Norcros (GB:NXR) has released an update.
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Norcros PLC reported a steady year with a robust performance and underlying operating profits in line with market expectations, despite a challenging environment and an 11.1% revenue drop from the previous year. The company remains confident in its medium-term growth strategy, having laid strong foundations, and continues to see encouraging signs in current trading with a 2.2% increase in group revenue on a constant currency like-for-like basis. Norcros’ strategy has been successful in driving market share gains and improving margins, while also focusing on sustainability and operational excellence.
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