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Norcros – “pleased” with trading and “well placed to make further progress” BUY

By Tom Winnifrith & Steve Moore | Saturday 14 April 2018


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


UK and South Africa supplier of bathroom and kitchen products, tiles and adhesives Norcros (NXR) has updated on trading for its year ended 31st March 2018, including “we are pleased with our overall performance during the year. Despite a backdrop of challenging market conditions, the board believes that the resilience of our diversified business portfolio and the strength of our market positions leaves the group well placed to make further progress”

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