Norcros recently hosted a Capital Markets Day (CMD) signalling a change in how the business communicates with the market. In recent history it has focused on growing its share of the highly fragmented bathroom and kitchen product markets organically and through acquisition. This has resulted in a portfolio of businesses with varying degrees of capital intensity and profitability but created a Group of scale (c. £450m revenue) with strong positions in its end markets. Last week’s CMD was evidence ....
10 May 2024
Norcros (NXR LN) - Capital Markets Day – taking the next step
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Norcros (NXR LN) - Capital Markets Day – taking the next step
Norcros plc (NXR:LON) | 220 6.6 1.4% | Mkt Cap: 196.7m
- Published:
10 May 2024 -
Author:
Andy Hanson -
Pages:
9
Norcros recently hosted a Capital Markets Day (CMD) signalling a change in how the business communicates with the market. In recent history it has focused on growing its share of the highly fragmented bathroom and kitchen product markets organically and through acquisition. This has resulted in a portfolio of businesses with varying degrees of capital intensity and profitability but created a Group of scale (c. £450m revenue) with strong positions in its end markets. Last week’s CMD was evidence ....