Accrol shares fall despite narrowed loss, dividend vow

Shares of Blackburn-based toilet roll and tissue maker Accrol Group fell about 7% on Tuesday after it published results for the six months ended October 31, 2020, showing revenue slipped 4.3% to £62.3 million.

“This was a result of the short-term change in consumer shopping habits, driven by panic buying in March and April 2020 in the first national lockdown,” said Accrol.

Accrol narrowed its interim pretax loss to £503,000 from £3 million a year earlier.

 

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