The £272-capitalised Norcros (LON:NXR) is a group of market-leading brands that design and supply sustainable bathroom and kitchen products in the UK, Ireland and South Africa, in addition to selected export markets.
I am looking forward to a more positive Trading Update being issued ahead of the group’s AGM next Wednesday, 23rd July, which should help to highlight just how undervalued this £270m-capitalised group is at the current 302p, despite the 10% price uplift in the last four days.
Group CEO Thomas Willcocks stated that:
"In the context of current market challenges, I ...
