Norcros plc (NXR.L)

215.00 +2.00 (+0.94%) At close: 04:35PM GMT

Norcros plc

Ladyfield House
Station Road
Wilmslow SK9 1BU
United Kingdom
44 16 2554 9010
https://www.norcros.com

Sector(s): Industrials
Industry: Building Products & Equipment
Full-time employees: 2,400

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Nicholas P. Kelsall A.C.A.	CEO & Exec. Director	865.79k	N/A	1957
Mr. James Eyre	CFO & Exec. Director	457.24k	N/A	N/A
Mr. Gary Kennedy	Independent Non-Exec. Board Chair (Leave of Absence)	41.5k	N/A	1958
Mr. Richard H. Collins	Group Counsel & Company Sec.	N/A	N/A	1962
Mr. Chris Mulligan	Director of Corp. Devel. & Strategy	N/A	N/A	N/A
Mr. Stephen Dixon	Managing Director of Johnson Tiles	N/A	N/A	N/A
Mr. David Tutton	Managing Director of Triton	N/A	N/A	N/A
Mr. Charlie Soden	Managing Director of Merlyn	N/A	N/A	N/A
Mr. Matthew Pitt	Managing Director of Abode	N/A	N/A	N/A
Mr. Kevin Swan	Managing Director of South Africa	N/A	N/A	N/A

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in GBp.

Description

Norcros plc, together with its subsidiaries, designs, manufactures, and distributes bathroom and kitchen products in the United Kingdom and South Africa. The company manufactures and distributes electric and mixer showers, and accessories under the Triton brand name; shower enclosures and trays to the residential, commercial, and hospitality sectors under the Merlyn brand; taps, mixer showers, bathroom accessories, and valves under the Vado brand name; and accessories and furniture for the bathroom, such as toilet seats, wall-mounted cupboards, vanity units, shower rods, rails, and curtains to retail and trade customers under the Croydex brand name. It also offers kitchen taps, sinks, and instant hot water taps under the Abode brand name; ceramic wall and floor tiles under the Johnson Tiles brand name; and adhesives, grouts, and surface preparation products under the Norcros Adhesives brand name for fixing ceramic and porcelain tiles, mosaics, natural stones, and marbles. In addition, the company provides tile adhesives, pourable floor coverings, and tiling tools for various types of ceramic, porcelain, or natural stone tiles; and various products for the preparation of floors before the installation of hard and soft floor coverings, including primers, additives, patching and repair compounds, and screeds and self-levelling screeds, as well as waterproofing systems under the TAL brand name, as well as specialist plumbing materials under the House of Plumbing brand name. Further, it manufactures waterproof decorative bathroom wall panels under the Home of Multipanel brand name; and retails wall and floor tiles, adhesives, showers, sanitaryware, and bathroom fittings under the Tile Africa brand name. The company serves consumers, architects, designers, developers, retailers, and wholesalers. Norcros plc was incorporated in 1999 and is headquartered in Wilmslow, the United Kingdom.

Corporate governance

Norcros plc’s ISS governance QualityScore as of 28 January 2023 is 8. The pillar scores are Audit: 6; Board: 7; Shareholder rights: 1; Compensation: 9.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.