The Norcros operating companies largely performed relatively well in challenging market conditions (in both the UK and South Africa) in FY20 though year end trading was affected by COVID-19 lockdowns, as flagged previously. The group’s financial position appears robust following management actions (including foregoing an FY20 final dividend) and well-placed to both contend with weaker near-term markets and the pursuit of market share gains from a position of relative competitive strengt
03 Jul 2020
Norcros - Adapting to changing markets
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Norcros - Adapting to changing markets
Norcros plc (NXR:LON) | 187 0 0.0% | Mkt Cap: 167.2m
- Published:
03 Jul 2020 -
Author:
Toby Thorrington -
Pages:
8
The Norcros operating companies largely performed relatively well in challenging market conditions (in both the UK and South Africa) in FY20 though year end trading was affected by COVID-19 lockdowns, as flagged previously. The group’s financial position appears robust following management actions (including foregoing an FY20 final dividend) and well-placed to both contend with weaker near-term markets and the pursuit of market share gains from a position of relative competitive strengt