-
About NORMA Group
Company information
Strategy
Corporate Responsibility
-
-
Investor Relations
Management and Corporate GovernanceSharePublications and EventsOnline ReportsFinancial FiguresCreditor RelationsAGMServicesManagement and Corporate Governance
Share
Publications and Events
Online Reports
Financial Figures
Creditor Relations
AGM
Services
- Career
- Blog
- Contact us
-
Menu
- Industries
- Products
- Brands
-
About NORMA Group
Company information
Strategy
Corporate Responsibility
-
-
Investor Relations
Management and Corporate GovernanceSharePublications and EventsOnline ReportsFinancial FiguresCreditor RelationsAGMServicesManagement and Corporate Governance
Share
Publications and Events
Online Reports
Financial Figures
Creditor Relations
AGM
Services
- Career
- Blog
- Contact us
NORMA Group with record sales and earnings in 2011
Maintal, Germany, 27 February 2012
- Preliminary sales of fiscal year 2011 exceed forecast
- Sales increase by 18.5% to EUR 581 million compared to the previous year
- Adjusted EBITA improves by 20.2% to EUR 103 million
- Adjusted EBITA margin rises from 17.4% to the record level of 17.7%
- Net debt decreases to below EUR 200 million
- Order backlog increases from EUR 188 million in the previous year to EUR 219 million
NORMA Group AG ("NORMA Group"), an international market and technology leader in engineered joining technology, achieved record sales and earnings in fiscal year 2011. According to preliminary figures, sales grew by 18.5% to EUR 581.4 million (2010: EUR 490.4 million) in the past fiscal year. The adjusted operating earnings (adjusted EBITA) of EUR 102.7 million was up 20.2% year on year (2010: EUR 85.4 million). NORMA Group thus even slightly exceeded the sales forecast it had revised upwards in July 2011. Over the full year, the adjusted EBITA margin improved from 17.4% in the previous year to the record level of 17.7%. The net debt of the SDAX company has been reduced to EUR 198 million (31.12.2010: EUR 344 million). The order backlog increased to EUR 219 million by the end of the financial year 2011 compared to EUR 188 million in the previous year. This enables NORMA Group to look to the fiscal year 2012 with confidence.
Werner Deggim, CEO of NORMA Group: ”We are looking back on a very successful year that even exceeded our own expectations. The IPO in April 2011 was certainly a milestone, but our business and our earnings also showed substantial momentum. We grew across all divisions and regions.“
In its last guidance for the financial year 2011, NORMA Group had forecasted sales of about EUR 570 million and an EBITA margin of near 18.0%.
Positive development including fourth quarter of 2011
In the fourth quarter of 2011, NORMA Group generated sales of EUR 139.6 million up 8.3% compared to the previous year (Q4/2010: EUR 128.9 million). Adjusted EBITA grew by 9.5% to EUR 22.6 million (Q4/2010: EUR 20.6 million). The adjusted EBITA margin was 16.2% (Q4/2010: 16.0%).
