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Norma Group SE

NOEJ.DE

Latest Trade

38.24EUR

Change

0.70(+1.86%)

Volume

87,992

Today's Range

37.42

 - 

38.48

52 Week Range

26.36

 - 

55.15

As of on the XETRA ∙ Minimum 15 minute delay

Latest Developments

NORMA Appoints Michael Schneider As CEO

Nov 13 (Reuters) - NORMA GROUP SE <NOEJ.DE>::MICHAEL SCHNEIDER APPOINTED CEO OF NORMA GROUP.SCHNEIDER HAD ALREADY TAKEN ON DUTIES OF INTERIM CEO IN ADDITION TO HIS RESPONSIBILITIES AS CFO ON AUGUST 1, 2019.

Norma Group CEO Doesn’t Rule Out Site Closures To Cut Costs

Nov 6 (Reuters) - Norma Group SE <NOEJ.DE> CEO::ECONOMY IS DIFFICULT THIS YEAR, WE DON'T REALLY EXPECT ECONOMIC GROWTH IN 2020 EITHER.DOESN'T RULE OUT CLOSURE OF SITES AS PART OF COST SAVINGS PROGRAMME.

NORMA 9-Month Sales Up At EUR 838.6 Mln

Nov 6 (Reuters) - NORMA GROUP SE <NOEJ.DE>::SALES INCREASED BY 2.6 PERCENT FROM JANUARY TO SEPTEMBER 2019 OVER THE PREVIOUS YEAR TO 838.6 MILLION EUROS.FORECAST FOR ORGANIC SALES GROWTH AND NOVA ADJUSTED FOR FULL YEAR 2019.9-MONTH ADJUSTED EBITA MARGIN AT 14.2 PERCENT.9-MONTH ORGANIC SALES DECLINED BY 1.6 PERCENT.FOR EMEA REGION, NORMA GROUP EXPECTS A MODERATE ORGANIC SALES DECLINE (PREVIOUSLY: MODERATE ORGANIC GROWTH).NOTICEABLE ORGANIC SALES DECLINE IS EXPECTED IN AMERICAS REGION (PREVIOUSLY: MODERATE ORGANIC DECLINE).EXPECTS TO ACHIEVE 2019 ORGANIC SALES GROWTH WITHIN CORRIDOR OF AROUND -4 PERCENT TO -2 PERCENT (PREVIOUSLY: WITHIN CORRIDOR OF AROUND -1 PERCENT TO 1 PERCENT).IN ASIA-PACIFIC A MODERATE ORGANIC SALES DECLINE IS EXPECTED (PREVIOUSLY: MODERATE ORGANIC GROWTH).FOR NOVA, NORMA GROUP NOW ANTICIPATES A RANGE OF BETWEEN EUR 20 MILLION AND EUR 30 MILLION FOR FULL YEAR 2019 (PREVIOUSLY: BETWEEN EUR 30 MILLION AND EUR 40 MILLION.COMPANY IS STICKING TO ITS FORECAST ISSUED ON JULY 19 FOR FISCAL YEAR 2019 AND CONTINUES TO EXPECT AN ADJUSTED EBITA MARGIN OF OVER 13 PERCENT.OUTLOOK 2019: CONTINUES TO EXPECT AN ADJUSTED EBITA MARGIN OF OVER 13 PERCENT.

NORMA Approves Change Program 'Get On Track'

Nov 5 (Reuters) - NORMA GROUP SE <NOEJ.DE>::HAS APPROVED A CHANGE PROGRAM "GET ON TRACK", AS RESOLVED BY MANAGEMENT BOARD.CHANGE PROGRAM SHOULD RESULT IN COST SAVINGS STARTING IN 2020, WHICH SHALL INCREASE UNTIL 2023 TO ANNUALLY EUR 40 MILLION TO EUR 45 MILLION.ACCUMULATED TOTAL COST VOLUME FOR IMPLEMENTATION OF MEASURES IS EXPECTED TO BE AROUND EUR 45 MILLION TO EUR 50 MILLION UNTIL 2023.COSTS INCURRED IN PROGRAM WILL BE SHOWN ON AN UNADJUSTED BASIS.

NORMA Group Adjusts FY Guidance

Oct 17 (Reuters) - Norma Group SE <NOEJ.DE>::DGAP-ADHOC: NORMA GROUP SE: ADJUSTMENT OF SALES GUIDANCE FOR 2019.ADJUSTS ON BASIS OF EXPECTED DEVELOPMENT OF SALES FOR FULL YEAR 2019 AND BASED ON FIGURES FOR Q3 OF 2019 ITS FORECAST FOR ITS ORGANIC SALES GROWTH.EXPECTS THAT GROUP WILL REACH AN ORGANIC SALES GROWTH IN RANGE OF AROUND - 4% AND - 2% IN FULL YEAR 2019 (PREVIOUSLY: 'IN RANGE OF AROUND - 1% UNTIL AROUND 1%').MAIN REASON FOR THIS IS A STRONG DECLINE IN US-AMERICAN EJT BUSINESS AMONG OTHER THINGS DUE TO STRIKES AT KEY CUSTOMERS IN PASSENGER AND COMMERCIAL VEHICLE SECTOR.EMEA AND ASIA-PACIFIC REGIONS ARE ALSO SLIGHTLY BELOW EXPECTATIONS FROM JULY 19, 2019.REGARDING NOVA, EXPECTS A RANGE BETWEEN EUR 20 MILLION AND EUR 30 MILLION FOR FULL YEAR 2019 .MANAGEMENT BOARD CONTINUOUS TO EXPECT AN ADJUSTED EBITA MARGIN OF MORE THAN 13% FOR FULL YEAR 2019, AS ANNOUNCED ON JULY 19, 2019.REMAINING COMPONENTS OF FORECAST MADE IN 2018 ANNUAL REPORT AND ADAPTION FROM JULY 19, 2019 FOR FULL YEAR 2019 REMAIN UNCHANGED.ACHIEVED SALES OF EUR 274.0 MILLION IN Q3 OF 2019.SALES GROWTH OF 2.2% COMPARED TO SAME QUARTER OF PREVIOUS YEAR.IN Q3 OF 2019, ADJUSTED EBITA MARGIN WAS AT 14.1% (Q3 2018: 16.0%).NET OPERATING CASH FLOW AMOUNTED TO EUR 37.0 MILLION (Q3 2018: EUR 23.0 MILLION).

NORMA Receives Order From Thermal Management Line Systems

Sept 24 (Reuters) - NORMA GROUP SE <NOEJ.DE>::RECEIVES LARGE ORDER FOR THERMAL MANAGEMENT LINE SYSTEMS FOR ELECTRIC VEHICLES.UP TO 400,000 PASSENGER CARS TO BE EQUIPPED BY 2025.

Norma Cuts 2019 Forecast On Weaker Global Automotive Market

Aug 6 (Reuters) - Norma Group SE <NOEJ.DE>::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).

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

July 19 (Reuters) - NORMA GROUP SE <NOEJ.DE>::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.

NORMA Group Lowers FY 2019 Guidance

July 19 (Reuters) - NORMA GROUP SE <NOEJ.DE>::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).

NORMA Group Wins Order From British Car Manufacturer

May 28 (Reuters) - NORMA GROUP SE <NOEJ.DE>::DEVELOPS COOLING WATER TUBE SYSTEMS FOR PASSENGER CARS WITH COMBUSTION ENGINES AND ELECTRIC MOTORS OF A BRITISH CAR MANUFACTURER.MAJOR ORDER TO EQUIP AROUND 1.8 MILLION VEHICLES FROM 2020 ONWARDS.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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