Norcros PLC (NXR.L), a designer and supplier of bathroom and kitchen products, Thursday said it expects full-year revenue to be about 368 million pounds, 6.2 percent lower than the previous year.
At constant currency, revenue is expected to be marginally ahead of the prior year.
The company expects underlying operating profit for the year to be in line with market expectations of 42 million pounds to 43.8 million pounds.
Additionally, Norcros said it has initiated a strategic review of Johnson Tiles South Africa which is expected to be concluded by July 2025.
Full-year results are scheduled to be reported on June 12.
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