Trading in both divisions has clearly improved post the COVID-19 lockdown and Norcros’s robust liquidity position has been maintained. Equally, the focus on cash/cost management, new product innovation and taking market share is undiminished, leaving the company well placed to navigate market conditions. Our estimates remain suspended pending further normalisation of market conditions.
03 Aug 2020
Norcros - Clear trading recovery seen
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Norcros - Clear trading recovery seen
Norcros plc (NXR:LON) | 182 6.4 1.9% | Mkt Cap: 163.5m
- Published:
03 Aug 2020 -
Author:
Toby Thorrington -
Pages:
3
Trading in both divisions has clearly improved post the COVID-19 lockdown and Norcros’s robust liquidity position has been maintained. Equally, the focus on cash/cost management, new product innovation and taking market share is undiminished, leaving the company well placed to navigate market conditions. Our estimates remain suspended pending further normalisation of market conditions.