NORMA Group builds up production in Atibaia in Brazil

NORMA Group has been awarded a major contract with a large global truck manufacturer in North America. The contract comprises various V-band clamp applications with a volume of up to EUR 22 million over the lifespan of seven years.

Teleios Capital Global Opportunities Master Fund, Ltd., the anchor investor of NORMA Group SE, has informed the company that it endorses the proposals published by NORMA Group SE management for the upcoming Annual General Meeting and intends to vote in favor of all proposals with the entirety of shares they hold.

• Public share buyback offer of up to EUR 208 million proposed as previously announced
• Annual General Meeting to vote on the proposal on July 1
• Targeted changes to the governance structure: Supervisory Board to be reduced to five members
• Benjamin Schmid proposed for election as a new member of the Supervisory Board 

• Group sales at EUR 208.6 million, below prior year in what remains a weak market environment
• Adjusted EBIT at EUR 6.3 million; adjusted EBIT margin at 3.0 percent
• Net operating cash flow impacted by expected non-recurring effect from the sale of the water management business; before one-off effect slightly higher than prior year
• Business units: Industry Applications generates organic growth; Mobility & New Energy remains below prior-year level
• Major order in Mobility & New Energy and orders in Industry Applications strengthen new business pipeline
• Divestment of water management business completed; NORMA Group net debt-free at the end of Q1
• Initial share buyback offer completed
• Outlook for full year 2026 confirmed

NORMA Group has secured a major contract for fuel vapor purge lines and other fluid lines from a leading automotive manufacturer. Starting in 2029, NORMA Group will deliver plastic line systems directly to the OEM’s plants in the US and in Europe. The total volume of the seven-year-contract is up to EUR 30 million.

• Group sales at EUR 821.7 million in a weak market environment
• Adjusted EBIT at EUR 6.3 million; margin of 0.8 percent at upper end of forecast range
• Net Operating cash flow at EUR 95.8 million despite declining volumes
• Sale of water management business and share buyback offer amounting to 10 percent of share capital successfully completed; capital reduction planned
• Dividend of EUR 0.14 per share proposed
• Annette Stieve steps down from CFO role; Okan Celiker takes over in an acting capacity
• Efforts in 2026 and beyond to focus on restructuring, footprint optimization, strengthening sales and profitable growth
• Annual General Meeting on July 1, 2026

• Award recognizes the company’s continuous increase in proportion of women in leadership bodies 
• Women make up 50 percent of the Supervisory Board and 66 percent of the Management Board: NORMA Group among the leaders in the German business community
• The 2026 “Women on Board” award from the initiative “Women on Supervisory Boards (FidAR)” was presented to CEO Birgit Seeger and Supervisory Board member Kerstin Müller-Kirchhofs at a ceremony in Berlin

First step of the announced capital return following the divestment of the water business

Public share buyback offer for up to 3,186,240 shares at a price of EUR 16.59 per share

Further capital measures are currently being prepared