Norcros reports "robust" performance in first half
17th Nov 2016 10:22
(ShareCast News) - Norcros, supplier of innovative bathroom accessories, recorded a "robust" and "resilient" performance during the first half. The group's revenue rose 8.5% to £128.8m in the six months ended 30 September 2016, with profit before tax up 10% to £7.7m and diluted underlying earnings p
Read moreDirectors dealings: Norcros finance chief picks up shares
15th Jul 2016 16:31
(ShareCast News) - Norcros's finance chief Shaun Smith picked some shares in the Bathroom products company following the recent sharp drop in the stock price in the wake of the EU referendum vote. Smith, who was appointed to his post in April 2016, bought 20,000 shares at an individual price of 157p
Read moreNorcros' shares rise on seventh year of profit, dividend growth
14th Jun 2016 11:41
(ShareCast News) - Bathroom products company Norcros has turned in improved full year profit, revenue and dividend, sending its shares up more than 5%. "The result reflects the successful acquisition strategy and the sustained focus on driving organic growth through market share gain, investment in
Read moreNorcros leaks lower on 'sluggish' UK retail outlook
22nd Jul 2015 16:50
(ShareCast News) - Shares in bathroom accessories supplier Norcros were flushed lower as investors reacted to the company's comments that the UK retail sector was "challenging" and "sluggish". Although the fully FTSE listed company said the first quarter was in line with management expectations, it
Read moreNorcros shares lift as it buys out privately owned furnishings supplier
25th Jun 2015 09:01
Norcros has bought Hampshire-based private firm Croydex for £21.9m, the company said in an announcement. Shares in the bathroom supplier were up 5.32% following the announcement, at 19.09p at 09:08 on Thursday. The deal, funded by debt through existing facilities included £20.8m settled in cash and
Read moreThursday broker round-up UPDATE
23rd Oct 2014 08:33
Abcam: FinnCap moves target price from 390p to 400p keeping a hold recommendation. Anglo American: Investec places its target price (prev.: 1603p) under review keeping its buy recommendation. Arbuthnot: Numis raises target price from 1150p to 1300p upgrading from hold to add. British American Taba
Read moreNorcros chairman builds holding
19th Sep 2014 16:43
Norcros chairman Martin Towers has acquired 120,000 shares in the home consumer products group. Towers, who is also a non-executive director, purchased the shares at 16.22p each for a total spend of £19,464. Meanwhile, in a deal made after the close of Thursday's session, Monitise chairman Peter Ay
Read moreSector movers: Real estate, construction stocks gain on positive outlook
10th Apr 2014 13:50
Real estate, construction and materials stocks were performing well on Thursday amid signs of continued robust growth in the UK housing market. House sales across Britain climbed to a six-year high in the first quarter of 2014, with growth spreading "right across the country", according to the Roya
Read moreNorcros expects in-line full year results despite 'mixed' conditions
10th Apr 2014 11:36
Norcros said Thursday that its annual results would be in line with expectations after a year of 'mixed' market conditions in the UK. The home consumer products group said underlying profit before tax would be 26% higher at approximately £14.7m (2013: £11.7m) on revenue that it set to total around
Read moreCarnival Chairman reduces stake by around a quarter
26th Mar 2014 15:54
Micky Arison, the long-standing Chairman of cruise line operator Carnival Corp., docked a batch of shares earlier this week ahead of its better-than-expected first quarter trading update. Arison offloaded 525,348 at $40.09 each, reducing his stake to 104.52m shares. The group on Tuesday reported
Read moreMonday broker round-up UPDATE
10th Mar 2014 08:43
African British Foods: UBS raises target price from 2890p to 3300p and keeps a buy recommendation. BBA Aviation: Citi ups target price from 335p to 385p and reiterates a buy recommendation. Capita Group: Liberum Capital increases target price from 880p to 1100p upgrading to hold. Centrica: Credit
Read moreEuromoney Executive more than halves stake
15th Nov 2013 16:08
Bashar AL-Rehany, an Executive Director of Euromoney, the international publishing business, this week sold 22,485 shares, reducing his stake to 14,791. The £252,500 disposal, which was made on behalf of his wife, saw the shares sold at 1,123p a piece. The sale was made on Thursday, the same day
Read moreNorcros confident for full year
3rd Oct 2013 08:40
Bathroom accessories firm Norcros said it expects underlying pre-tax profit to be flat following mixed trading but, despite ongoing tough market conditions, it remains confident in its full-year outcome. Underlying pre-tax profit is expected to be approximately £6.0m for the 26 weeks ended Septembe
Read moreDialight Finance Director sells shares to cover vesting costs
19th Sep 2013 15:39
The Group Finance Director of Dialight this week sold 21,284 shares in the group, less than a week after it warned of contract delays and flat profits. Mark Fryer sold the shares at 1,150p each in a transaction that was made in order to meet his tax and national insurance liabilities, which crysta
Read moreNorcros tumbles despite full year progress
13th Jun 2013 12:14
Shares of bathroom accessories firm Norcros tumbled more than five per cent despite reporting improved full year earnings in what it described as a challenging year. Adjusted pre-tax profit rose to £11.7m for the year ended March 31st 2013 compared to £10.7m the same time a year earlier. Revenue fo
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