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Norcros Plc

Current Price 229.00p Bid 180.00p Ask 229.00p Change -2.14%
Last Updated: 14/08/2024 15:55. Prices delayed by at least 15 minutes.
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Company Overview

Norcros plc is a United Kingdom-based supplier of bathroom and kitchen products. The principal activities of the Company and its subsidiaries are the design, manufacture, and distribution of a range of bathroom and kitchen products, mainly in the United Kingdom and South Africa. In the United Kingdom, it offers a range of bathroom and kitchen products for domestic and commercial applications. In the United Kingdom, it operates under eight brands: Triton, Merlyn, Vado, Croydex, Abode, Johnson Tiles, Norcros Adhesives and Grant Westfield. Its complementary business in South Africa operates principally from a shared manufacturing and administrative site near Johannesburg. In South Africa, it operates under four brands: Tile Africa, Johnson Tiles South Africa, TAL and House of Plumbing.

Financial Highlights Year Ended 31/03/2024

Revenue
£392.10m
Operating Profit/Loss
£39.90m
Dividend yield (%)
5.50
Total dividend for year
n/ap
Dividend cover
3.18
P/E Ratio
5.70
More Financials

Key Personnel

Mr Thomas Willcocks
Chief Executive Officer
Mr James Eyre
Chief Financial Officer
Mr Steve Good
Non-Executive Chairman
Mr Alison Littley
Non-Executive Director
Mr Stefan Allanson
Non-Executive Director
Ms Rebecca DeNiro
Non-Executive Director

Stock Details

EPIC
NXRL
ISIN
GB00BYYJL418
Shares in Issue
61.00m
Market cap
£139.68m

Analyst Views (1)

Strong Buy
 
0%
Buy
 
100.00%
Hold
 
0%
Sell
 
0%
Strong Sell
 
0%
This information is provided by Web Financial Group (UK) Limited. It is subject to change without notice and doesn't reflect the views held by Redmayne Bentley and is not advice.

Price Summary

Mid Price
229.00p
Bid Price
180.00p
Ask Price
229.00p
Volume
316
Change Today
-5.00p
% Change Today
-2.14%
Open
229.00p
Previous Close
234.00p
Intraday High
229.00p
Intraday Low
229.00p
52 Week High
246.00p
52 Week Low
139.50p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

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Income Statement

Year End Date
31 Mar 2024
31 Mar 2023
 
£ (M)
£ (M)
Continuing Operations
Revenue
392.10
441.00
Operating Profit/Loss
39.90
27.50
Net Interest
-7.30
-5.80
Pre-Tax Profit
32.60
21.70
Profit After Tax from continuing operations
26.80
16.80
Discontinued Operations
Profit After Tax
n/a
n/a
Profit/Loss for the Year
26.80
16.80
Attributable to:
Equity Holders of Parent Company
26.80
16.80
Minority Interests
n/a
n/a
Total Dividend Paid
n/ap
n/ap
Retained Profit/(Loss) for the Financial Year
n/a
n/a

Earnings per Share

Year End Date
31 Mar 2024
31 Mar 2023
Basic
30.10p
19.10p
Diluted
29.80p
18.80p
Adjusted
32.40p
38.00p
Dividend per Share
n/ap
n/ap

Assets

Year End Date
31 Mar 2024
31 Mar 2023
 
£ (M)
£ (M)
Non-Current Assets
Property, Plant & Equipment
46.10
44.80
Intangible Assets
161.20
167.10
Investment Properties
n/a
n/a
Investments
n/a
n/a
Other Financial Assets
n/a
n/a
Other Non-Current Assets
17.20
14.90
Current Assets
Inventories
97.40
103.90
Trade & Other Receivables
72.60
83.30
Cash at Bank & In Hand
30.80
29.00
Current Asset Investments
n/a
n/a
Other Current Assets
n/a
n/a
Other Assets
n/a
n/a
Total Assets
425.30
443.00

Liabilities

Year End Date
31 Mar 2024
31 Mar 2023
 
£ (M)
£ (M)
Current Liabilities
Borrowings
6.30
6.10
Other Current Liabilities
92.90
106.60
Total Current Liabilities
99.20
112.70
Non-Current Liabilities
Borrowings
84.00
97.50
Provisions
15.10
16.20
Other Non-Current Liabilities
4.60
6.20
Total Non-Current Liabilities
103.70
119.90
Other Liabilities
n/a
n/a
Total Liabilities
202.90
232.60

Net Assets

Year End Date
31 Mar 2024
31 Mar 2023
 
£ (M)
£ (M)
Net Assets
222.40
210.40

Capital & Reserves

Year End Date
31 Mar 2024
31 Mar 2023
 
£ (M)
£ (M)
Share Capital
8.90
8.90
Share Premium Account
47.60
47.60
Other Reserves
n/a
n/a
Retained Earnings
165.90
153.90
Shareholders Funds
222.40
210.40
Minority Interests/Other Equity
n/a
n/a
Total Equity
222.40
210.40

Dividend History

Type
Ex-Dividend Date
Payment Date
Payment
Final
27 Jun 2024
02 Aug 2024
6.80p
Interim
30 Nov 2023
16 Jan 2024
3.40p
Final
29 Jun 2023
04 Aug 2023
6.80p
Interim
24 Nov 2022
10 Jan 2023
3.40p
Final
23 Jun 2022
29 Jul 2022
6.90p
Interim
25 Nov 2021
11 Jan 2022
3.10p
Final
24 Jun 2021
30 Jul 2021
8.20p
Interim
28 Nov 2019
10 Jan 2020
3.10p
Final
20 Jun 2019
02 Aug 2019
5.60p
Interim
29 Nov 2018
11 Jan 2019
2.80p
Final
21 Jun 2018
02 Aug 2018
5.20p
Interim
30 Nov 2017
12 Jan 2018
2.60p
Final
22 Jun 2017
03 Aug 2017
4.80p
Interim
15 Dec 2016
12 Jan 2017
2.40p
Final
23 Jun 2016
28 Jul 2016
4.40p
Interim
03 Dec 2015
07 Jan 2016
2.20p
Final
29 Jun 2011
02 Aug 2011
0.24p

Dividend Metrics

Year End Date
31 Mar 2024
31 Mar 2023
Dividend growth
n/a%
2.00%
Dividend yield
5.50%
5.50%
Dividend cover
3.18
3.73


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