The Lemon Fool

Interim Results out

https://www.investegate.co.uk/norcros-p ... 00040453F/

Covers the "Covid" period so all comparatives down on H1 2019, however Q2 comparatives appear to be up which is good.

The big concerns in the past have been around debt, and the pension scheme, with good news on both in the release suggesting plenty of upside as the market digests this.

For good orders sake I hold.

Trading Update out

https://www.investegate.co.uk/norcros-p ... 00079335Q/

"Strong Trading Momentum Continues". What more to say? Even better than the previous update, and market share gains too so not just a return of industry demand it would seem.

Net Debt disappearing fast, and a dividend is planned, if not announced, if that is important to some.

Share Price is around 250p, up some way from the sub 200p of the last update (and the 120p Covid lows) but still below the pre-Covid level.

Latest Trading Update

https://www.investegate.co.uk/norcros-p ... 00030264U/

Strong trading momentum continues resulting in a further uptick in guidance, now "no less than £31m" profit guidance for the full year.

The Balance Sheet looking even healthier expecting to be debt free at year end now.

Still looks to be on a single digit P/E despite the growth.

A further Trading Update, but nothing much to say since the last one was not that long ago.

https://www.investegate.co.uk/norcros-p ... 00025109V/

"We have continued to outperform our previous expectations in March and ended the year strongly"

The share has historically been lowly rated, due to debt, pension and South Africa exposure issues. Arguably less concern on these fronts now, and potentially therefore still good value with a P/E of approx 10 despite being at a 1 year (and close to all time) high.

Latest Trading Update

https://www.investegate.co.uk/norcros-p ... 00020124P/

"... based on the excellent first half performance and the Group's strong revenue momentum, we expect underlying operating profit for the year to 31 March 2022 to be significantly ahead of the board's previous expectations."