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.

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