bullish

Norcros PLC

Norcros - Clear trading recovery seen

93 Views03 Aug 2020 16:04
Issuer-paid
SUMMARY

Trading in both divisions has clearly improved post the COVID-19 lockdown and Norcros’s robust liquidity position has been maintained. Equally, the focus on cash/cost management, new product innovation and taking market share is undiminished, leaving the company well placed to navigate market conditions. Our estimates remain suspended pending further normalisation of market conditions.

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