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Norma Group SE (NOEJ.DE)

NOEJ.DE on Xetra

28.02EUR
23 Aug 2019
Change (% chg)

€-0.78 (-2.71%)
Prev Close
€28.80
Open
€29.00
Day's High
€29.00
Day's Low
€28.02
Volume
90,524
Avg. Vol
109,119
52-wk High
€59.50
52-wk Low
€26.36

Latest Key Developments (Source: Significant Developments)

Norma Cuts 2019 Forecast On Weaker Global Automotive Market
Monday, 5 Aug 2019 

Aug 6 (Reuters) - Norma Group SE ::SALES IN H1 2019 UP 2.9% Y/Y TO 564.7 MILLION EUR.ADJUSTED EBITA DECLINED BY 8.2 PERCENT TO EUR 80.6 MILLION IN FIRST HALF OF 2019.FORECAST FOR FINANCIAL YEAR 2019 REVISED.CURRENCY EFFECTS HAD A POSITIVE EFFECT OF 2.8 PERCENT OR EUR 15.4 MILLION ON SALES.ADJUSTED EARNINGS BEFORE INTEREST, TAXES AND AMORTIZATION OF INTANGIBLE ASSETS (ADJUSTED EBITA) FELL BY 8.2 PERCENT YEAR-ON-YEAR IN FIRST HALF OF 2019 TO EUR 80.6 MILLION (H1 2018: EUR 87.7 MILLION).ADJUSTED EBITA MARGIN WAS 14.3 PERCENT (H1 2018: 16.0 PERCENT).LOWER ORGANIC SALES VOLUME AND COSTS OF INTRODUCING AN ERP SYSTEM AT A SITE IN LATIN AMERICA, AMONG OTHER FACTORS, HAD A NEGATIVE IMPACT.NET OPERATING CASH FLOW INCREASED BY EUR 12.2 MILLION TO EUR 28.6 MILLION (H1 2018: EUR 16.4 MILLION).SALES INCREASED BY 4.6 PERCENT TO EUR 289.0 MILLION IN Q2 OF 2019 (Q2 2018: EUR 276.4 MILLION).ORGANIC SALES DECLINED BY 0.4 PERCENT IN Q2.KIMPLAS AND STATEK, COMPANIES ACQUIRED IN 2018, CONTRIBUTED 2.4 PERCENT TO SALES GROWTH, WHILE CURRENCY EFFECTS CONTRIBUTED 2.5 PERCENT.ADJUSTED EARNINGS BEFORE INTEREST, TAXES AND AMORTIZATION OF INTANGIBLE ASSETS (ADJUSTED EBITA) FELL BY 2.6 PERCENT YEAR-ON-YEAR IN Q2 OF 2019 TO EUR 40.9 MILLION (Q2 2018: EUR 42.0 MILLION).ADJUSTED EBITA MARGIN WAS 14.2 PERCENT (Q2 2018: 15.2 PERCENT).NET OPERATING CASH FLOW FELL BY EUR 1.4 MILLION TO EUR 28.8 MILLION (Q2 2018: EUR 30.2 MILLION).  Full Article

NORMA CEO Bernd Kleinhens To Leave Management Board On July 31, 2019
Friday, 19 Jul 2019 

July 19 (Reuters) - NORMA GROUP SE ::CEO MR. BERND KLEINHENS WILL LEAVE THE MANAGEMENT BOARD OF NORMA GROUP SE WITH EFFECT AS OF THE END OF 31 JULY 2019.INITIATING PROCESS TO FIND A DEFINITIVE SOLUTION TO FILL POSITION AS CHAIRMAN OF MANAGEMENT BOARD.MICHAEL SCHNEIDER TAKES OVER DUTIES OF CHAIRMAN AD INTERIM ADDITIONALLY TO HIS FUNCTION AS CFO.  Full Article

NORMA Group Lowers FY 2019 Guidance
Friday, 19 Jul 2019 

July 19 (Reuters) - NORMA GROUP SE ::ADJUSTMENT OF FULL YEAR GUIDANCE FOR 2019.WILL REACH AN ORGANIC SALES GROWTH IN RANGE OF AROUND -1% UNTIL AROUND 1% IN FULL YEAR 2019 (PREVIOUSLY: 1% UNTIL 3%).EXPECTS AN ADJUSTED EBITA MARGIN OF MORE THAN 13%* FOR FULL YEAR 2019 (PREVIOUS FORECAST: AT LOWER END IN RANGE OF BETWEEN 15% AND 17%).MAIN REASON FOR THIS IS A WEAKER-THAN-EXPECTED MARKET ENVIRONMENT IN GLOBAL AUTOMOTIVE BUSINESS.SEES NET OPERATING CASH FLOW OF EUR 90 MILLION* (PREVIOUSLY: EUR 100 MILLION).WORLDWIDE TRADE DISPUTES AND SANCTIONS HAVE A NEGATIVE IMPACT.SALES OF EUR 289.0 MILLION IN Q2 OF 2019.Q2 EBITA MARGIN WAS AT 14.2% (Q2:2018:15.2%).Q2 NET OPERATING CASH FLOW AMOUNTED TO EUR 28.8 MILLION (Q2 2018: EUR 30.2 MILLION).  Full Article

