Norcros upbeat as first half profits rise
17th November 2011
NORCROS, the shower and tile manufacturer, raised its dividend after a strong first half performance.
In the 26 weeks to the end of September the Wilmslow-based group - which owns the Triton Showers and Johnson Tiles brands - saw an 8.6% uplift in sales at constant currency to £102.4m.
Despite "significant" commodity and energy cost rises - 37% up in its UK tile business alone - Norcros grew trading profits 2.2% to £6.3m.
The group said it expects trading conditions in this country - and in S......for the full story register now for free or login below...
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