Share Prices & Company Research

Stockbroking

Norcros Plc

Current Price 188.00p Bid 185.00p Ask 189.50p Change 0.00%
Last Updated: 28/03/2024 12:07. Prices delayed by at least 15 minutes.
Call 0113 243 6941 or search for your local office

Company Overview

Norcros plc is a United Kingdom-based supplier of bathroom and kitchen products. The principal activities of the Company and its subsidiaries are the design, manufacture, and distribution of a range of bathroom and kitchen products, mainly in the United Kingdom and South Africa. In the United Kingdom, it offers a range of bathroom and kitchen products for domestic and commercial applications. In the United Kingdom, it operates under eight brands: Triton, Merlyn, Vado, Croydex, Abode, Johnson Tiles, Norcros Adhesives and Grant Westfield. Its complementary business in South Africa operates principally from a shared manufacturing and administrative site near Johannesburg. In South Africa, it operates under four brands: Tile Africa, Johnson Tiles South Africa, TAL and House of Plumbing.

Financial Highlights Year Ended 31/03/2023

Revenue
£441.00m
Operating Profit/Loss
£27.50m
Dividend yield (%)
5.50
Total dividend for year
n/ap
Dividend cover
3.73
P/E Ratio
4.90

Key Personnel

Mr Thomas Willcocks
Chief Executive Officer
Mr James Eyre
Chief Financial Officer
Mr Steve Good
Non-Executive Chairman
Mr Alison Littley
Non-Executive Director
Mr Stefan Allanson
Non-Executive Director

Stock Details

EPIC
NXRL
ISIN
GB00BYYJL418
Shares in Issue
61.00m
Market cap
£114.67m

Analyst Views (1)

Strong Buy
 
0%
Buy
 
100.00%
Hold
 
0%
Sell
 
0%
Strong Sell
 
0%
This information is provided by Web Financial Group (UK) Limited. It is subject to change without notice and doesn't reflect the views held by Redmayne Bentley and is not advice.

Price Summary

Mid Price
188.00p
Bid Price
185.00p
Ask Price
189.50p
Volume
0
Change Today
0.00p
% Change Today
0.00%
Open
188.00p
Previous Close
188.00p
Intraday High
188.00p
Intraday Low
188.00p
52 Week High
194.50p
52 Week Low
139.50p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

News

Income Statement

Year End Date
31 Mar 2023
31 Mar 2022
 
£ (M)
£ (M)
Continuing Operations
Revenue
441.00
396.30
Operating Profit/Loss
27.50
36.20
Net Interest
-5.80
-3.20
Pre-Tax Profit
21.70
33.00
Profit After Tax from continuing operations
16.80
25.70
Discontinued Operations
Profit After Tax
n/a
n/a
Profit/Loss for the Year
16.80
25.70
Attributable to:
Equity Holders of Parent Company
16.80
25.70
Minority Interests
n/a
n/a
Total Dividend Paid
n/ap
n/ap
Retained Profit/(Loss) for the Financial Year
n/a
n/a

Earnings per Share

Year End Date
31 Mar 2023
31 Mar 2022
Basic
19.10p
31.80p
Diluted
18.80p
31.20p
Adjusted
38.00p
38.90p
Dividend per Share
n/ap
n/ap

Assets

Year End Date
31 Mar 2023
31 Mar 2022
 
£ (M)
£ (M)
Non-Current Assets
Property, Plant & Equipment
44.80
48.90
Intangible Assets
167.10
90.30
Investment Properties
n/a
n/a
Investments
n/a
n/a
Other Financial Assets
n/a
n/a
Other Non-Current Assets
14.90
19.60
Current Assets
Inventories
103.90
100.60
Trade & Other Receivables
83.30
71.10
Cash at Bank & In Hand
29.00
27.40
Current Asset Investments
n/a
n/a
Other Current Assets
n/a
1.60
Other Assets
n/a
n/a
Total Assets
443.00
359.50

Liabilities

Year End Date
31 Mar 2023
31 Mar 2022
 
£ (M)
£ (M)
Current Liabilities
Borrowings
6.10
5.70
Other Current Liabilities
106.60
105.10
Total Current Liabilities
112.70
110.80
Non-Current Liabilities
Borrowings
97.50
37.10
Provisions
16.20
11.00
Other Non-Current Liabilities
6.20
0.30
Total Non-Current Liabilities
119.90
48.40
Other Liabilities
n/a
n/a
Total Liabilities
232.60
159.20

Net Assets

Year End Date
31 Mar 2023
31 Mar 2022
 
£ (M)
£ (M)
Net Assets
210.40
200.30

Capital & Reserves

Year End Date
31 Mar 2023
31 Mar 2022
 
£ (M)
£ (M)
Share Capital
8.90
8.10
Share Premium Account
47.60
30.30
Other Reserves
n/a
n/a
Retained Earnings
153.90
161.90
Shareholders Funds
210.40
200.30
Minority Interests/Other Equity
n/a
n/a
Total Equity
210.40
200.30

Dividend History

Type
Ex-Dividend Date
Payment Date
Payment
Interim
30 Nov 2023
16 Jan 2024
3.40p
Final
29 Jun 2023
04 Aug 2023
6.80p
Interim
24 Nov 2022
10 Jan 2023
3.40p
Final
23 Jun 2022
29 Jul 2022
6.90p
Interim
25 Nov 2021
11 Jan 2022
3.10p
Final
24 Jun 2021
30 Jul 2021
8.20p
Interim
28 Nov 2019
10 Jan 2020
3.10p
Final
20 Jun 2019
02 Aug 2019
5.60p
Interim
29 Nov 2018
11 Jan 2019
2.80p
Final
21 Jun 2018
02 Aug 2018
5.20p
Interim
30 Nov 2017
12 Jan 2018
2.60p
Final
22 Jun 2017
03 Aug 2017
4.80p
Interim
15 Dec 2016
12 Jan 2017
2.40p
Final
23 Jun 2016
28 Jul 2016
4.40p
Interim
03 Dec 2015
07 Jan 2016
2.20p
Final
29 Jun 2011
02 Aug 2011
0.24p

Dividend Metrics

Year End Date
31 Mar 2023
31 Mar 2022
Dividend growth
2.00%
21.95%
Dividend yield
5.50%
3.80%
Dividend cover
3.73
3.89


Cboe Global Markets® is a registered trade mark of Cboe Global Markets, Inc., a company incorporated in the United States of America with registered address at 400 South LaSalle Street, Chicago, IL 60605, USA. Cboe shall own any and all rights including without limitation Intellectual Property rights and any and all goodwill arising directly or indirectly out of the Recipient’s use of the “Cboe Global Markets®”, “Cboe®” and “Bats®”” trademarks. Neither Cboe nor its licensors accept any liability for any errors or omissions in the Cboe Europe Indices or underlying data. No further distribution of Cboe Europe data is permitted without Cboe’s express written consent.

The value of your investments and the income from them may go down as well as up, and you could get back less than you invested.