Revenues have risen past £270m at Norcros giving the kitchen and bathroom accessories group its eighth consecutive year of growth. 

The group, which owns Croydex, Johnsons Tiles and Triiton, has posted revenues of £271.2m for the year to March 31, 2017, up by 15% year on year. Underlying pre-tax profit increased by 12% to £22.9m over the same period. In addition, Norcros raised its full-year dividend per share by 9% to 7.2p.

"It gives me great pleasure to announce that Norcros has recorded its eighth consecutive year of revenue and underlying operating profit growth and has also made good progress towards its strategic objectives,” said chairman Martin Towers..

“These results demonstrate the group's resilience in the face of some difficult trading conditions and reflect the successful acquisition strategy and sustained focus on driving organic growth through market share gain. In view of the success achieved in the current year and the strong momentum and focus on growth I remain confident that we will continue to make progress toward achieving our strategic objectives."

In the UK Norcros operates a range of businesses including Nuneaton-based shower producer Triton Showers, Cheddar-based bathroom accessories maker Vado, Stoke-on-Trent-based ceramic tile producer Johnson Tiles and Stoke-on-Trent-based adhesives manufacturer Norcros Adhesives.