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Provider: Reuters Investment Profile
Provider: Sadif Analytics Prime
Provider: Wright Reports

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NORMA Group AG to Issue FY 2012 Dividend; Comments on FY 2013 and FY 2014 Outlook

Wednesday, 27 Mar 2013 02:11am EDT 

NORMA Group AG announced that it plans to propose a dividend of EUR 0.65 per share for fiscal year 2012. Furthermore, the Company expects Group sales to grow moderately in the fiscal year 2013 compared to the previous fiscal year 2012, unless the economy slows down. The Company strives for a sustainable EBITA margin on the level of the past three years of more than 17% in the fiscal year 2013 (2010: 17.4%; 2011: 17.7%; 2012: 17.4%). The Company's sales growth should increase in the fiscal year 2014 compared to the fiscal year 2013. The Company expects to further increase both Group sales and earnings across all three segments in 2014. 

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