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    DGAP-News  229  0 Kommentare NORMA Group raises dividend for the sixth time in a row - Seite 2



    Share price rises again

    The difficult economic situation in fiscal year 2016 also had an impact on the share price. It fell by 20.7 percent during the year. The comparative index MDax achieved a slight gain of 6.8 percent over the same period. "The price of the NORMA Group share developed weaker than the overall market in 2016. This was mainly due to how the US business developed and the corresponding correction of our sales forecast in November. Since then, the share has risen again by around a third," said Werner Deggim.

    Good start to fiscal year 2017

    In the first quarter of 2017, NORMA Group generated strong sales of EUR 254.9 million, an increase of 12.5 percent compared to the same quarter of the previous year. Organic growth was 4.6 percent, supplemented by growth from acquisitions of 6.5 percent. Currency effects contributed positively to sales growth at 1.4 percent. Adjusted EBITA rose by 12.2 percent between January and March 2017 compared to the same period of the previous year to EUR 45.0 million, while the adjusted EBITA margin remained at a sustained high level of 17.7 percent.

    "In light of the good results in the first quarter of 2017, we can confirm our forecast for the full 2017 fiscal year. We expect sales in 2017 to show moderate organic growth of 1 to 3 percent compared to 2016," said Werner Deggim. "In addition, we expect revenues from the acquisitions of Autoline and Lifial to total approximately EUR 45 million." Another objective is to achieve a sustained adjusted EBITA margin at the previous years' level of over 17 percent (2016: 17.6 percent, 2015: 17.6 percent, 2014: 17.5 percent).



    Further information on the Annual General Meeting can be found at www.normagroup.com/AGM. Press photos are available from our platform on www.normagroup.com/images.



    Contact

    NORMA Group SE

    Alexandra Lipkowski

    Group Communications

    E-mail: alexandra.lipkowski@normagroup.com

    Tel: +49 (0)6181 - 6102 747

    About NORMA Group

    NORMA Group is a global market leader in engineered joining technology. The company manufactures a wide range of innovative connecting solutions and water management technology offering more than 35,000 products to customers in 100 countries with around 7,200 employees. NORMA Group helps its customers and business partners react to global challenges such as climate change and increasing scarcity of resources. NORMA Group joining products can be found in vehicles and trains, ships and aircraft, buildings and water management as well as in applications for the pharmaceutical and biotechnology industry. The company generated sales of around EUR 895 million in 2016. NORMA Group operates a global network of 28 production facilities as well as numerous sales and distribution sites across Europe, the Americas, and Asia-Pacific. NORMA Group has its headquarters in Maintal, Germany. NORMA Group SE is listed on the German stock exchange (Prime Standard) and included in the MDAX index.

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    DGAP-News NORMA Group raises dividend for the sixth time in a row - Seite 2 DGAP-News: NORMA Group SE / Key word(s): Dividend NORMA Group raises dividend for the sixth time in a row 23.05.2017 / 12:56 The issuer is solely responsible for the content of this announcement. NORMA Group raises dividend for the sixth time in a …