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Norcros sees signs of recovery

19th April 2010

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Joe Matthews, chief executive, Norcros

Joe Matthews, chief executive, Norcros

NORTH West tiles and shower maker Norcros expects to beat city hopes when it posts full-year figures in June.

The Wilmslow-based business, which owns the Triton shower brand and Johnson Tiles, expects to report a 9% rise in revenue and a trading profit of £7.1m, up 1.4%.

In a trading update the board forecast a pre-tax loss - before exceptionals - of £2.5m, compared with a £2.9m profit last time, but this is better than the expected loss of £4.9m. It will also take a £2.5m hit on the st......for the full story register now for free or login below...


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