NORMA Group on course for record performance
Issuing its third quarter report NORMA Group AG confirmed its expectations that sales growth for the full financial year would be at the top end of the range.
After nine months of 2011 Group sales improved to 442 million euros, up 22% on the same period 2010. 16.4% of the growth was organic, with a further 7.4% coming from acquisitions. Adjusted EBITA rose to 80.1 million euros, an increase of 23.6% compared to the first three quarters of 2010. The adjusted EBITA margin was 18.1%. […]
