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Norcros Sees Market Share Growth Amid Revenue Dip

Norcros Sees Market Share Growth Amid Revenue Dip

Norcros (GB:NXR) has released an update.

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Norcros PLC reported a resilient performance for the six months ending September 2024, with a slight dip in revenue to £188.4 million and underlying operating profit of £19.7 million. The company achieved market share growth in the UK despite challenging demand, driven by strategic initiatives in product development and cross-selling. Norcros remains confident in its potential for continued expansion within the bathroom and kitchen product markets.

For further insights into GB:NXR stock, check out TipRanks’ Stock Analysis page.

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