NORMA Group discontinues manufacturing in Italy to consolidate its production footprint

NORMA Group has extended its contract with Dr. Daniel Heymann as the company’s Chief Operating Officer (COO) for a further three years. The Supervisory Board of NORMA Group and Dr. Daniel Heymann have mutually agreed to extend the existing contract, which expires in May 2026, by three years until May 2029.

NORMA Group (ISIN DE000A1H8BV3, „NORMA Group“) held its Annual General Meeting in Frankfurt/Main today. Shareholders voted 99.9 percent in favor of the proposal of the Management Board and Supervisory Board to pay a dividend of EUR 0.40 per share for the 2024 financial year. This corresponds to a distribution volume of around EUR 12.7 million.

• Sales in the first quarter of 2025 with a year-on-year decrease of 7.9 percent to EUR 284.2 million
• Adjusted operating profit (EBIT) at EUR 10.3 million; adjusted EBIT margin at 3.6 percent
• One-time items burden earnings in Q1
• Net operating cash flow increases to EUR 3.1 million
• Initiated transformation of the Group into a focused industrial supplier will be driven forward

NORMA Group is supporting British infrastructure provider Northern Gas Networks in the modernization of its gas distribution system in northern England. Since February 2025, NORMA Group's Indian subsidiary Kimplas Piping Systems Private Ltd. (“Kimplas”) has been supplying electrofusion fittings for house connections under a four-year contract to this long-standing customer. Over the course of the agreement, more than 280,000 fittings will be delivered annually through early 2029.

• Group sales 2024 down 5.5 percent to EUR 1,155.1 million
• Adjusted EBIT at EUR 92.3 million; adjusted EBIT margin at 8.0 percent
• Strong cash flow of EUR 105.4 million
• Dividend of EUR 0.40 per share proposed
• Forecast for 2025: Group sales of around EUR 1.1 to around EUR 1.2 billion; adjusted EBIT margin of around 6 to around 8 percent

• Preliminary, unaudited figures put sales for 2024 at around EUR 1.2 billion
• Adjusted operating profit (EBIT) at EUR 92.3 million; adjusted EBIT margin at 8.0 percent
• Strong net operating cash flow at EUR 105.4 million
• Divestment process for the Water Management business initiated

• Donation of EUR 3,000 to organization in Maintal
• Support for social project generates awareness for environmentally-friendly mobility
• Company passes on savings from strong sustainability performance to social organization

• Contract worth around EUR 140 million
• Line systems prevent evaporative emissions from gasoline entering the environment