Norcros Income Statement

Financials in millions GBP. Fiscal year is April - March.

Millions GBP. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '25 Oct 5, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Revenue	370.5	368.1	392.1	441	396.3	324.2
Revenue Growth (YoY)	-0.51%	-6.12%	-11.09%	11.28%	22.24%	-5.21%
Cost of Revenue	-	-	-	-	255.5	205.8
Gross Profit	370.5	368.1	392.1	441	140.8	118.4
Selling, General & Admin	2	1	0.5	1	105	94.5
Other Operating Expenses	325.5	324.9	348.9	384.1	-	-
Operating Expenses	327.8	325.9	349.4	394.7	105	94.5
Operating Income	42.7	42.2	42.7	46.3	35.8	23.9
Interest Expense	-7	-7.1	-7.2	-5.8	-2.7	-3.4
Currency Exchange Gain (Loss)	-	-	-	-	-	-2
Other Non Operating Income (Expenses)	-	-	-0.9	-0.6	-0.1	-
EBT Excluding Unusual Items	35.7	35.1	34.6	39.9	33	18.5
Merger & Restructuring Charges	-8.1	-30	-6	-13.2	-	-
Asset Writedown	-	-	4	-5	-	-
Other Unusual Items	-2.9	-3.1	-	-	-	-
Pretax Income	24.1	2	32.6	21.7	33	18.5
Income Tax Expense	4.1	-1.5	5.8	4.9	7.3	3.5
Earnings From Continuing Operations	20	3.5	26.8	16.8	25.7	15
Earnings From Discontinued Operations	-7.4	-	-	-	-	-
Net Income	12.6	3.5	26.8	16.8	25.7	15
Net Income to Common	12.6	3.5	26.8	16.8	25.7	15
Net Income Growth	41.57%	-86.94%	59.52%	-34.63%	71.33%	37.61%
Shares Outstanding (Basic)	89	89	89	88	81	81
Shares Outstanding (Diluted)	90	90	90	90	82	81
Shares Change (YoY)	1.06%	0.22%	0.35%	8.63%	2.00%	-0.24%
EPS (Basic)	0.14	0.04	0.30	0.19	0.32	0.19
EPS (Diluted)	0.14	0.04	0.30	0.19	0.31	0.19
EPS Growth	40.67%	-86.91%	58.51%	-39.74%	67.74%	37.78%
Free Cash Flow	21.7	11.6	29.3	18.5	9.2	50.5
Free Cash Flow Per Share	0.24	0.13	0.33	0.21	0.11	0.63
Dividend Per Share	0.106	0.104	0.102	0.102	0.100	0.082
Dividend Growth	2.91%	1.96%	-	2.00%	21.95%	164.52%
Gross Margin	100.00%	100.00%	100.00%	100.00%	35.53%	36.52%
Operating Margin	11.53%	11.46%	10.89%	10.50%	9.03%	7.37%
Profit Margin	3.40%	0.95%	6.83%	3.81%	6.49%	4.63%
Free Cash Flow Margin	5.86%	3.15%	7.47%	4.20%	2.32%	15.58%
EBITDA	54.2	53.5	53.5	57.5	44.7	33
EBITDA Margin	14.63%	14.53%	13.64%	13.04%	11.28%	10.18%
D&A For EBITDA	11.5	11.3	10.8	11.2	8.9	9.1
EBIT	42.7	42.2	42.7	46.3	35.8	23.9
EBIT Margin	11.53%	11.46%	10.89%	10.50%	9.03%	7.37%
Effective Tax Rate	17.01%	-	17.79%	22.58%	22.12%	18.92%

Updated Oct 5, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.