Norcros (GB:NXR) has released an update.
Protect Your Portfolio Against Market Uncertainty
- Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter.
- Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox.
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.