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Norcros Fundamentals

Company Name Norcros Last Updated 20 Feb 2020
Industry Industrials Sector Building Materials & Fixtures
Shares in Issue (m) 80.47 Market Cap (£m) 234.17
PE Ratio 12.03 Div per Share (p) 8.40
Div Yield 2.99 Div Cover 2.78
EPS 24.20 EPS Growth (%) 66.90
PEG 0.18 DPS Growth (%) 7.69
Debt Ratio 43.48 Debt Equity Ratio 0.53
Net Gearing 50.28 Gross Gearing 59.12
Asset Equity Ratio 2.45 Cash Equity Ratio 21.64
Quick Ratio 1.06 Current Ratio 1.99
Price To Book Value 1.86 ROCE 11.42

Norcros Dividends

Type Ex-Date Pay Date Currency Net Dividend Year Total
H1 Dividend 28 Nov 2019 10 Jan 2020 GBX 3.10
H2 Dividend 20 Jun 2019 02 Aug 2019 GBX 5.60 8.40
H1 Dividend 29 Nov 2018 11 Jan 2019 GBX 2.80
H2 Dividend 21 Jun 2018 02 Aug 2018 GBX 5.20 7.80
H1 Dividend 30 Nov 2017 12 Jan 2018 GBX 2.60
H2 Dividend 22 Jun 2017 03 Aug 2017 GBX 4.80 7.20
H1 Dividend 15 Dec 2016 12 Jan 2017 GBX 2.40
H2 Dividend 23 Jun 2016 28 Jul 2016 GBX 4.40 6.60
H1 Dividend 03 Dec 2015 07 Jan 2016 GBX 2.20
H2 Dividend 25 Jun 2015 29 Jul 2015 GBX 0.38 0.56

Norcros Company Financials

Assets (£m) 2019 2018 2017
Tangible Assets 42 45 43
Intangible Assets 95 99 45
Investments 1 4 11
Total Fixed Assets 138 148 99
Stocks 80 75 70
Debtors 63 64 57
Cash & Equivalents 27 26 38
Other Assets 0 0 1
Total Assets 308 313 264
Liabilities (£m) 2019 2018 2017
Creditors within 1 year 85 90 106
Creditors after 1 year 97 119 102
Other Liabilities 0 0 0
Total Liabilities 182 208 208
Net assets 126 105 57
Equity (£m) 2019 2018 2017
Called up share capital 8 8 6
Share Premium 30 30 1
Profit / Loss 25 14 12
Other Equity 0 0 0
Preference & Minorities 0 0 0
Total Capital Employed 126 105 57
Ratios 2019 2018 2017
Debt Ratio 43.48 53.14 64.27
Debt-to-Equity 0.53 0.57 0.49
Net Gearing 50.28 58.34 64.37
Gross Gearing 59.12 66.58 78.57
Assets / Equity 2.45 2.99 4.67
Cash / Equity 21.64 24.67 66.25
EPS 24.20 14.50 13.90
Cash Flow (£m) 2019 2018 2017
Cash from operating activities 29 18 23
Cashflow before financing 21 -49 12
Increase in Cash 8 10 2
Income (£m) 2019 2018 2017
Turnover 331 30 271
Cost of sales 0 0 0
Gross Profit 0 0 0
Operating Profit 25 20 17
Pre-Tax profit 25 14 12
Profit / Loss for the year 8 8 6

Norcros Company Background

Sector Building Materials & Fixtures
Activities Norcros plc is a leading supplier of high quality and innovative showers, shower enclosures and trays, taps, bathroom accessories, ceramic wall and floor tiles and adhesive products with operations primarily in the UK and South Africa. Based in the UK, Norcros operates under seven brands: Triton Showers - Market leader in the manufacture and marketing of showers in the UK; Vado - A leading manufacturer and supplier of taps, mixer showers, bathroom accessories and valves; Croydex - A market-leading, innovative designer, manufacturer and distributor of high quality bathroom furnishings and accessories; Abode - A leading niche designer and distributor of high quality kitchen taps, bathroom taps and kitchen sinks; Merlyn - the UK and Ireland's No. 1 supplier of shower enclosures and trays to the residential, commercial and hospitality sectors; Johnson Tiles - A leading manufacturer and supplier of ceramic tiles in the UK; Norcros Adhesives - Manufacturer of tile & stone adhesives, grouts and related products. Based in South Africa, Norcros operates under three brands: Tile Africa - Chain of retail stores focused on ceramic and porcelain tiles, and associated products such as sanitary ware, showers and adhesives; Johnson Tiles South Africa - Manufacturer of ceramic and porcelain tiles; TAL - The leading manufacturer of ceramic and building adhesives.
Latest Interim Date 14 Nov 2019
Latest Fiscal Year End Date 12 Jun 2019

Norcros Directors

Appointed Director Position
23 Nov 1999 Nicholas Paul Kelsall Chief Executive Officer
04 Apr 2016 Shaun Michael Smith Finance Director
28 Jul 2011 Martin George Towers Non-Executive Chairman
24 Jul 2013 David William McKeith Non-Executive Director
01 May 2019 Alison Louise Littley Non-Executive Director

Norcros Contact Details

Company Name Norcros
Company Address Ladyfield House, Station Road, Wilmslow, Cheshire SK9 1BU.
Company Telephone +44 (0)1625 547 700
Company Website http://www.norcros.com/

Norcros Advisors

Auditor Name PricewaterhouseCoopers LLP
Auditor Address 101 Barbirolli Square, Lower Mosley Street, Manchester M2 3PW.
Auditor Website http://www.pwc.co.uk/
Auditor Telephone +44 (0)161 245 2000
Registrar Name Capita Registrars
Registrar Address Northern House, Woodsome Park, Fenay Bridge, Huddersfield, West Yorkshire HD8 0LA.
Registrar Website http://www.capitaregistrars.com/
Registrar Telephone 0870 162 3100
Broker Name Numis Securities
Broker Address The London Stock Exchange Building, 10 Paternoster Square, London EC4M 7LT.
Broker Website http://www.numiscorp.com/
Broker Telephone +44 (0)20 7260 1000
Adviser Name Numis Securities
Adviser Address The London Stock Exchange Building, 10 Paternoster Square, London EC4M 7LT.
Adviser Website http://www.numiscorp.com/
Adviser Telephone +44 (0)20 7260 1000
Solicitor Name Addleshaw Goddard LLP
Solicitor Address 100 Barbirolli Square, Manchester M2 3AB.
Solicitor Website http://www.addleshawgoddard.com/
Solicitor Telephone +44 (0)161 934 6000
Stockbroker Name n/a
Stockbroker Address n/a
Stockbroker Website n/a
Stockbroker Telephone n/a