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Results: ACRL

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Accrol – hopefully prior warnings here were heeded as now a further profit warning and a “strategic review”

Previously writing on “the UK's leading independent tissue converter” Accrol (ACRL) in October with the shares falling below 40p, I concluded that the group argues the latest are “short-term external challenges”, but also raw material supply chains “further tightening in recent weeks”. As such, hopefully the prior warning was heeded and the stance remains avoid. Today a further trading update and the shares... further down to 25p. So what’s the latest?...

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