Norcros reported FY26 results slightly better than the year-end trading update at the PBT level, while the dividend and net debt were better than expected. Strong strategic actions and portfolio reshaping (acquisition of Fibo, flagged disposal of remaining South Africa business) and the previous exit from tile manufacturing all helped the Group increase its capital light model, with ROCE hitting its KPI target of 20%. Comfortable debt leverage which reduced to 1.2x to position the Group for furt ....
12 Jun 2026
Norcros - FY26 Results on track with good strategic progress
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Norcros - FY26 Results on track with good strategic progress
Norcros plc (NXR:LON) | 296 -8.9 (-1.0%) | Mkt Cap: 266.4m
- Published:
12 Jun 2026 -
Author:
David Buxton -
Pages:
11 -
Norcros reported FY26 results slightly better than the year-end trading update at the PBT level, while the dividend and net debt were better than expected. Strong strategic actions and portfolio reshaping (acquisition of Fibo, flagged disposal of remaining South Africa business) and the previous exit from tile manufacturing all helped the Group increase its capital light model, with ROCE hitting its KPI target of 20%. Comfortable debt leverage which reduced to 1.2x to position the Group for furt ....