UK's Accsys Technologies falls on slower-than-expected FY27 trading start

By Reuters News

** Shares of wood building products maker Accsys Technologies ACCS.L fall as much as 10.9% to 63.5p; stock hits lowest level in over five months

** Co says FY27 trading started slower than expected as inflation and higher interest rates made consumers more cautious and delayed projects

** Reports revenue of €56 mln ($64.3 mln) for five months ended Aug. 31, compared to €60.4 mln a year ago

** Expects FY adj EBITDA in the range of €21 mln to €23 mln, compared to market consensus of €28.8m

** Stock up ~6.5% YTD


($1 = 0.8712 euros)

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