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     278  0 Kommentare NORMA Group concludes a successful first year as a listed company



    NORMA Group AG / Key word(s): Enterprise/
    NORMA Group concludes a successful first year as a listed company

    DGAP-Media / 04.04.2012 / 09:18




    NORMA Group concludes a successful first year as a listed company

      - Capital from the IPO drives growth and profitability

      - 56.2 per cent of the share capital in free float since the initial
        listing on 8 April 2011

      - Shares represented in the SDAX since June 2011

    Maintal, Germany, 4 April 2012 - NORMA Group AG (´NORMA Group´), a global
    market and technology leader for engineered joining technology, looks back
    over a successful first year as a listed company.´ The IPO has been an
    important milestone for NORMA Group. Taking our company public and
    subsequently refinancing NORMA Group laid the foundations for future
    growth, ´ says Werner Deggim, CEO of NORMA Group. The shares of NORMA Group
    started trading in the Prime Standard of the Frankfurt stock exchange on 8
    April 2011. In spite of a volatile capital market environment, 16 million
    shares were issued primarily to German and international institutional
    investors during the IPO at an issuing price of EUR 21. Only two months
    later, i.e. in June 2011, the company was included in the SDAX equity
    index.

    NORMA Group achieved its objective of continued growth after the IPO. 2011
    was a record year for the company with growth across all regions and
    business areas. Sales increased by 18.5 per cent to EUR 581.4 million in
    fiscal year 2011. Adjusted operating earnings (adjusted EBITA) grew by 20.2
    per cent to EUR 102.7 million. ´The record results show that we can grow
    strongly and remain profitable. Our investments in 2011 focused
    particularly on the growth markets of Asia, Eastern Europe and South
    America in order to participate in the growth of those markets, ´ Deggim
    stresses.

    In spite of the positive business development, the stock was not immune to
    the negative financial market trend that started late in the summer of
    2011. The publication of record numbers for the third quarter 2011 in
    mid-November 2011 further built trust in the stability and continuity of
    the business model and thus in the shares of NORMA Group, which could
    recover substantially and establish themselves in the capital market. Since
    the numbers for the third quarter were published on 15 November 2011 the
    shares have climbed by around 38 per cent. In comparison, the SDAX climbed
    by approximately 16 per cent. Free float currently amounts to 56.2 per
    cent. As a result, NORMA Group has a market capitalisation of more than EUR
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    NORMA Group concludes a successful first year as a listed company NORMA Group AG / Key word(s): Enterprise/NORMA Group concludes a successful first year as a listed companyDGAP-Media / 04.04.2012 / 09:18NORMA Group concludes a successful first year as a listed company   - Capital from the IPO drives growth and …

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