FY16 was a year of strategic and financial progress for Norcros, with improved profit contributions from both reporting regions and two acquisitions completed. The company’s rating has yet to reflect this momentum in our view.

22 Apr 2016
Strategic and financial progress

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Strategic and financial progress
Norcros plc (NXR:LON) | 266 -23.9 (-3.3%) | Mkt Cap: 239.3m
- Published:
22 Apr 2016 -
Author:
Toby Thorrington -
Pages:
3 -
FY16 was a year of strategic and financial progress for Norcros, with improved profit contributions from both reporting regions and two acquisitions completed. The company’s rating has yet to reflect this momentum in our view.