London-based Accsys Technologies plc, whose manufacturing plant is in the Netherlands, also said it was raising Accoya prices and a retail ready-machined decking product was being trialled across Europe.

Customer sales rose to €16.4m (2012: €11.3m) reflecting "strong demand". Total revenue was up 25% to €18.8m (2012: €15m).
Accsys said it expected its Arnhem manufacturing facility to achieve positive earnings before interest, tax, depreciation and amortisation (EBITDA) at 50% of its current capacity in the current year.

Accoya price increases in all regions will become effective over the first quarter of the 2013/14 financial year, while the new Accoya decking product retail trial will be launched by licensee Solvay-Rhodia in over 40 European outlets.

"We are pleased by the growth in our underlying Accoya sales and generation of positive gross margin which we have achieved despite continuing difficult economic conditions impacting the construction industry," said CEO Paul Clegg.

"The ongoing recognition of the many superior benefits of our products, combined with increased sales recorded by both existing as well as new distributors, give us confidence that growth will continue."