Norcros plc (GB:NXR) has released an update.
Norcros plc, a leading UK, European, and South African designer and supplier of premium bathroom and kitchen products, has announced its ambitious growth strategy at a Capital Markets Event. The company has set robust medium-term targets, aiming for organic growth 2-3% above market levels, a 15% operating margin, and significant improvements in cash conversion and return on capital. The strategy emphasizes M&A, organic growth, operational excellence, and ESG, with a commitment to meet science-based emissions targets by 2028.
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