Detail akcie NORMA Group N online

Business Summary: Norma Group SE is a Germany-based manufacturer of engineered joining technology solutions. The Company focuses on three product categories: Clamp, Connect and Fluid. The Clamp product portfolio comprises clamp products manufactured from unalloyed steels or stainless steel for joining or sealing elastomer hoses. The Connect product portfolio includes connectors made of unalloyed steels or stainless steel that are party equipped with elastomer or metal seals and are used as the joining and sealing elements of metal and thermoplastic pipes. The Fluid product portfolio includes single and multiple layer thermoplastic plug-in connectors for liquid systems, as well as solutions for applications in the sectors of storm water management and landscape irrigation. It operates, among others, through Lifial - Industria Metalurgica de Agueda Lda, a Portugal-based manufacturer of heavy duty clamps, pipe supporting clamps, and U-bolt clamps for mounting antennas and solar modules.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2023, Norma Group SE revenues decreased 2% to EUR1.22B. Net income decreased 29% to EUR27.8M. Revenues reflect America segment decrease of 7% to EUR534.5M, Asia Pacific segment decrease of 3% to EUR173.6M. Net income also reflects Interest Expense increase from EUR9.7M to EUR22.3M (expense), Employee benefits expense increase of 4% to EUR321.8M (expense).