The Norcros Board has recommended a final dividend of 7.6p per share (2025: 6.9p). This, combined with the interim dividend of 3.7p per share (2025: 3.5p), results in a total dividend of 11.3p per share (2025: 10.4p).
This final dividend, if approved at the Annual General Meeting, will be payable on 3 August 2026 to shareholders on the register on 26 June 2026. The shares will be quoted ex-dividend on 25 June 2026. Norcros plc operates a Dividend Reinvestment Plan (DRIP). If a shareholder wishes to use the DRIP, the latest date to elect for this in respect of this final dividend is 10 July 2026.
Other Financial Highlights:
- Group revenue up 10.6% in a challenging market, driven by the acquisition of Fibo and market share gains
- Group underlying operating profit up 7.9% to £48.0m (2025: £44.5m)
- Excellent cash conversion of 116% (2025: 84%) with underlying net debt of £65.8m (1.2x leverage), demonstrating the Group's ability to rapidly reduce leverage following debt-funded acquisitions
- Underlying return on capital employed (ROCE) up 2.7% to 20.0%
- EPS (diluted and underlying) is 35.8p (2025: 33.4p)
