Norcros delivers solid interims

Norcros, a supplier of branded showers, tiles and adhesives focused in the UK and South Africa, has delivered solid interims and expressed confidence that it will make 'further progress'.

Norcros, a supplier of branded showers, tiles and adhesives focused in the UK and South Africa, has delivered solid interims and expressed confidence that it will make 'further progress'.

For the six months ending September 30th, revenues increased 3.8% to £106.3m (September 2011: £102.4m), with pre-tax profits leaping 53.5% to £6.6m (September 2011: £4.3m). The vast improvement in profits was as a result of an improved underlying profit before taxation (up 11%), no exceptional charges in the period and higher non cash finance income.

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