Brief: Norma Group Signs Deal To Sell Water Management Business Unit, Updates 2025 Outlook
23/09/2025 06:55
Sept 23 (Reuters) - NORMA GROUP SE NOEJ.DE: SIGNS AGREEMENT TO SELL WATER MANAGEMENT BUSINESS UNIT AND UPDATES FORECAST FOR FINANCIAL YEAR 2025 EXPECTS GROUP SALES FROM CONTINUING OPERATIONS TO BE IN RANGE OF AROUND EUR 810 MILLION TO AROUND EUR 830 MILLION OUTLOOK 2025: FOR ADJUSTED EBIT MARGIN** FROM CONTINUING OPERATIONS, MANAGEMENT BOARD ANTICIPATES A FIGURE OF AROUND 0% TO AROUND 1% (PREVIOUSLY INCLUDING WATER MANAGEMENT: "OF AROUND 6% TO AROUND 8%") DEAL COMPLETION SUBJECT TO REGULATORY APPROVALS MANAGEMENT BOARD IS CONSIDERING SETTING ASIDE AN AMOUNT OF UP TO EUR 70 MILLION AS A BASIS FOR VALUE-ENHANCING ACQUISITIONS IN INDUSTRY APPLICATIONS STRATEGIC BUSINESS UNIT EXPECTS NET CASH INFLOW OF EUR 620-640 MILLION NORMA GROUP SE - OUTLOOK 2025: AFTER COMPLETION OF SALE, MANAGEMENT BOARD AND SUPERVISORY BOARD WILL CONSULT ON FINAL USE OF PROCEEDS COMPLETION IS CURRENTLY EXPECTED IN Q1 OF 2026 WATER MANAGEMENT BUSINESS UNIT WILL BE CLASSIFIED AS A "DISCONTINUED OPERATION" WITH EFFECT FROM SEPTEMBER 30 Source text: ID:nEQ97sctJa Further company coverage: NOEJ.DE (Gdansk Newsroom) ((Gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))