ISO/FDIS NORMA Group AG achieved record sales and earnings figures in the 2011 financial year and expects 2012 sales to grow by between three and six percent.
-2 Mechanical properties of fasteners made of carbon steel and alloy steel – Part 2 Nuts with specified property classes – Coarse thread and fine pitch thread.
For the 2011 reporting period NORMA sales improved by 18.5% to 581.4 million euros (2010: 490.4 million euros). Excluding acquisitions, NORMA Group’s organic growth came to 65.6 million euros in 2011, representing a 13.4% increase year-on-year.
The US companies R.G.Ray (NORMA Illinois) and Craig Assembly (NORMA St. Clair) were fully integrated at the end of the first quarter of 2011 and generated 32 million euros in the 2011 financial year.
NORMA Group’s adjusted operating earnings totalled (…)
