tiprankstipranks
Norcros Sees Market Share Growth Amid Revenue Dip
Company Announcements

Norcros Sees Market Share Growth Amid Revenue Dip

Norcros (GB:NXR) has released an update.

Pick the best stocks and maximize your portfolio:

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.

Related Articles
TipRanks UK Auto-Generated NewsdeskNorcros PLC Sees Major Shareholder Shift
TipRanks UK Auto-Generated NewsdeskNorcros Updates Share Capital and Voting Rights
TipRanks UK Auto-Generated NewsdeskNorcros plc Hosts Interactive Investor Session
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App