In an interim statement released today, the company says revenue increased to €10.1m in the quarter to the end of June, compared with €7.9m for the same period last year. Within this, revenue from sales of Accoya increased by 37% to 9.2m (2013: €6.7m) and sales to Accoya customers, excluding Medite, were up 33% to €8.2m.
Total Accoya production volumes for the quarter increased by 46% to 7,618m3 (2013: 5,224m3).
Sales to Medite, for the manufacture of Medite Tricoya, rose by 73% to €991,000 (2013: €573,000).
The company said demand for Accoya continued to increase and it expected sales would continue to grow over the remainder of the year.
Production changes at the manufacturing plant in Arnhem resulted in increased volumes and, coupled with price increases at the end of the last financial year, improved the facility’s profitability.
Accoya distributor and agency agreements now cover most of Europe, Australia, New Zealand, North America, Chile, China, India, Mexico, Morocco, South Africa and parts of South-east Asia.
Accoya licensee Solvay has confirmed its intention to build a production plant in Freiburg, Germany, which is expected to come on stream in the first half of 2016.
In June, Accsys announced it had appointed Snavely Forest Products as a distributor in the US.
