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Norcros Reports Strong Interim Results with Strategic Growth Initiatives

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Norcros Reports Strong Interim Results with Strategic Growth Initiatives

TipRanks Black Friday Sale

Norcros ( (GB:NXR) ) just unveiled an announcement.

Norcros plc, the leading branded bathroom products business in the UK and Ireland, reported a strong financial performance for the 27 weeks ending 5 October 2025, with profits and margins improving significantly. The company achieved a 1.3% increase in revenue to £184.3m and a 7.4% rise in underlying operating profit to £21.9m. Strategic initiatives, including the acquisition of Fibo in Norway and the closure of Johnson Tiles SA, have positioned Norcros for further growth and market share gains. The company remains confident in achieving its medium-term targets, driven by its strong brand positioning and strategic execution.

The most recent analyst rating on (GB:NXR) stock is a Hold with a £321.00 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 Neutral.

The overall stock score of 64 reflects a mixed outlook. The most significant factor is the company’s financial performance, which shows challenges in profitability and rising leverage. Technical analysis indicates strong momentum, but the valuation suggests the stock may be overpriced. The absence of earnings call data and corporate events means these factors did not influence the score.

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, Scandinavia, South Africa, and select export markets. The company offers mid-premium product ranges through renowned brands like Triton, Merlyn, Grant Westfield, Vado, Croydex, and Abode, and is listed on the London Stock Exchange.

Average Trading Volume: 84,782

Technical Sentiment Signal: Buy

Current Market Cap: £260.8M

Learn more about NXR stock on TipRanks’ Stock Analysis page.

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