Brief: NORMA Group FY Preliminary EBIT At EUR 113.8 Mln

Norma SE

16/02/2022 06:08

Feb 16 (Reuters) - NORMA GROUP SE  NOEJ.DE :
    * INCREASES SALES AGAIN TO OVER ONE BILLION EUROS IN 2021
    * FY PRELIM EBIT MARGIN AT 10.4%
    * GLOBAL SUPPLY CHAIN BOTTLENECKS ALSO SLOWED THE RECOVERY
OF
EARNINGS AND MARGINS IN THE FOURTH QUARTER
    * Q4 REVENUE IN THE FOURTH QUARTER OF 2021 FELL SLIGHTLY BY
1.2
PER CENT YEAR-ON-YEAR TO €258.1 MILLION
    * Q4 ORGANICALLY, TURNOVER FELL BY 4.2 PER CENT
    * Q4 ADJUSTED EBIT DECREASED BY 3.4 PER CENT TO 17.9 MILLION
EUROS
IN THE FINAL QUARTER OF 2021 COMPARED TO THE FOURTH QUARTER OF
2020
    * FY PRELIM EBIT AT EUR 113.8 MILLION
    * Q4 ADJUSTED EBIT MARGIN WAS 6.9 PER CENT (Q4 2020: 7.1 PER
CENT)

Further company coverage:  NOEJ.DE 

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