Accsys Technologies PLC (AXS) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome everyone to Axis Technologies PLC Interim Results Presentation for the six months ended September 30th, 2025. Today's speakers are Dr. Jelena Arcek Van Os, Chief Executive Officer of Axis Technologies and Samit Vora, the company's Chief Financial Officer. Jelena and Sam will take you through an overview of the business and financial performance for the year before we open the floor to questions. Please note that we will prioritize in questions from analysts. We will be showing some video during the presentation. You have the option to click on the enlarge button to make the video larger. With this, I would like to pass over to our speakers. Good morning, everybody, and welcome to AXIS interim results presentation for the six months ended September 30th, 2025. I am very pleased to report that we have delivered an excellent first half with a significant improvement in profitability. Our growth across all regions is beating the underlying market trends, showing our focus strategy is effective and that the company is delivering on its promises. Akoya has seen strong growth across its sales regions with a 22% increase in total sales volumes, gaining market share from competitive and alternative materials. Our premium market positioning is proving resilient against continuing macroeconomic challenges. Group revenues increased by 23% on a like-for-like basis compared to the prior year. This comparison adjusts for the transfer of North American sales from the group to Akoya USA, our joint venture with Eastman Chemicals. after it commenced operations toward the end of 8.1 last year. Akoya USA has had an excellent 8.1 performance. It has shown rapid volume growth with North American sales up 61% and positive momentum throughout the period. This demonstrates the strengt...