Norcros Results Year ended 31 March 2024, Strategic Success and Sustainable Growth

This Norcros plc (LON:NXR) presentation with CEO Thomas Willcocks and CFO James Eyre provides an overview of the strategic initiatives and key performance metrics that have driven Norcros’ market-leading growth over the past year.

The presentation highlights four core initiatives: portfolio development, organic growth, operational excellence, and ESG, which have collectively contributed to the company’s success. The discussion includes decisive actions such as the closure of Norcros Adhesives and the sale of Johnson Tiles UK, enabling improved portfolio quality. Financial highlights, including revenue and profit margins, are examined, showcasing robust performance in the UK and Ireland despite challenging market conditions in South Africa. The presentation also underscores the company’s resilience, strategic positioning in the mid-premium market, and commitment to sustainability, driving continued growth and market consolidation.

Click to view all articles for the EPIC:
Or click to view the full company profile:
Facebook
X
LinkedIn
Norcros Plc

More articles like this

Norcros Plc

M&T Development achieves aesthetic excellence with tile solution

M&T Development, a property company specialising in residential, commercial, industrial, and retail projects, sought a tile solution that prioritised aesthetics alongside durability and functionality. The tiles had to complement the architectural design of their new office

Norcros Plc

Designing a classic New York apartment look

Creating the quintessential New York apartment style involves a blend of minimalism and urban-industrial design. New York, known for its unique architecture and vibrant lifestyle, offers inspiration for interiors that balance sophistication with practicality. To replicate

Norcros Plc

Designing your dream bathroom with MERLYN

Bathrooms are rapidly becoming one of the most important spaces in the home, offering a sanctuary for relaxation and wellness. Central to this evolution is the shower enclosure, which is increasingly viewed as the focal point

Norcros Plc

Transform your bathroom with summer’s latest trends

Give your bathroom a fresh update this summer with the latest trends. Embrace bold, colourful designs or create a serene, spa-like retreat right at home. Say goodbye to plain white walls and welcome vibrant hues that

Norcros Plc

Design a relaxing sanctuary with a tranquil bathroom scheme

In today’s fast-paced world, bathrooms have evolved into essential spaces for relaxation and rejuvenation. The Omika collection by VADO captures this trend, offering a bathroom design that prioritises well-being and tranquility. Inspired by the serene atmosphere

Norcros Plc

Elevate Your Home with Tile Africa

Revitalising your home doesn’t have to be expensive. Your home should reflect your personal style, and with a broad selection of tiles, laminates, and bathroom ware, it’s easy to achieve the look you desire without overspending.

Norcros Plc

Inkjet technology drives innovation in tile design

Inkjet technology has revolutionised the world of tile design, allowing for the creation of visuals previously unimaginable. Designers can now blend, overlay, and alter images to open up a vast array of design possibilities. As with

Norcros Plc

Tackling the tile challenge with Johnson Tiles SA

The tiles for the project had to meet high standards of quality, affordability, and durability. They also needed to align with the interior design concept and be readily available in bulk for immediate use across various

Norcros Plc

Johnson Tiles revolutionises home decor with concrete look

Johnson Tiles has introduced an innovative way to incorporate the trendy concrete look into home décor through their new Inkjet printer. Traditionally, raw concrete flooring was avoided due to its cold and industrial appearance. However, this

Norcros Plc

Creating a modern and luxurious wet room on a budget

Creating a modern, luxurious bathroom is achievable with a wet room, a waterproof space that offers a contemporary look. While it can be a significant investment, there are ways to design one within a budget. Here

Norcros Plc

Triton volunteers tackle beach clean in North Wales

In June, a team of Triton volunteers traveled to Talacre Beach in North Wales to participate in their first beach clean in collaboration with the Marine Conservation Society (MCS). The event was part of the celebrations

Norcros Plc

Thermostatic showering explained

A shower is a vital part of daily routines, whether it’s to kickstart the day or to unwind after work. However, these moments can be spoiled by sudden changes in water temperature. We’ve all experienced the

Norcros Plc

Norcros annual results hit the target

Annual results for Norcros, the Wilmslow-based bathroom and kitchen supplies group, were pretty much on target, as revealed today. A trading update in April estimated the final figures for the year to March 31, 2024, and