NORMA reports slight growth in 2016 | Fastener + Fixing

Article by · 2017/03/28 ·

NORMA Group reported 2016 sales increasing by 0.6% to €894.9 million, based on preliminary and unaudited figures.

The acquisition of Autoline, which manufactures automotive quick connectors for fluid lines in in France, Mexico and China, contributed €3.5 million to sales. Group organic growth in 2016 was 0.9% compared with 2015. Currency effects negatively impacted sales growth by 0.7%.(…)

via NORMA reports slight growth in 2016.