Brief: NORMA Group Sales Up 1.9% From Prior-Year Quarter To EUR 324 Mln

Norma SE

08/08/2023 06:09

Aug 8 (Reuters) - NORMA GROUP SE  NOEJ.DE :
    * Q2  2023 SALES UP 1.9 PERCENT FROM PRIOR-YEAR QUARTER TO
EUR
324.0 MILLION
    * Q2 ADJUSTED OPERATING PROFIT (EBIT) INCREASES TO EUR 27.1
MILLION
    * 2023 OUTLOOK CONFIRMED
    * Q2 ADJUSTED EBIT MARGIN AT 8.4 PERCENT
    * OPERATIVE CASH FLOW Q2 2023 31.9 MILLION EUR VERSUS 26.4
MILLION
EUR Q2 2022
    * NET OPERATING CASH FLOW WAS NEGATIVE IN THE FIRST HALF OF
2023
AT EUR -12.9 MILLION (H1 2022: EUR 9.8 MILLION)
    * H1 2023 SALES 639 MILLION EUR VERSUS 622.3 MILLION EUR H1
2022
    * H1 2023 ADJUSTED EBIT 49.7 MILLION EUR VERSUS H1 2022 52.7
MILLION EUR

Further company coverage:  NOEJ.DE 

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