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数日前, the British sanitary ware company Norcros Group (Norcros Group) announced its 2022 financial year report ended March 31. レポート期間中, the revenue achieved a year-on-year increase of 22.2%
Norcross is a British listed sanitary ware company headquartered in Wilmslow, England, with over 2,400 従業員.
The main products include shower head, shower room, shower tray, 蛇口, bathroom accessories and other bathroom products, as well as ceramic tiles and adhesives and other related products.
Norcros Group
Norcross brands increase to 12
As of now, Norcross has 12 ブランド. その中で, 8 are in the UK market, namely Triton, Merlyn, Vado, Croydex, Abode, Johnson Tiles, Norcros Adhesives and the newly acquired Grant Westfield.
の 8 ブランド, sanitary ware bathroom brands account for 6, and only Johnson Tiles and Norcros Adhesives produce tiles and adhesive products.
Among sanitary ware brands, Triton and Abode are well-known in the Chinese market.
がある 4 brands in the South African market, including Tile Africa, Johnson Tiles South Africa, TAL and House of Plumbing. Different from the British market, the main products of the South African brand are mainly ceramic tiles, and only House of Plumbing produces bathroom products.
The revenue exceeded 3 billion yuan Last year reached a record high profit
によると 2022 fiscal year report released by Norcross, from April 2021 3月まで 2022, the company achieved revenue of 396.3 百万ポンド (について 3.216 十億元), 前年比増加 22.2%;
Underlying operating profit increased by 23.7% to a record £41.8 million (約人民元 339 百万), with an operating profit margin of 10.5%, slightly higher than the 10.4% 会計年度中 2021.
Grant Westfield production site
の前半 2022, Norcross’s biggest move is to start acquiring Granfit Holdings, another British bathroom company.
In May of this year, Norcross announced the acquisition of Granfit Holdings and its subsidiary Grant Westfield for 80 百万ポンド (について 649 百万元).
According to the performance statistics standard, Norcross will receive an additional potential income of 12 百万ポンド (について 97 百万元) after the acquisition is completed.
It is reported that Grant Westfield, the main subsidiary of Granfit Holdings, is headquartered in Edinburgh, and its main products are waterproof bathroom wall panels.
で 2021, Grant Westfield’s operating income will be 42.2 百万ポンド (について 342 百万元), から上がって 32.3 百万ポンド (について 262 百万元) で 2020.
Norcross Acquisition History
12月に 2004, acquired Tile Africa, a South African tile retailer;
In April 2013, acquired Vado, a manufacturer of faucets, シャワー, bathroom accessories and valves;
6月 2015, acquired Croydex, a manufacturer of bathroom cabinets and accessories;
3月に 2016, acquired Abode, a manufacturer of faucets, sinks, showers and bathroom accessories;
In November 2017, acquired Merlyn, the largest shower room and tray supplier in the UK and Ireland;
In April 2019, acquired House of Plumbing, a pipe material supplier;
5月に 2022, it acquired Grant Westfield, a manufacturer and distributor of bathroom waterproofing panels.
