(firmenpresse) – DGAP-News: NORMA Group AG / Key word(s): Half Year Results/Quarter
Results
NORMA Group AG still on course for success14.08.2012 / 07:07
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NORMA Group AG still on course for success
– Group sales up 7.4% in the first half of 2012 to EUR 317.7 million
– Adjusted EBITA improves by 7.3% to EUR 57.8 million
– Particularly positive sales growth in the Americas and Asia-Pacific
– Outlook for 2012 financial year confirmed
Maintal, Germany, 14 August 2012 – NORMA Group AG (‘NORMA Group’), an
international market and technology leader in engineered joining
technology, had a very successful first half in 2012. Group sales increased
by 7.4% between January and June 2012 to EUR 317.7 million (first half of
2011: EUR 295.9 million). Organic growth came to 3.4%. Positive currency
effects (+2.9%) and the acquisition of the Swiss company Connectors
Verbindungstechnik AG (+1.1%) on 19 April also contributed to the increase
in revenues. Adjusted operating earnings (adjusted EBITA) rose to EUR 57.8
million in the first half of 2012, a significant increase of 7.3%.The
adjusted EBITA margin was 18.2% in the first half of 2012, similar to the
high level of the first half of 2011.‘NORMA Group is still on course for growth. We are satisfied with our
performance in the first half of the year. We improved our sales and
earnings once again, despite challenging economic conditions. Our order
backlog remains high, showing that global demand for our products remains
healthy,’ said Werner Deggim, CEO of NORMA Group. The order backlog
totalled EUR 229.3 million at the end of the first half of 2012, a 5.5%
increase over the same period in the previous year (EUR 217.3 million).
‘Our consistent growth is shoring up NORMA Group’s leading position in the (…)
