DIYWEEK.net

 

Strong interim results for Norcros

Published: 17 November 2007
Revenues and profits rise for owner of Triton showers and H&R Johnson tiles and adhesives.
Shower equipment and tile manufacturer Norcros has said strong sales in the replacement market helped it post a 49% rise in interim pre-tax profits to £6.1m (2006: £4.1m).

Norcros owns shower maker Triton and wall and floor tiles maker H&R Johnson as well as operations in South Africa.

The Wilmslow-based group said UK revenues rose 3.7% to £53.5m (2006:51.6m) with trading profits up 7.8% to £6.9m (2006: £6.4m).

At Triton, the company reported UK revenues growth of 6.5%.

H&R Johnson increased UK revenues by 8.4%, reflecting, it said, strong growth in the diy market and good progress with trade customers.

Trading since the end of September has been in line with expectations, with the company confident of further growth.

Group turnover for the year to March 31, 2007 was £163m and trading profits were £15.3m. Sales grew from £159m in 2006, and £148m in 2005 - trading profits were £15.3m and £13.1m respectively.

Norcos employs around 2,000 people worldwide. In July this year it floated on the London Stock Exchange.

Comments


(Your email address will not be published)
3 + 8 =  
Already Registered?
Sign In
Not Yet Registered?
Register
Printable View E-mail Bookmark
*

Latest reader comments

re: Latest update on Green Homes Grant and implications for homeowners and landlords

John Hart
After applying for a green homes how long will it take for a decision? thanks...

re: SX Rainproof Exterior Caulk

Wally
I need the exterior sx rain resistant caulk! Can't get it anywhere so please help! How can I order it? Need it yesterday...

re: BCT can replicate any material in a ceramic tile

Christina Tiritanou
Not sure if you can help as I require a tile which has the measurements of 6”x 6”? Thank you....

re: Latest update on Green Homes Grant and implications for homeowners and landlords

colin thompson
SarahVery clear and helpful information.Thanks...

Most read stories

http://www.diyweek.net/strong-interim-results-for-norcros