Norcros

NXR · Main Market · Construction and Materials · mcap £273m · 303.0p 1 open situation →

EV: £339m
EV / EBIT: 15.3x
Net debt: £65.8m
FCF yield: 7.1%
Revenue: £393m
Cash returned: 4.1%
Share price 1y: +1%
Insiders 12m: bought £61k
Next report: 19 Nov ●

Norcros makes and sells bathroom and kitchen products such as showers, taps and wall panels under brands including Triton and VADO. It sells mainly in the UK, Ireland and Europe, with a business in South Africa.

Timeline · every situation

dots = announcements

20252026 Sale of South African operations 1 director buying 1 director buying 1 director buying

Open · 1

Disposal of a part (break-up)◷ in 23 days

Sale of South African operations

Sale process progressing to plan

The Board said on 12 May 2026 it would explore a sale of the profitable South African business, completing the shift to a capital-light UK and European brand group. This update says the process is progressing to plan and that South Africa performed well in H1. No buyer or price is named.

Status: Process to potentially dispose of the South African operations is progressing to plan
Buyer: Not stated
Price: Not stated
Next milestone: Interim results on 19 November 2026

Next: Disposal process progressing; interim results due · 19 Nov 2026

15 Oct 2026 Sale process progressing to plan
11 Jun 2026 Board exploring sale options
12 May 2026 Board exploring sale options; process just starting

Open the full view – chart and every step →

Closed · 3

Insider conviction1 director buying £61k in 1 buy · 20 Nov 2025 – 18 Feb 2026 −3% Insider conviction1 director buying £24k in 1 buy · 5 Feb 2025 – 6 May 2025 +18% Insider conviction1 director buying £24k in 1 buy · 18 Jun 2024 – 16 Sep 2024 +19%

Company filings. Not investment advice.