13 June 2024 - final results
Norcros, the supplier of bathroom and kitchen products, has announced its annual results for the year to 31 March and these have come in slightly ahead of our expectations. Revenue for the year fell by 11% to £392.1m with adjusted pre-tax profits declining by 13% to £36.4m. Diluted underlying earnings per share fell by 14% to 32.1p and the annual dividend was maintained at 10.2p per share. These are very creditable results given the challenging trading conditions, notably in the South African business which suffered from significant energy problems. Despite . . .
This content is restricted to members only. We offer three packages from 1 month to a whole year of daily tips, market news and commentary, plus our monthly newsletters.
Registration is quick and simple HERE.
Already a member, log in HERE.
