Revenue topped £200m while pre-tax profits surged at the bathroom supplies group behind the Triton and Johnson Tiles brands during the first half of its financial year.
Shower and tiles maker Norcros has reported a revenue of £200.9m for the six months to the end of September 2021, up from the £135.3m it posted for the same period in 2020.
The Wilmslow-based firm has also confirmed its pre-tax profits increased from £3.4m to £17.7m over the same time.
In an update to the London Stock Exchange, the group added that its underlying operating profits hit a record of £22m, a rise from £12.8m.
In the UK, the group’s brands also include Merlyn, Vado, Croydex, Abode and Norcros Adhesives. Its South Africa brands are Tile Africa, Johnson Tiles South Africa, TAL and House of Plumbing.
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Chief executive Nick Kelsall said: “The strength of our leading customer proposition and our focussed operating model has resulted in an excellent performance during the first half, with the group benefitting from increased activity in the UK and South African RMI markets and also winning market share.
“Notwithstanding the ongoing uncertainty created by supply chain challenges, increased energy costs, inflationary cost pressure and a normalisation of consumer spending patterns, the board remains confident our proven business model and customer proposition will lead to further progress, in line with its expectations, for the year to 31 March 2022.”