We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for streaming realtime charts, analysis tools, and prices.
| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Norcros Plc | LSE:NXR | London | Ordinary Share | GB00BYYJL418 | ORD 10P |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| -5.00 | -1.92% | 255.00 | 132,002 | 16:28:02 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 255.00 | 257.00 | 258.00 | 255.00 | 258.00 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Ceramic Wall And Floor Tile | 392.1M | 26.8M | 0.2985 | 8.54 | 233.44M |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 16:35:07 | UT | 2,542 | 255.00 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 10/12/2024 | 11:49 | UK RNS | Norcros PLC Holding(s) in Company |
| 06/12/2024 | 11:52 | UK RNS | Norcros PLC Holding(s) in Company |
| 03/12/2024 | 16:39 | UK RNS | Norcros PLC Total Voting Rights |
| 25/11/2024 | 07:00 | UK RNS | Norcros PLC Notice of investor webinar and Q&A |
| 21/11/2024 | 17:01 | UK RNS | Norcros PLC Holding(s) in Company |
| 21/11/2024 | 11:57 | UK RNS | Norcros PLC Interim Results - Replacement |
| 21/11/2024 | 07:00 | UK RNS | Norcros PLC Results for the six months ended 30 September 2024 |
| 13/11/2024 | 07:00 | UK RNS | Norcros PLC Investor Webinar |
| 01/11/2024 | 07:00 | UK RNS | Norcros PLC Total Voting Rights |
| 10/10/2024 | 06:00 | UK RNS | Norcros PLC Trading update |
Norcros (NXR) Share Charts1 Year Norcros Chart |
|
1 Month Norcros Chart |
Intraday Norcros Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 29/11/2024 | 11:51 | Time to take a shower in Norcros shares. | 3,631 |
| 26/11/2024 | 12:31 | INVESTOR PRESENTATION TODAY AT 3:15PM | - |
| 21/6/2016 | 18:19 | Norcros plc NXR | 144 |
| 27/2/2008 | 22:05 | Do they make RAIN showerheads ? ! | 20 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|---|---|---|---|
| 16:35:07 | 255.00 | 2,542 | 6,482.10 | UT |
| 16:28:02 | 255.00 | 13 | 33.15 | AT |
| 15:36:37 | 257.00 | 30 | 77.10 | AT |
| 14:55:02 | 255.00 | 10,000 | 25,500.00 | O |
| 14:48:17 | 256.00 | 1,666 | 4,264.96 | AT |
| Top Posts |
|---|
Posted at 13/12/2024 08:20 by Norcros Daily Update Norcros Plc is listed in the Ceramic Wall And Floor Tile sector of the London Stock Exchange with ticker NXR. The last closing price for Norcros was 260p.Norcros currently has 89,785,772 shares in issue. The market capitalisation of Norcros is £228,953,719. Norcros has a price to earnings ratio (PE ratio) of 8.54. This morning NXR shares opened at 258p |
Posted at 26/11/2024 14:39 by edmonda There has been no change to NXR strategy or targets set at the time of the Capital Markets Day. As you can hear from Thomas and James themselves, who are also hosting an ED webinar tomorrow morning , Wed 27th, with a 10am start. All are welcome, and it will be recorded.To attend, just register here: |
Posted at 26/11/2024 14:19 by rmillaree Ref Africa they are in clearly for a penny in for a pound - i suspect if they knew the score of how it is on the ground there nowadays they would have stayed well clear off going down then sa route ref investing extra there. We cant turn back the clock though - so i suspect they are simply trying to make best of what they have rfe generating profit. Historically africa has delivered well based on what they invested so their strategy hasnt not worked up to now - the reality is though its right to place material discount on everything sa related on the basis that the profits could permanently dry up through no fault of their own anytime soon. Hopefully for holders sa becomes lower share of overall profits long term- so any other acquisitions that dilute the earnings of sa is good imho. |
Posted at 25/11/2024 15:12 by edmonda "Steady H1, building for the future"Continuing businesses delivered H125 revenues, in line with last year’s comparator. Underlying profitability was also similar prior to costs taken above the line from a couple of discrete actions in the period. Net debt rose to 1x EBITDA, being in line with H124, and the company’s strong balance sheet position allowed it to absorb short-term working capital movements. Management expectations are unchanged and Norcros remains keenly focused on delivering strategic progress to achieve targets set out in May. The Norcros share price has substantially out-performed the FTSE All-Share Index YTD. Nevertheless, across our estimate horizon, Norcros still sits on valuation discounts to its peer group averages ranging from 40-50% on a P/E basis and 25-30% for EV/EBITDA whilst offering a 25% dividend yield premium. We believe that sector sentiment will improve and this will support share price progress generally but Norcros offers more than cyclical recovery in our view. As strategic action outcomes become more apparent (e.g. in EBIT margins) we would expect to see further share price outperformance for Norcros. Under our DCF approach, the current share price is equivalent to ‘steady state’ EBITDA of c£63m; so some progress beyond our FY27E estimate is being factored in but not yet the higher potential levels that we have highlighted previously. Link to research report: |
