BUILDING ON WHAT MAKES US GREAT TODAY
Over the last decade, our organic and M&A consolidation strategy has resulted in Norcros becoming the UK & Ireland’s number one bathroom products group. As we move into the next strategic cycle, we have updated our strategy and set ambitious new medium-term targets.
Our strategic plan builds on our core strengths and will accelerate our growth.
OUR MEDIUM-TERM TARGETS
Organic Growth
2-3% pa
above market
OPERATING MARGIN
15%
CASH CONVERSION
>90%
ROCE
>20%
SCIENCE-BASED CARBON EMISSIONS TARGETS
Reduce absolute Scopes 1 and 2 GHG emissions by 33.6% (2023 base year)
Reduce absolute Scope 3 GHG emissions by 20.0% (2023 base year)