NORMA Group Receives Order From Chinese Car Manufacturer
Wednesday, 3 Apr 2019 

April 3 (Reuters) - NORMA GROUP SE ::TO DEVELOP THERMAL MANAGEMENT SYSTEMS FOR ELECTRIC VEHICLES OF CHINESE CAR MANUFACTURER.AROUND HALF A MILLION ELECTRIC VEHICLES TO BE EQUIPPED BY 2024.  Full Article

Norma Group Wins Order For Exhaust Aftertreatment Products In India
Thursday, 13 Dec 2018 

Dec 13 (Reuters) - Norma Group SE ::NORMA GROUP RECEIVES LARGE ORDER FOR EXHAUST AFTERTREATMENT PRODUCTS IN INDIA.BY 2024, SOME 250,000 VEHICLES PER YEAR WILL BE EQUIPPED WITH NORMA GROUP PRODUCTS.  Full Article

NORMA Group Adjusts FY 2018 Forecast
Thursday, 26 Jul 2018 

July 26 (Reuters) - NORMA GROUP SE ::ADJUSTMENT OF THE FORECAST FOR THE FULL YEAR 2018.SALES OF EUR 276.4 MILLION IN Q2 OF 2018.Q2 ADJUSTED EBITA MARGIN WAS 15.2% (Q2:2017:17.7%).NORMA GROUP - WITH REGARD TO DEVELOPMENT OF ORGANIC GROUP SALES IN 2018, STICKS TO FORECAST RAISED AT BEGINNING OF MAY OF AROUND 5% TO 8%, WHEREAS AIMING TO REACH UPPER END OF SPECTRUM.Q2 NET OPERATING CASH FLOW AMOUNTED TO EUR 30.2 MILLION (Q2 2017: EUR 36.0 MILLION).NORMA - MAIN REASONS FOR OUTLOOK CHANGE ARE INCREASED RAW MATERIAL PRICES, FORCE MAJEURE FOR IMPORTANT PLASTIC COMPONENTS AND RISING TRADE BARRIERS.FOR 2018, MANAGEMENT BOARD EXPECTS AN ADJUSTED EBITA MARGIN OF BETWEEN 16% AND 17%.FOR 2018, MANAGEMENT BOARD EXPECTS NET OPERATING CASH FLOW OF EUR 130 MILLION (PREVIOUSLY: EUR 140 MILLION).  Full Article

Norma To Buy Metal Processing Supplier Statek Stanzereitechnik
Wednesday, 6 Jun 2018 

June 6 (Reuters) - Norma Group SE ::DGAP-NEWS: NORMA GROUP TO ACQUIRE A SUPPLIER IN THE AREA OF METAL PROCESSING.SIGNED AN AGREEMENT TO ACQUIRE STATEK STANZEREITECHNIK GMBH.PARTIES HAVE AGREED NOT TO DISCLOSE DETAILS OF AGREEMENT.COMPLETION IS EXPECTED AFTER ANTITRUST APPROVAL IN MID-2018.  Full Article

NORMA Group: Lars Magnus Berg New Chairman Of Supervisory Board
Thursday, 17 May 2018 

May 17 (Reuters) - Norma Group SE ::DGAP-NEWS: LARS MAGNUS BERG NEW CHAIRMAN OF THE SUPERVISORY BOARD OF NORMA GROUP SE.  Full Article

NORMA Group: Supervisory Board Chairman Stefan Wolf Not Re-Elected
Thursday, 17 May 2018 

May 17 (Reuters) - Norma Group SE ::DGAP-ADHOC: NORMA GROUP SE: SUPERVISORY BOARD CHAIRMAN DR. STEFAN WOLF NOT RE-ELECTED.SUPERVISORY BOARD WILL ELECT A NEW CHAIRMAN FROM AMONG ITS MEMBERS.  Full Article

NORMA Group Increases Sales Forecast For 2018
Monday, 7 May 2018 

May 7 (Reuters) - Norma Group SE ::DGAP-ADHOC: NORMA GROUP SE: NORMA GROUP SE INCREASES ITS SALES FORECAST FOR FINANCIAL YEAR 2018.NOW SEES ORGANIC SALES GROWTH, EXCLUDING CURRENCY AND ACQUISITION-RELATED EFFECTS, OF AROUND 5% TO 8% IN 2018 VERSUS 2017.EXTEND GAINS, NOW UP 4.2 PERCENT.NORMA GROUP - IN AMERICAS REGION NOW EXPECTS A STRONG ORGANIC GROWTH (PREVIOUS FORECAST: 'SOLID ORGANIC GROWTH') IN 2018.NORMA GROUP - IN ASIA-PACIFIC REGION EXPECTS A HIGHER THAN ORIGINALLY ASSUMED ORGANIC GROWTH IN DOUBLE-DIGIT RANGE IN 2018.  Full Article

German stocks - Factors to watch on August 6

BERLIN/FRANKFURT, Aug 6 The following are some of the factors that may move German stocks on Tuesday: