Accsys Technologies (AXS): Accoya USA joint venture ramp-up
This situation live
AXS Accsys Technologies
25 Nov 2025 · Near break-even in H1, sales accelerating · +10% until the next step
Sales are accelerating in North America and, notwithstanding the impact of the recently announced tariffs, we expect the JV to be EBITDA positive for the financial year.
21 Apr 2026 · First full year: JV volumes 16,853m³, up 149% · +14% until the next step
Significant sales volume growth of 60% in North America following the first full financial year of trading for Accoya USA, demonstrating the sizeable market opportunity.
16 Jun 2026 · First full year: EBITDA profit, volumes +149% · −20% until the next step
JV achieved an EBITDA profit of €0.1m, representing a €6.1m swing in EBITDA profitability year-on-year
21 Sep 2026 · Destocking hit US; FY growth now single digit · −14% since
Accordingly, we anticipate growth in North America for the full year to be at single digit levels.
Accoya USA joint venture ramp-up
Destocking hit US; FY growth now single digit
NOV24
Next: interim results with H1 trading and North America update in 31 days
Every step · 4
- 25 Nov 2025 Near break-even in H1, sales accelerating – Sales are accelerating in North America and, notwithstanding the impact of the recently announced tariffs, we expect the JV to be EBITDA positive for the... ↗
- 21 Apr 2026 First full year: JV volumes 16,853m³, up 149% – Significant sales volume growth of 60% in North America following the first full financial year of trading for Accoya USA, demonstrating the sizeable market... ↗
- 16 Jun 2026 First full year: EBITDA profit, volumes +149% – JV achieved an EBITDA profit of €0.1m, representing a €6.1m swing in EBITDA profitability year-on-year ↗
- 21 Sep 2026 Destocking hit US; FY growth now single digit – Accordingly, we anticipate growth in North America for the full year to be at single digit levels. ↗
What is happening
Accsys Technologies: Accoya USA joint venture ramp-up – Destocking hit US; FY growth now single digit. ['Destocking hit US; FY growth now single digit']
- Announced
- 25 Nov 2025 · Near break-even in H1, sales accelerating
- Latest
- 21 Sep 2026 · Destocking hit US; FY growth now single digit
- What it changes
- Reverses the earlier 'in line' FY27 message: five-month sales fell and US growth is cut to single digits, so FY27 adjusted EBITDA guidance of €21m-€23m is well below consensus of €28.8m.
What comes next
interim results with H1 trading and North America update (24 Nov 2026).
From the company's own announcements. Not investment advice.
Briefing Pro
New to Accsys Technologies? Get up to speed in 2 minutes.
What it does, how it got here, what management promised and delivered – written from its own announcements.
Get the AXS briefing →Also at Accsys Technologies 1 open
Turnaround plan with targetsFOCUS growth strategy Phase 1 – Company says still on track for FY27 targets
Accsys Technologies – company page →