Norcros (GB:NXR) has released an update.
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Norcros PLC, a leader in bathroom and kitchen product design, has reported steady market performance with profits meeting expectations despite a challenging economic climate. The company’s half-year revenue is expected to match the previous year’s on a constant currency basis, although reported revenue shows a 7% decrease to approximately £188 million. Looking ahead, Norcros remains optimistic, expecting to continue gaining market share and achieving full-year profit forecasts in line with market projections.
For further insights into GB:NXR stock, check out TipRanks’ Stock Analysis page.
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