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  2. Share Prices
  3. Norcros Share Price
  4. Norcros Share News
  5. IN BRIEF: Norcros ups profit guidance on strong trading momentum

Pin to quick picksNorcros Share News (NXR)

Norcros Information

Share Price Information for Norcros (NXR)

London Stock Exchange
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Share Price: 193.50
Bid: 186.50
Ask: 194.00
Change: 0.00 (0.00%)
Spread: 7.50 (4.021%)
Open: 0.00
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Low: 0.00
Prev. Close: 193.50
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IN BRIEF: Norcros ups profit guidance on strong trading momentum

Wed, 31st Mar 2021 11:55

Norcros PLC - Cheshire-based kitchen and bathroom products supplier - Says that trading momentum has continued since early February, and it now expects underlying operating profit for the year ending on Wednesday to be no less than GBP31 million on a post-IFRS 16 basis. This compares to previous underlying operating profit guidance for the year of no less than GBP28 million. Notes balance sheet remains "very strong", with no net debt at the end of March versus GBP36.4 million the year before.

Current stock price: 267.34 pence; up 4.4% on Wednesday

Year-to-date change: up 33%

By Paul McGowan; paulmcgowan@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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