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Norcros PLC Ord 10P (NXR)

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14-Nov-2019 09:00 AM

Broker Forecast - Peel Hunt issues a broker note on Norcros PLC

Peel Hunt today reaffirms its buy investment rating on Norcros PLC (LON:NXR) and raised its price target to 270p (from 260p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
23-Jul-2019 02:29 PM

Norcros revenue rises 4.9% in first quarter despite UK weakness

Bathroom and kitchen product supplier Norcros said its revenue rose 4.9% in the first quarter, putting it on track to meet its expectations for the full year. On a like-for-like basis, however, revenue was flat amid a 0.4% reduction in sales at its UK bu
12-Jun-2019 08:07 AM

Norcros profit jumps 88% as new UK home builds help sales

Bathroom and kitchen products supplier Norcros booked an 88% rise in annual profit as the UK's buoyant housing construction market helped boost sales. Pre-tax profit for the year through March rose to £25.4m, up from £13.5m on-year, as r
24-May-2019 08:00 AM

Broker Forecast - Peel Hunt issues a broker note on Norcros PLC

Peel Hunt today initiates coverage of Norcros PLC (LON:NXR) with a buy investment rating and price target of 260p. Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
10-Apr-2019 03:09 PM

Norcros sees profits in line as revenue rises 10%

Bathroom and kitchen product supplier Norcros said it expected to post a 10% rise in annual revenue, helping its profit to meet market expectations. Revenue for the year through March was seen rising to £331m, up from £300.1m on-year. On a
13-Jun-2018 07:59 AM

Norcros profit up 17% on higher kitchen, bathroom product sales

Bathroom and kitchen products supplier Norcros posted a rise in annual profit, as market share gains helped boost revenue. Pre-tax profit rose by 17% to £13.5m, as revenue rose 11% to £300.1m. The company declared dividends for the year of 7
11-Apr-2018 07:53 AM

Norcros expects 10.7% revenue lift, to cut 50 jobs in tiles unit

Bathroom products supplier Norcros said its annual revenue was expected to grow by around 10.7% following its acquisition of Merlyn. The company, however, said it would cut another 50 jobs in its underperforming tiles division. Revenue would be in the r
22-Nov-2017 02:02 PM

All resolutions passed at GM of Norcros

Norcros has confirmed that all resolutions, regarding the proposed acquisition of Merlyn Industries and the associated Capital Raising, were passed by shareholders at today's General Meeting. At 2:01pm: (LON:NXR) Norcros PLC share price was -3p a
16-Nov-2017 08:05 AM

Norcros revenue rises by 7.2%

Norcros, a supplier of showers, taps, bathroom accessories, tiles and adhesives, grew its revenue by 7.2% at constant currency, or 12.6% on a reported basis, to £145 million in the six months ended 30 September 2017. Underlying profit before tax gr
02-Nov-2017 09:16 AM

Norcros to acquire Merlyn Industries

Norcros, a supplier of showers, taps, bathroom accessories, tiles and adhesives, has agreed to acquire Merlyn Industries, a designer and distributor of mid to high-end branded shower enclosures, for £60 million. The company intends to conduct a pla
12-Oct-2017 07:49 AM

Norcros revenue up 12.5% on strong UK growth

Norcros, a supplier of showers, taps, bathroom accessories, tiles and adhesives, said group revenue for the first half is expected to be approximately £144.9 million, 12.5% higher than the prior year and 7.1% higher on a constant currency basis. UK
14-Jun-2017 09:46 AM

Norcros improves FY underlying pretax profit

Norcros has posted an underlying pretax profit of £22.9m for the year to March 31, 2017, up from £20.4m previously. "It gives me great pleasure to announce that Norcros has recorded its eighth consecutive year of revenue and underlying o
12-Dec-2016 03:50 PM

Broker Forecast - Canaccord Genuity issues a broker note on Norcros PLC

Canaccord Genuity today initiates coverage of Norcros PLC (LON:NXR) with a buy investment rating and price target of 217p. Story provided by StockMarketWire.com...
14-Jun-2016 09:19 AM

Norcros hikes FY pretax profit

Norcros has upped its FY pretax profit to £15.4m, from £11.0m. Total dividend was 6.6p a share, up from 5.6p, and revenue firmed to £235.9m, from £222.1m. Chairman Martin Towers commented: "I am delighted to announce that No
14-Jun-2016 07:12 AM

Norcros hikes FY pretax profit

Story provided by StockMarketWire.com...
01-Apr-2016 07:42 AM

Norcros acquires Abode Home Products Ltd

Norcros has completed the acquisition of Abode Home Products Ltd for a total consideration of GBP4.8m, of which GBP3.9m has been settled in cash and GBP0.9m is payable in the year to March 31, 2019. The acquisition has been funded entirely by debt throu
02-Mar-2015 03:35 PM

Norcros completes sale of surplus legacy freehold portfolio

Norcros has completed the sale of entire portfolio of surplus legacy freehold properties to Clowes Developments (UK) Ltd for £6.5m cash, as announced on 24 December. At 3:35pm: (LON:NXR) Norcros PLC share price was +0.13p at 16.63p Story provided by
07-Nov-2014 01:12 PM

Norcros acquires freehold of Sheffield property

Norcros - a leading supplier of innovative branded showers, taps, bathroom accessories, tiles and adhesives - has completed the exit of its legacy lease and acquired the freehold of the property at Orgreave Drive, Sheffield, for £3.4m cash. The propert
07-Oct-2014 07:54 AM

Norcros says H1 trading in line with FY expectations

Norcros said performance in the first half is in line with full year market expectations. Group revenue for the 26 week period is expected to be in the region of £108m (2013: £111.2m) which represents year on year growth of 3.2% on a constant currency
23-Jul-2014 07:45 AM

Norcros continues to battle forex headwinds

Norcros said group revenue from continuing operations for the 13 week period to June 29 was 0.9% higher on a constant currency basis compared to the same period last year but 5.7% lower in Sterling reflecting a weaker South African Rand. The company --
19-Jun-2014 07:47 AM

Norcros FY pretax profit rises 12.6%

Norcros booked a FY pretax profit of £5.8m, up 12.6% from £5.2m. Revenue was £218.7m, up 9.2% from £200.4m. Its FY dividend per share was 0.51p, up 10.9% from 0.46p. "Norcros has made significant progress during the year to 31 March 2014, record
10-Apr-2014 07:59 AM

Norcros says financial years ends in line with views

Norcros said its financial year ended in line with market views. FY revenue is seen at about £229m, from £210.7m, representing year on year growth of 16.4% on a constant currency basis and 8.7% on a reported basis. Group underlying operating profit wa
13-Feb-2014 07:52 AM

Norcros confident of progress in line with market view

Norcros said it remains confident the group should continue to make progress in line with market expectations for the current year. Group revenue for the 18-week period to Feb. 2, 2014, was 12.8% up on a constant currency basis compared to the same perio
14-Nov-2013 07:59 AM

Norcros H1 pretax profit slumps to £0.5m

Norcros booked an H1 pretax profit of £0.5m, down from £4.4m a year earlier. Revenue was £116.7m, from £106.3m. It hiked its interim dividend to 0.17p a share, from 0.155p. "Despite the challenging environment, the Board remains confident of the
03-Oct-2013 07:40 AM

Norcros sees H1 revenue up 9.1% to around £116m

Norcros said in a trading update that group revenue for the 26-week period to Sept. 30 is seen at about £116m , or up 9.1% year on year. On a like for like basis, excluding Vado, which was acquired on March 31, revenue was 4.7% lower on a reported basis
 
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