NORMA Group SE
ISIN: DE000A1H8BV3
WKN: A1H8BV
28 November 2024 06:45PM

Strategic focusing: NORMA Group initiates divestment process for Water Management business

NORMA Group SE · ISIN: DE000A1H8BV3 · EQS - Company News
Country: Germany · Primary market: Germany · EQS NID: 2040763


EQS-Media / 28.11.2024 / 18:45 CET/CEST

Strategic focusing: NORMA Group initiates divestment process for Water Management business

 

Maintal, Germany, November 28, 2024 – NORMA Group intends to focus even more strongly on its core business as a market leader for joining technology. The Management Board decided to initiate a divestment process for the global business activities of the strategic business unit Water Management.

This step is the result of an in-depth review by the Management Board regarding the further strategic direction of the company. The aim is to strengthen the market position of the remaining business units Industry Applications and Mobility & New Energy.

CEO Guido Grandi: “In a persistently difficult market environment, we have reviewed our portfolio and are exploring divestment options for the global Water Management business. In the future, we will concentrate even more strongly on our inherent core business areas: mission-critical joining technology for mobility, infrastructure, machinery and other industrial applications. We see high potential for profitable growth, especially in the area of Industry Applications, both organically and through acquisitions.”

The divestment of the water business will allow NORMA Group to free up resources and capacities for further growth in the business units Industry Applications and Mobility & New Energy. These business units have many synergies, including similar or identical product groups that can be manufactured in the same plants. Respective products are metal clamps, pipe couplings, plastic quick connectors, fluid-transport systems and other joining elements.

Guido Grandi: “Our long-term objective remains unchanged: We want to offer our customers added value with innovative joining technology and achieve sustainable profitable growth. The process we have now initiated is in line with our ‘Step Up’ program launched in 2023, as we will continue to consistently pursue the expansion of the industrial business.”

NORMA Group was founded in 2006 as a merger of two European companies for joining technology. Since 2012, the company has been developing business with water management products through several company acquisitions. In the strategic business unit Water Management, around 1,500 employees worldwide generated sales of around EUR 300 million in the fiscal year 2023, which corresponds to around a quarter of Group sales of around EUR 1.2 billion.

NORMA Group will now initiate the divestment process. The duration and outcome of this process are open at this time.

 

Additional information on the company is available at www.normagroup.com. Press photos are available from our platform on www.normagroup.com/images.

 

 

Press Contact

Lina Bosbach

Director Group Communications

E-Mail: Lina.Bosbach@normagroup.com

Tel.: +49 (0)6181 – 6102 7606

 

Jennifer Oborny

Group Communications Manager

Email: Jennifer.Oborny@normagroup.com

Phone: +49 (0)6181 – 6102 7604

 

Investor Contact

Sebastian Lehmann

Vice President Investor Relations & Corporate Social Responsibility

E-Mail: Sebastian.Lehmann@normagroup.com

Tel.: +49 152 34601581

 

About NORMA Group
NORMA Group is an international market leader in engineered and standardized joining and fluid-handling technology. With around 7,700 employees, NORMA Group supplies customers in over 100 countries with more than 40,000 product solutions. NORMA Group supports its customers and business partners in responding to global challenges such as climate change and the increasing scarcity of resources. NORMA Group’s products help reduce emissions harmful to the climate and use water more efficiently. Its innovative joining solutions are used in water supply, irrigation and drainage systems, vehicles with conventional and alternative drive systems, ships and aircraft, as well as buildings. NORMA Group generated sales of around EUR 1.2 billion in 2023. The company has a global network of 25 production sites and numerous sales offices in Europe, North, Central and South America and the Asia-Pacific region. Its headquarters are located in Maintal near Frankfurt/Main. NORMA Group SE is listed on the Frankfurt Stock Exchange in the regulated market (Prime Standard) and is a member of the SDAX.



End of Media Release


Issuer: NORMA Group SE
Key word(s): Industry

28.11.2024 CET/CEST Dissemination of a Press Release, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language: English
Company: NORMA Group SE
Edisonstr. 4
63477 Maintal
Germany
Phone: +49 6181 6102 741
Fax: +49 6181 6102 7641
E-mail: ir@normagroup.com
Internet: www.normagroup.com
ISIN: DE000A1H8BV3
WKN: A1H8BV
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 2040763

 
End of News EQS Media

2040763  28.11.2024 CET/CEST

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Boersengefluester.de (BGFL) provides an overview of the key figures on sales, earnings, cash flow and dividends to help you better assess the fundamental development of the respective companies. All information is entered manually in our database - the source is the respective annual reports. All estimates for future figures are provided by BGFL.

The most important financial data at a glance
  2018 2019 2020 2021 2022 2023 2024e
Sales1 1.084,14 1.100,10 952,17 1.091,91 1.243,01 1.222,78 1.265,00
EBITDA1,2 196,97 173,80 99,31 167,59 157,24 154,04 162,00
EBITDA-Margin3 18,17 15,80 10,43 15,35 12,65 12,60 12,81
EBIT1,4 133,50 96,68 20,15 92,07 76,52 76,12 84,00
EBIT-Margin5 12,31 8,79 2,12 8,43 6,16 6,23 6,64
Net Profit (Loss)1 91,79 58,45 5,48 56,07 39,18 27,92 43,00
Net-Margin6 8,47 5,31 0,58 5,14 3,15 2,28 3,40
Cashflow1,7 91,79 137,08 133,54 108,39 76,52 118,91 130,00
Earnings per share8 2,88 1,83 0,18 1,76 1,23 0,87 1,35
Dividend per share8 1,10 0,04 0,70 0,75 0,55 0,45 0,55
Quelle: boersengefluester.de and Company information
Explanation

1 in Mio. Euro; 2 EBITDA = Earnings before interest, taxes, depreciation and amortisation; 3 EBITDA in relation to sales; 4 EBIT = Earnings before interest and taxes; 5 EBIT in relation to sales; 6 Net profit (-loss) in relation to sales; 7 Cashflow from operations; 8 in Euro; Source: boersengefluester.de

Auditor: KPMG

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INVESTOR-INFORMATION
©boersengefluester.de
Norma Group
WKN ISIN Legal Type Marketcap IPO Recommendation Plus Code
A1H8BV DE000A1H8BV3 SE 464,55 Mio € 08.04.2011 Halten 9F2C4RWJ+8X
* * *
PE 2025e PE 10Y-Ø BGFL-Ratio Shiller-PE PB PCF KUV
9,47 16,90 0,56 7,86 0,68 3,91 0,38
Dividends
Dividend '2022
in €
Dividend '2023
in €
Dividend '2024e
in €
Div.-Yield '2024e
in %
0,55 0,45 0,55 3,77%
Financial calendar
Annual General Meeting Q1-figures Q2-figures Q3-figures Annual press conference
13.05.2025 06.05.2025 12.08.2025 05.11.2024 01.04.2025
Performance
Distance 60-days-line Distance 200-days-line Performance YtD Performance 52 weeks IPO
Last Price (EoD)
-1,22%
14,58 €
ATH 70,15 €
+7,30% -9,09% -9,05% -8,07% -30,57%

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