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Small cap disappoints the market yet again with terrible trading update
Thursday 22 Mar 2018 Author: Daniel Coatsworth

Shares in toilet roll specialist Accrol (ACRL:AIM) have collapsed by 88.25% in value since the company joined the stock market in June 2016.

Having last year blamed rising costs for a major profit warning, the business has now issued another warning for the same reason.

Accrol says the challenges facing the group are ‘resolvable, given time and experienced handling’. However, it adds that fixing the issues will be a demanding task and one not without execution risk.

The company buys paper feeds from overseas and turns them into toilet rolls, kitchen rolls and facial tissues.

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