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... For the full story register now for free or login below...