and related detailed study and engineering work are
    expected to be completed by the end of 2015 with the plant expected to be operational by the end of 2017. The Chemical Group is
    contributing both financial and technical support during this period.
    Medite, our founding Tricoya® joint development partner, also confirmed its interest in participating in the new consortium and on-going
    engagement with TTL to realise Tricoya’s® full potential. It is anticipated Medite will remain a key partner in respect of the Tricoya®
    production plant which is expected to replace Medite’s own Tricoya® production plant in Ireland under their existing joint development,
    production and distribution licence agreement with TTL.
    Following Accsys acquiring Ineos’s share in TTL and Ineos relinquishing its obligations as a TTL shareholder, Ineos is continuing to provide
    key engineering and technical personnel to TTL on a contractual basis in the near term. As a result of the agreement with Ineos, TTL is fully
    consolidated by Accsys as at 31 March 2015.
    The above changes have been made at the end of a year that has seen sales of Medite Tricoya® increased by approximately 73%
    compared to the year before. Growth was across Medite’s key markets and being used in façade cladding, siding, trim, outdoor furniture
    and wet interior applications. In addition to the business developing through distributors, growth was also realised with industrial
    customers, such as producers of exterior doors.
    Intellectual Property
    Accsys has considerably increased its number of pending patent applications in the recent period by expanding its patent families to 19,
    including those relating to Tricoya®. Applications filed now number 157, filed in 50 countries. To date 27 patents have been granted in
    various countries throughout the world.
    Our principal trademark portfolio remains unchanged with our brands Accoya®, Tricoya®, the Trimarque device and Accsys®, including
    transliterations in Arabic, Chinese and Japanese, protected by registration in 56 countries.
    The Company’s patents and trademarks cover the products we and our distributors and licensees sell, and the processes by which these
    products are made, throughout the world.
    In addition to Accsys’s extensive patent and trade-mark portfolio, the Company continues to invest in the generation and protection of
    valuable know-how and confidential information relating to its products and processes, protected by way of confidentiality protocols and
    contractual agreements.
  2. TheSnurks 16 juni 2015 09:23
    TTL has been accounted for during the period using the equity method reflecting that it was a joint venture. On 31 March 2015, Accsys
    agreed to acquire Ineos’s 50% equity interest as part of terms which included the termination of the joint venture agreement and for
    consideration of €1. Therefore as at 31 March 2015, Accsys owned 100% of the share capital of TTL and its balance sheet has been fully
    consolidated.
  3. [verwijderd] 16 juni 2015 09:39
    quote:

    DeZwarteRidder schreef op 16 juni 2015 09:26:

    Een bedrijf dat met deze groeicijfers nog steeds een groot verlies maakt is een hopeloos bedrijf.
    Nu spreek je jezelf toch tegen. Eerder heb je nog gesteld dat emissies voor uitbreiding van de productie onvermijdelijk waren. Die emissies zijn er niet meer geweest, maar de productie loopt wel op en daarmee de marges. De cash positie is voldoende om ook komend jaar niet met emissies te maken te krijgen.
  4. forum rang 10 DeZwarteRidder 16 juni 2015 09:42
    quote:

    RW1984 schreef op 16 juni 2015 09:39:

    [...]
    Nu spreek je jezelf toch tegen. Eerder heb je nog gesteld dat emissies voor uitbreiding van de productie onvermijdelijk waren. Die emissies zijn er niet meer geweest, maar de productie loopt wel op en daarmee de marges. De cash positie is voldoende om ook komend jaar niet met emissies te maken te krijgen.
    Maak je maar geen zorgen, die emissie komt heus nog wel.

    Het bedrijf is hopeloos omdat het op bijna volle capaciteit nog steeds verlies draait.
  5. [verwijderd] 16 juni 2015 09:57
    quote:

    DeZwarteRidder schreef op 16 juni 2015 09:42:

    [...]
    Maak je maar geen zorgen, die emissie komt heus nog wel.

    Het bedrijf is hopeloos omdat het op bijna volle capaciteit nog steeds verlies draait.
    De capaciteit van Arnhem ligt nu op 40.000 m³ en de productie lag op 33.483 m³. Daarnaast is de Solvay fabriek in Freiburg in aanbouw. Verder is een positieve cashflow dichtbij, wat betekent dat Accsys uit eigen middelen uitbreidingen kan betalen of leningen kan aflossen.
  6. forum rang 10 DeZwarteRidder 16 juni 2015 09:57
    quote:

    Cementwagen schreef op 16 juni 2015 09:54:

    Paul Clegg:
    “Our position now is stronger than at any point in our history and we continue to evolve our business model as we build towards becoming cash-flow positive in the year ahead and, longer term, achieving profitability.”
    Zou hij ook de politiek ingaan....???? lol
  7. GrindNshiP 16 juni 2015 10:18
    Dit gaat nu wel erg ruig. Blijkbaar zijn veel mensen toch teleurgesteld dat er afgelopen nog geen zwarte cijfers worden gedraaid?

    De berichten zijn in mijn ogen hoopgevend. Voor mij komt het niet direct aan op een kwartaal eerder of later als het gaat om winstgevendheid. Nu speel ik break even...dus wellicht nog wat bijkopen in deze 'paniek'.
161 Posts
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