DGAP-News: NORMA Group AG resolves to pay a dividend of EUR 0.65 for financial year 2012
(firmenpresse) - DGAP-News: NORMA Group AG / Key word(s): AGM/EGM
NORMA Group AG resolves to pay a dividend of EUR 0.65 for financial
year 2012
22.05.2013 / 13:48
---------------------------------------------------------------------
NORMA Group AG resolves to pay a dividend of EUR 0.65 for financial year
2012
Frankfurt am Main, Germany, 22 May 2013 - NORMA Group AG ('NORMA Group'), a
global market and technology leader for engineered joining technology, held
its second ordinary Annual General Meeting today. The general meeting
resolved to distribute a dividend of 0.65 EUR per share or a total of EUR
20.7 million, which is equivalent to a 33.5% pay-out of the adjusted net
group profit generated in 2012 (EUR 61.8 million). Via this dividend,
shareholders participate in the company's solid performance. NORMA Group
generated record sales and earnings in financial year 2012. Sales grew by
4.0% to EUR 604.6 million (2011: EUR 581.4 million). Adjusted operating
earnings (adjusted EBITA) increased by 2.7% to EUR 105.4 million (2011: EUR
102.7 million). The EBITA margin remained at a solid 17.4% in 2012 (2011:
17.7%).
New legal structure as SE
The proposal advanced by the management and supervisory boards to change
the legal structure of the company into a European corporation (Societas
Europaea) under the name of NORMA Group SE was approved by a large majority
at the Annual General Meeting. 'The legal structure of an SE reflects a
modern, entrepreneurial Europe and underscores the international and
open-minded corporate culture of NORMA Group,' the CEO of NORMA Group
Werner Deggim said in his speech. 'The proposed transformation is therefore
consistent with NORMA Group's corporate development.'
Erika Schulte appointed as supervisory board member
The shareholders confirmed Erika Schulte as a member of NORMA Group AG's
supervisory board after she had been court-appointed as a new member upon
the suggestion of the management board and the approval by the supervisory
board on 18 February, 2013. By training a mathematician, Erika Schulte is
Managing Director of Hanau Wirtschaftsfoerderung GmbH,
Brueder-Grimm-Berufsakademie Hanau GmbH and Technologie- und
Gruenderzentrum Hanau GmbH.
Start into current financial year in line with expectations
NORMA Group's sales and earnings in the first quarter have been in line
with the board's expectations. 'As anticipated, the economic slowdown
translated into a muted start into 2013. Our group sales and operating
earnings over the first three months were broadly in line with those
achieved in 2012,' Werner Deggim said. 'The operating margin remained at a
very strong 17.8%.'
Guidance for 2013 confirmed
The company confirmed its guidance for 2013. 'We expect group organic sales
to grow moderately compared to 2012,' Werner Deggim said. There will be
additional sales of about EUR 20 million from the consolidation of the
acquisitions of 2012 and 2013. The company intends to again deliver an
EBITA margin of more than 17% in 2013, which would be in line with the
levels of the past three years.
Additional information on the Annual General Meeting 2013 will be available
on www.normagroup.com/AnnualGeneralMeeting. Press photos are available from
our platform on www.normagroup.com/presspictures.
Contact
NORMA Group AG
Daphne Recker
Media Relations
E-Mail: daphne.recker(at)normagroup.com
Tel.: +49 (0)6181 - 6102 743
About NORMA Group
NORMA Groupis an international market and technology leader in 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 more than 30,000 high-quality products and
solutions to approximately 10,000 customers in 100 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. NORMA Group
generated sales of around EUR 605 million in 2012. 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. NORMA Group has its headquarters in Maintal
near Frankfurt am Main, Germany. The company was formed in 2006 as a result
of the merger between the German Rasmussen Group and the Swedish ABA Group.
Since April 2011, NORMA Group is listed on the German stock exchange and
included in the MDAX index since March 2013.
End of Corporate News
---------------------------------------------------------------------
22.05.2013 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
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: MDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, München, Stuttgart
End of News DGAP News-Service
---------------------------------------------------------------------
212500 22.05.2013
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Bereitgestellt von Benutzer: EquityStory
" alt="Tangibal announces that its target acquisition Westpoint Media Gmbh has signed a €300,000 media campaign with Intel
Datum: 22.05.2013 - 13:48 Uhr
Sprache: Deutsch
News-ID 262438
Anzahl Zeichen: 4866
contact information:
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 330 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"DGAP-News: NORMA Group AG resolves to pay a dividend of EUR 0.65 for financial year 2012"
steht unter der journalistisch-redaktionellen Verantwortung von
NORMA Group AG (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
