Norcros plc

Norcros plc

LLSE:NXR
298.00
GBX
-7.00
(-2.30%)
24.98BMarket Cap
Nov 19Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
3.71
3.71
3.86
4.4
4.41
4.13
4.26
4.02
4.9
5
4.41
3.98
4.42
- -
Basic EPS, GAAP
0.15
0.14
0.21
0.14
0.15
0.24
0.14
0.19
0.32
0.19
0.3
0.04
- -
- -
Free Cash Flow per Basic Share
0.1
0.12
0.16
0.24
0.14
0.29
0.26
0.63
0.11
0.21
0.33
0.13
0.29
- -
Dividend per Share
0.05
0.05
0.06
0.07
0.07
0.08
0.09
- -
0.11
0.1
0.1
0.1
0.11
- -
Book Value per Share
1.1
0.87
0.77
0.92
1.3
1.56
1.3
1.84
2.47
2.36
2.49
2.32
2.2
2.2
Tangible Book Value per Share
0.65
0.43
0.04
0.19
0.07
0.38
0.1
0.68
1.36
0.49
0.69
0.61
0.11
0.11
Basic Weighted Avg Shares
59
60
61
62
68
80
80
81
81
88
89
89
89
89
Sales/Revenue/Turnover
219
222
236
271
300
331
342
324
396
441
392
356
393
- -
Operating Margin (%)
5.85
4.77
7.08
6.19
6.53
7.58
5.2
7.68
9.13
6.24
10.18
2.7
5.64
- -
Depreciation Expense
6
6
6
6
6
7
11
9
9
10
9
10
11
- -
Net Income, GAAP
9
8
13
9
10
19
11
15
26
17
27
4
- -
- -
Effective Tax Rate (%)
- -
- -
- -
- -
26.67
23.62
27.33
18.92
22.12
22.58
17.79
- -
31.54
- -
Profit Margin (%)
3.98
3.69
5.51
3.13
3.3
5.86
3.19
4.63
6.48
3.81
6.83
0.98
0.08
- -
Working Capital
44
42
52
60
75
84
110
67
90
104
102
93
97
97
LT Debt
31
18
36
30
64
58
104
37
37
98
84
74
121
121
Total Equity
66
53
48
57
105
126
104
148
200
210
222
208
198
198
Return on Invested Capital (%)
12.56
11.94
18.03
14.57
9.46
10.22
6.29
9.71
12.59
7.46
10.24
- -
4.84
- -
Return on Capital (%)
11.74
12.4
17.18
10.23
8.06
11.91
6.99
9.12
12.9
7.73
10.57
- -
1.68
- -
Return on Common Equity (%)
13.69
13.87
25.92
16.31
12.28
16.85
9.47
11.87
14.74
8.18
12.38
1.63
0.15
- -

Capital Structure

GBP

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
ST Debt
7
7
8
LT Borrowings
60
58
98
LT Finance Leases
14
13
23
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
90
90
90
Market Capitalization
207
237
250

Working Capital

GBP

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
Total Current Assets
188
181
203
Cash, Cash Equivalents & STI
23
27
32
Accounts Receivable, Net
65
74
69
Inventories
88
80
88
Total Current Liabilities
95
94
106
Payables & Accruals
- -
- -
- -
ST Debt
7
7
8
Deferred Revenue
- -
- -
- -

Growth Rates

GBP

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
18.36%
6.9%
-4.71%
Free Cash Flow
41.77%
27.42%
119.83%
Net Income, GAAP
-1.05%
-16.43%
-91.43%
Sales/Revenue/Turnover
5.78%
4.75%
10.57%
Total Cash Common Dividend
- -
- -
3.26%

Semi-annual Revenue

GBP

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
392
2025
- -
- -
356
2026
- -
- -
393

Semi-annual Earnings Per Share

GBP

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.3
2025
- -
- -
0.04
2026
- -
- -
- -

Semi-annual Dividends Per Share

GBP

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.1
2025
- -
- -
0.1
2026
- -
- -
0.11

Company Description

CEO
Thomas Willcocks
Full Time Employees
2,045
Sector
Producer manufacturing
Industry
Building products
Address
Ladyfield House Wilmslow CH United Kingdom SK9 1BU
IPO Date
Jul 19, 2007
Business
Norcros plc is the United Kingdom and Ireland's leading bathroom products group that designs, manufactures, sources and supplies sustainable, design-led bathroom and kitchen products including showers, shower enclosures and trays, taps and brassware, wall panels, accessories, tiles, adhesives and plumbing materials; its UK and Ireland portfolio encompasses the Triton, Merlyn, Grant Westfield, VADO, Croydex and Abode brands serving trade, retail, online and commercial channels with over 1,000 blue-chip customers; in South Africa, it operates as the second-largest bathroom products group through Tile Africa, TAL, Johnson Tiles South Africa and House of Plumbing, providing ceramic tiles, tiling installation products, sanitaryware and plumbing solutions via an integrated model from production to retail. Founded originally in 1901 and relisted on the London Stock Exchange in 2007, Norcros plc maintains headquarters in Wilmslow, Cheshire, United Kingdom, with primary operations in the UK, Ireland and South Africa alongside selected export markets including recent expansion into Scandinavia and Central Europe. Recent developments include the October 2025 completion of its £46 million acquisition of Fibo Holding AS, a Norwegian wall panel specialist that enhances earnings and provides a platform for geographic growth; the May 2024 sale of Johnson Tiles UK to its management team; the June 2025 shutdown of manufacturing at Johnson Tiles South Africa following a strategic review; and robust half-year results to October 2025 with revenue of £184.3 million, up 0.8% on constant currency, underlying operating profit up 7.4% to £21.9 million and operating margin expansion to 11.9%.