Posted at 25/11/2024 11:31 by rmillaree Cheers PJ84In some respects is reasuring to know that they arent really factoring in any improvement in market conditions this year based on thiose comments. thats probably just as well as as there doesnt seem to be much positivity with regard to when we might expect things to start to improve in that regard - one of the main election promises of labour was ambitious newbuild housing targets - and they are already admitting thats tougher in the real world compared to the fantasy world of what they promised they would deliver pre election. If they buble along as they are and pay down debt and pesnion scheme liabilities continue to reduce then thats no bad thing even if growth is anemic or non existent short term. I would say even at 250p this company has had decent rerating over the last 6-12 months without them really doing much positive. The danger is the tendancy of this to share end up back at dirt cheap p/e at the first sight of stuff not going well - so i wouldnt say price cant drift back down further even if to me rating seems modest as things are. |
Posted at 25/11/2024 10:45 by pj84 Buy’ Norcros, says BerenbergBathroom supplies group Norcros (NXR) is succeeding in gaining share in a difficult market and Berenberg says it can manage the downturn well. Analyst Robert Chantry retained his ‘buy’ recommendation and target price of 325p on the stock, which fell 8.6% to 245.6p last week following first-half results. Chantry said they were ‘consistent with the commentary and guidance given at the first half trading update on 10 October’. ‘Revenue is effectively in line with the prior year on a constant currency like-for-like basis, while underlying operating profit at £19.7m is slightly ahead of the guidance in that trading update,’ he said. ‘As such, the company expects full-year underlying operating profit to be in line with market expectations.’ Chantry said the company is expecting to make 54% of its profit in the second half, which ‘assumes the subdued market conditions continue for the rest of the year’. ‘We leave our numbers unchanged and remain of the view that the business can manage the current downturn well, take share, improve margins and look to consolidate parts of the end-market in time,’ he said. |
Posted at 21/11/2024 08:48 by edmonda Admirable resilience shown (again) by Norcros plc in H1 results and div increased to 3.5p / share.Board expects FY operating profit to be in line with market expectations too |
Posted at 14/10/2024 11:49 by pj84 Shore Capital: Norcros deserves more"Analyst Tom Fraine retained his ‘buy’ recommendation and ‘fair value’ target price of 400p on the stock, which climbed 3.7% to 252p at the end of last week. The shares currently trade at 7.7 times full-year 2025 price/earning but Fraine said this ‘fails to recognise Norcros’s resilient operating performance over recent years’." |
Posted at 10/10/2024 09:47 by edmonda "Steering a steady course in H1'25"Norcros’ H1'25 pre-close statement infers that headline trading in Q2 was similar to Q1, leaving group revenue flat overall y-o-y for continuing businesses. On the same basis, while profitability looks to be slightly lower - which may reflect mix effects - company expectations for the full year are unchanged. While easing inflation and interest rates have been welcomed in Norcros’s primary markets, any significant pick-up in economic activity is still pending as new governments bed in in both cases. H125 LFL revenues nudged ahead in the UK (continuing operations +1%) and declined modestly in South Africa (-2% at constant currency) giving a flat y-o-y performance at group level, excluding the exited Johnson Tiles UK and Norcros Adhesive businesses. Our expectation is that management will report more fully on strategic actions taken to date with the H124 results. The completion of Vado’s warehouse consolidation moves and streamlining Grant Westfield’s distribution are two examples of positioning these businesses for growth with more efficient service platforms and greater alignment in these areas across operating companies. We make no changes to our estimates or fair value ahead of the H1 results due out in November. As before, we believe that translating strategy into enhanced earnings growth can be the catalyst for generating share price upside that could be well in excess of our current fair value of 253.5p / share. Link to research: |
Posted at 18/7/2024 07:33 by spangle93 Nice broker upgrade‘Buy’ Norcros, says Deutsche Bank Bathroom supplies group Norcros (NXR) is ‘poised’ for ‘material value creation’, according to Deutsche Bank. Analyst Christen Hjorth retained his ‘buy’ recommendation and increased his target price from 305p to 375p on the stock, which inched up 0.4% to 237p on Wednesday and is up 30% year-to-date. ‘Norcros has gone through a transformation over the past decade,’ said Hjorth. ‘The group is now focused on mid-premium positioned, branded, design-led, and capital-light bathroom products, and is the UK leader in electric showers, shower enclosures, and bathroom wall panels.’ He estimated that these product categories represent 75% of the group’s earnings and generate an earnings margin of between 18% and 23%. ‘In contrast, legacy issues have greatly reduced, including exposure to DIY retail – now only 10%, UK tiles – which was recently divested, and the pension scheme, which is now in an accounting surplus,’ he said. |
Posted at 18/6/2024 22:50 by pj84 The key takeaway for me as well as the low PE and near 5% dividend yield at the current share price is that as well as paying the dividend they are forecast to generate an additional £27m of cash over the next 3 years reducing the debt from £37m to £10m. |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
