Edition:
United States

Norma Group SE (NOEJ.DE)

NOEJ.DE on Xetra

43.40EUR
24 Mar 2017
Change (% chg)

€0.52 (+1.22%)
Prev Close
€42.87
Open
€42.94
Day's High
€43.62
Day's Low
€42.81
Volume
126,725
Avg. Vol
101,194
52-wk High
€50.91
52-wk Low
€35.19

Latest Key Developments (Source: Significant Developments)

Norma sees core profit margin remaining above 17 pct in 2017
Wednesday, 22 Mar 2017 02:07am EDT 

Norma Group SE : 2016 net profit up 2.7 percent at 75.9 million eur . Says to propose dividend of 0.95 eurper share for 2016 . Says sees organic revenue growth of 1-3 percent in 2017 . Says expects in addition revenues of around 45 million euros from acquisitions of Autoline, Lifial . Says sees 2017 adjusted EBITA margin of more than 17 percent . Says does not rule out further acquisitions in 2017 .Says aims to pay dividend of 30-35 percent of adjusted net profit for 2017.  Full Article

Norma Group completes acquisition of Autoline business from Parker Hannifin
Thursday, 1 Dec 2016 04:06am EST 

Norma Group SE : Successfully completes acquisition of Parker Hannifin's global Autoline business for quick connectors .Consolidation of autoline is effective immediately. Business is expected to generate global sales of around 40 million euros ($42.44 million)for fiscal year 2017.  Full Article

Norma affirms guidance after in-line Q2 earnings
Wednesday, 3 Aug 2016 01:05am EDT 

Norma : Q2 sales 236.2 million eur . Norma Q2 adjusted EBITA 43.8 million eur . Reuters poll average for Norma Q2 revenue was 238 million eur, adjusted EBITA 43.1 million, net profit 21.6 million . Norma Q2 adjusted EBITA margin 18.5 percent .Says outlook for 2016 confirmed.  Full Article

Norma Group says to buy Parker Autoline
Friday, 24 Jun 2016 01:01am EDT 

Norma Group SE : Says to buy Parker Autoline, with expected 2016 sales of arouned 40 mln euros Further company coverage: [NOEJ.DE] ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).  Full Article

Norma Group confirms outlook for financial year 2016
Tuesday, 3 May 2016 08:00pm EDT 

Norma Group SE:Confirms outlook for financial year 2016.In 2016 expects to see solid organic sales growth of around 2 to 5 percent compared to 2015 and will strive to achieve a sustainable adjusted EBITA margin at the same level of previous years of over 17 percent (2015: 17.6 percent; 2014: 17.5 percent; 2013: 17.7 percent).  Full Article

Norma Group SE Establishes Partnership with Saint Vincent College
Thursday, 14 Apr 2016 11:49am EDT 

Norma Group SE:Establishes partnership with Saint Vincent College in USA.  Full Article

Norma Group gives FY 2016 outlook, to propose FY 2015 dividend
Tuesday, 22 Mar 2016 08:00pm EDT 

Norma Group SE:To propose a dividend of 0.90 euros per share for FY 2015, an increase of EUR 0.15.Expects solid organic sales growth of between 2 pct and 5 pct year-on-year for FY 2016.Sustainable adjusted EBITA margin of over 17 pct as in previous years is targeted for FY 2016.  Full Article

Norma Group wins large order from Chinese oil company
Wednesday, 13 Jan 2016 03:36am EST 

Norma Group SE:Receives large order from a leading petroleum and petrochemical company in China‍​.Shipped 16.000 Normaconnect FGR pipe couplings from its manufacturing plant in Gerbershausen, Germany, to Qingdao, China.  Full Article

Norma Group SE confirms FY 2015 outlook
Wednesday, 4 Nov 2015 01:03am EST 

Norma Group SE:Keeps forecast published in the 2014 annual report and expects solid organic consolidated sales growth of around 4 pct to 7 pct for FY 2015 compared to 2014.  Full Article

Norma Group wins major order from Korean car manufacturer
Wednesday, 21 Oct 2015 03:36am EDT 

Norma Group SE:Receives large order from Korean car manufacturer.Beginning in 2017, Norma Group will manufacture several million joining products per year at its plant in Changzhou, China.  Full Article

More From Around the Web

Norma remains on lookout for acquisitions: CEO

FRANKFURT Germany's Norma remains on the lookout for acquisitions as it nears competition of a takeover of France-based car parts maker Parker Autoline, Chief Executive Werner Deggim said.