Norcros taps into South Africa market

Listed Cheshire-based bathroom specialist Norcros has benefited from a strong performance in South Africa. Revenue for the six months to September 30 has climbed 12.6% to £145m compared to the same period last year, although pre-tax profit tipped from £7.7m to £7.4m. Meanwhile, net debt of the company, which is in the process of acquiring Merlyn Industries Ltd, fell from £27.5m to £20.8m. Chairman Martin Towers said: "I am pleased to report a resilient performance which demonstrates the strength of our market positions a... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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