bullish

Norcros PLC

Norcros PLC - Earnings-enhancing Fibo deal completes

420 Views14 Oct 2025 16:00
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SUMMARY
  • In a strong strategic move, Norcros has announced the completion of the Fibo Holding AS acquisition first announced in July.
  • It enhances the company’s existing stable of brands in a higher growth segment and brings group exposure to adjacent markets, most notably Scandinavia.
  • On our estimates, the deal enhances earnings by 13-14% in a full year, along with new market opportunities for existing operations.
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