Norcros
Ticker: NXR Exchange: LSE www.norcros.com/

Norcros is a leading supplier of bathroom and kitchen products in its UK, South African and selected export markets. The portfolio of ten operating companies (6 UK, 4 South Africa) is characterised by strong individual brands, together providing product breadth and channel diversity from a strong supply chain base.

Norcros - Investor Presentation video - 7 May 2024

Thomas Willcocks (CEO) and James Eyre (CFO) of Norcros hosted an Investor Presentation where they updated viewers on their trading update and highlighted the key messages from their recent Capital Markets Event.

Management discussed their new medium term targets, the opportunity and detailed strategy for growth (involving M&A, organic growth, and operational excellence), and how ESG strengths drive a competitive advantage. The team also answered a range of questions submitted by the audience.

The full video has been divided into chapters for ease of viewing, as below:
0:00:03 Introductory remarks & summary overview
0:02:19 New medium term targets
0:03:34 Norcros today
0:10:12 The Opportunity
0:11:58 Growth Plan (part 1) - M&A, organic growth, operational excellence
0:29:48 Growth Plan (part 2) - ESG driving competitive advantage
0:38:47 Investment Case
0:40:52 Concluding comments
0:42:36 Questions & Answers

 

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