Norcros Reports Strategic Gains Amid Revenue Decline

Norcros ( (GB:NXR) ) has shared an announcement.

Norcros PLC reported its financial results for the year ended March 31, 2025, highlighting strategic execution that led to market share gains and margin growth despite a 6.1% decline in revenue. The company achieved a record underlying profit in the UK and Ireland and maintained a strong balance sheet, with strategic initiatives including the sale of Johnson Tiles UK and a focus on organic growth, operational excellence, and ESG goals. The company remains confident in achieving its medium-term strategic targets, with expectations for FY26 unchanged amid uncertain market conditions.

The most recent analyst rating on (GB:NXR) stock is a Buy with a £375.00 price target. To see the full list of analyst forecasts on Norcros stock, see the GB:NXR Stock Forecast page.

Spark’s Take on GB:NXR Stock

According to Spark, TipRanks’ AI Analyst, GB:NXR is a Outperform.

Norcros exhibits a strong financial performance with significant strengths in cash flow and profitability improvements. Technical analysis shows potential upward momentum, although caution is advised due to overbought indicators. Valuation metrics are reasonable, with a good dividend yield. Positive corporate events further enhance confidence in the stock’s outlook.

To see Spark’s full report on GB:NXR stock, click here.

More about Norcros

Norcros is a market-leading group specializing in design-led, sustainable bathroom and kitchen products across the UK, Ireland, South Africa, and select export markets. The company offers mid-premium product ranges known for innovation, design, and sustainability, supported by industry-leading service. Norcros is the number one bathroom products group in the UK and Ireland, with renowned brands such as Triton, MERLYN, Grant Westfield, VADO, Croydex, and Abode in the UK, and Tile Africa, TAL, Johnson Tiles South Africa, and House of Plumbing in South Africa. Headquartered in Wilmslow, Cheshire, Norcros is listed on the London Stock Exchange.

Average Trading Volume: 100,175

Technical Sentiment Signal: Buy

Current Market Cap: £240.7M

For a thorough assessment of NXR stock, go to TipRanks’ Stock Analysis page.