Profits surge at hungry Norcros
Date added:
12/11/2015
NORCROS, the ambitious company which supplies showers, taps, bathroom accessories, tiles and adhesives, in the UK and Souh Africa, has reported a 40% surge in profits. The Wilmslow-based company's underlying first half profits in the six months to September 30 jumped from £6.7m to £9.4m as revenues rose 9.3% to £118.7m. The company, which has set a target of growing revenues to £420m by 2018, said it now expects its full year operating profits to beat City forecasts. Reflecting on what he described as a "strong....
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