In H116, Norcros has seen good revenue progress from both divisions and we expect to see higher profit when results are reported on 12 November. In addition, we expect further y-o-y progress in H2 and full year expectations are unchanged. Our recent initiation note highlighted growth aspirations, which are yet to be reflected in the share price.
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Sound H116 progress
In H116, Norcros has seen good revenue progress from both divisions and we expect to see higher profit when results are reported on 12 November. In addition, we expect further y-o-y progress in H2 and full year expectations are unchanged. Our recent initiation note highlighted growth aspirations, which are yet to be reflected in the share price.