DGAP-News: NORMA Group generates sales and earnings at new high in 2012
(firmenpresse) - DGAP-News: NORMA Group AG / Key word(s): Final Results/Quarter Results
NORMA Group generates sales and earnings at new high in 2012
20.02.2013 / 07:12
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NORMA Group generates sales and earnings at new high in 2012
- Preliminary sales increased by 4% to EUR 605 million compared to the
previous year
- Adjusted EBITA improved by 3% to EUR 105 million
- Adjusted EBITA margin remains strong at 17.4%
Maintal, Germany, 20 February 2013 - NORMA Group AG ('NORMA Group'), a
global market and technology leader for engineered joining technology,
achieved solid growth in financial year 2012. According to preliminary and
unaudited figures, sales grew by 4% to EUR 605 million in the past
financial year (2011: EUR 581 million). This is in line with the revised
guidance from November 2012. The SDAX-listed company, an index for small
and medium-sized companies in Germany, ended financial year 2012 with
adjusted operating earnings (adjusted EBITA) of EUR 105 million in spite of
volatile European markets (2011: EUR 103 million). The adjusted EBITA
margin remained at a consistently high level of 17.4%. Net debt excluding
hedging instruments stabilised at EUR 174 million in spite of acquisitions
and dividend payments (31 December 2011: EUR 177 million).
'NORMA Group performed strongly in financial year 2012. We continued to
grow even though the environment in Europe proved difficult,' says Werner
Deggim, CEO of NORMA Group. 'Our superior innovative strength will also
enable us to consistently benefit from global mega-trends going forward. We
provide the joining technology needed to comply with new emission
regulation such as the Euro 6 emission standard.'
In its most recent guidance for financial year 2012, NORMA Group had
forecasted sales of about EUR 600 million and an EBITA margin of
approximately 17.0%.
Slight decline in the fourth quarter of 2012
NORMA Group generated sales of EUR 137 million in the fourth quarter of
2012. This represents a slight year-on-year decline of 2% even though the
economic situation in Europe has deteriorated (Q4/2011: EUR 140 million).
Adjusted EBITA fell slightly by 3% to EUR 22 million (Q4/2011: EUR 23
million). The adjusted EBITA margin was 16.0% (Q4/2011: 16.2%).
NORMA Group AG - Preliminary figures for financial year 2012*
Key figures at a glance (in Financial Financial Financial
EUR millions) Year 2012 Year 2011 Year 2010
01/01-31/12/ 01/01-31/12/ 01/01-31/12/
Income statement 2012 2011 2010
Sales 605 581.4 490.4
Adjusted EBITA 105 102.7 85.4
Adjusted EBITA margin 17.4% 17.7% 17.4%
Balance sheet 31/12/2012 31/12/2011 31/12/2010
Net debt** 174 177 339
Key figures at a glance (in EUR*The figures in this document are preliminary and have not yet been
millions) Q4 2012 Q4 2011 Q4 2010
01/10 - 31/ 01/10 - 31/ 01/10- 31/
Income statement 12/2012 12/2011 12/2010
Sales137 139.6 128.9
Adjusted EBITA 22 22.6 20.6
Adjusted EBITA margin 16.0% 16.2% 16.0%
approved by the Supervisory Board nor audited by the external auditor.
**Net debt excluding hedging instruments amounting to EUR 25 million (2012)
Adjustments: In 2011 adjusted by non-recurring / non-period-related costs
(mainly due to the IPO), restructuring costs as well as other group and
normalised items and depreciation from PPA adjustments. In 2012 adjusted by
depreciation from PPA adjustments.
Additional information is available from the Investor Relations section at
www.normagroup.com.
Upcoming events
A comprehensive report with detailed explanation will be provided upon
presentation of the final financial 2012 figures at the balance sheet press
conference as well as the analyst and investor conference on 27 March 2013.
Contact
Daphne Recker
Media relations
E-mail: daphne.recker(at)normagroup.com
Phone: +49 (0)6181 - 610 2743
Andreas Trösch
Investor Relations
E-Mail: andreas.troesch(at)normagroup.com
Phone: +49 (0)6181 - 610 2741
About NORMA Group
NORMA Group is a global market and technology leader for engineered joining
technology. The company manufactures a wide range of innovative engineered
joining technology solutions in three product categories (clamp, connect
and fluid) and offers about 35,000 high-quality products and solutions to
approximately 10,000 customers in 90 countries. NORMA Group joining
products can be found in vehicles, ships, trains, aircraft, domestic
appliances, engines and plumbing systems as well as in applications for the
pharmaceutical and biotechnology industry. In 2011, NORMA Group generated
sales of around EUR 580 million. With around 4,500 employees, NORMA Group
operates a global network of 19 production facilities as well as numerous
sales and distribution sites across Europe, the Americas and Asia-Pacific.
The company has its headquarters in Maintal near Frankfurt am Main,
Germany. NORMA Group was formed in 2006 as a result of the merger of the
German Rasmussen Group and the Swedish ABA Group. NORMA Group has been
listed on the German stock exchange since April 2011 and has been included
in the SDAX index since June 2011.
Disclaimer
This press release contains certain future-oriented statements.
Future-oriented statements include all statements which do not relate to
historical facts and events and contain future-oriented expressions such as
'believe', 'estimate', 'assume', 'expect', 'forecast', 'intend', 'could' or
'should' or expressions of a similar kind. Such future-oriented statements
are subject to risks and uncertainties since they relate to future events
and are based on the company's current assumptions, which may not in the
future take place or be fulfilled as expected. The company points out that
such future-oriented statements provide no guarantee for the future and
that the actual events including the financial position and profitability
of the NORMA Group AG and developments in the economic and regulatory
fundamentals may vary substantially (particularly on the down side) from
those explicitly or implicitly assumed in these statements. Even if the
actual assets for the NORMA Group AG, including its financial position and
profitability and the economic and regulatory fundamentals, are in
accordance with such future-oriented statements in this press release, no
guarantee can be given that this will continue to be the case in the
future.
End of Corporate News
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Language: English
Company: NORMA Group AG
Edisonstr. 4
63477 Maintal
Germany
Phone: +49 (0)6181-6102-741
Fax: +49 (0)6181-6102-7641
E-mail: ir(at)normagroup.com
Internet: www.normagroup.com
ISIN: DE000A1H8BV3
WKN: A1H8BV
Indices: SDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, München, Stuttgart
End of News DGAP News-Service
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