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Retail & Consumer

Triton and Johnson Tiles owner hails recovery from Covid-19 pandemic as profits rise

The group operates seven brands in the º£½ÇÊÓÆµ and four in South Africa

Norcros is headquartered in Cheshire

The bathroom supplies group behind the Triton and Johnson Tiles brands has hailed its recovery from the Covid-19 pandemic which including its profits increasing.

Shower and tiles maker Norcros has reported pre-tax profits of £30.6m for the 12 months to March 31, 2021, up from £28.8m, while its operating profits also increased from £32.3m to £33.8m.

The Wilmslow-based firm's revenue dripped from £342m to £324m over the same period.

In the º£½ÇÊÓÆµ, the group's brands also include Merlyn, Vado, Croydex, Abode and Norcros Adhesives. Its South Africa brands are Tile Africa, Johnson Tiles South Africa, TAL and House of Plumbing.

Acting chairman David McKeith said: "Norcros has recovered very strongly from a period of unprecedented global disruption and uncertainty caused by the Covid-19 pandemic.

"The resilience of the group's business model and strategy is proving to be highly effective; this was particularly evident in the last financial year as we outperformed the market in the most unpredictable trading environment we have ever experienced.

"The board is confident that this outperformance can be sustained."