Norcros - Adapting to changing markets
The Norcros operating companies largely performed relatively well in challenging market conditions (in both the UK and South Africa) in FY20 though...
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Norcros - FY20 outturn affected by COVID-19
The developing coronavirus pandemic has affected year-end trading for Norcros, with an indicated c £4m impact on EBIT. Operational shutdowns...
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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...
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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...
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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...
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