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Norcros announced second profit upgrade in March

StockMarketWire.com

Bathroom and kitchen product supplier Norcros again upgraded its annual profit guidance.

Underlying operating profit for the year through March was now expected to be at least £31 million, up from previous guidance of at least £28 million, which had also been upgraded on 3 March.

Norcros said strong trading momentum had continued 'despite the testing external environment, and combined with our effective management of the Covid-19 lockdowns and supply chain disruption challenges, has contributed to a further improvement in profitability'.

At 8:39am: (LON:NXR) Norcros PLC share price was 0p at 185p


Story provided by StockMarketWire.com