Source - Alliance News

Norcros PLC - Wilmslow, England-based bathroom and kitchen product supplier - In the 26 weeks to October 1, revenue falls 8.1% year-on-year to about £202 million from £219.9 million a year prior. Revenue in South Africa declines by about 25%, while revenue in the UK grows 1%. Company highlights national energy supply constraints impacting home market demand in South Africa. Looking ahead, firm expects to meet financial 2024 underlying operating profit market expectations of £43.4 million, down 8.2% from £47.3 million in financial 2023.

Norcros will release its interim results on November 16.

Current stock price: 145.00 pence, down 1.4% on Thursday

12-month change: down 19%

Copyright 2023 Alliance News Ltd. All Rights Reserved.

Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account. AJ Bell logo

Related Charts

Norcros PLC (NXR)

+2.00p (+0.80%)
delayed 18:36PM