Brief: Norma Group Preliminary 2023 Adj. Ebit At EUR 97.5 Mln

Norma SE

13/02/2024 06:10

Feb 13 (Reuters) - NORMA GROUP SE  NOEJ.DE :
    * PRELIMINARY FIGURES FOR THE 2023 FINANCIAL YEAR: NORMA
GROUP
ACHIEVES STABLE PROFITABILITY AND STRONG CASH FLOW
    * PRELIMINARY, UNAUDITED FIGURES PUT SALES AT AROUND EUR 1.2
BILLION IN 2023
    * ADJUSTED EBIT MARGIN AT 8.0 PERCENT
    * ADJUSTED EARNINGS BEFORE INTEREST AND TAXES (ADJUSTED
EBIT) OF
EUR 97.5 MILLION WAS 1.5 PERCENT BELOW THE PREVIOUS YEAR’S
FIGURE
    * NET OPERATING CASH FLOW IMPROVED COMPARED TO THE PREVIOUS
YEAR,
REACHING EUR 87.3 MILLION
    * OVERALL, GROUP SALES WERE DOWN SLIGHTLY, DECLINING 1.6
PERCENT
COMPARED TO THE PREVIOUS YEAR

Further company coverage:  NOEJ.DE 

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