Norcros - Overseas challenges reduce estimates
Some pressure on local South African profitability and transitory effects of disrupted China supply lead us to reduce our Norcros earnings...
682 Views
Norcros - Strength in diversity
The nature of a portfolio business is that all parts do not necessarily move forward at the same rate. Norcros’s double-digit progress in H120...
839 Views
Norcros - Maintaining forward progress
Sustained UK progress is the headline message from the H120 update in our view. Low single-digit growth here is not eye-catching but is certainly...
1.2k Views
Norcros - Growing and investing
Norcros continues to deliver a progressive trading performance ahead of local market conditions and in line with management guidance. Its share...
28 Views
Norcros - Positive progress in H1
The Norcros H119 pre-close update reiterated management’s expectations for progress in FY19. Trading newsflow was similar to that reported in Q1 –...
47 Views