Norma Group jumps 15% on plans to divest Water Management activities
29/11/2024 07:23
** Shares in Norma Group NOEJ.DE jump 15% in early
Frankfurt trade after the German automotive and industrial
supplier said it has decided to start divestment of its Water
Management business
** Norma said it would focus on its core industrial business
** "More focussed strategy on core business is welcomed," a
local trader says
** The stock tops German small-cap .SDAXI index
(Reporting by Amir Orusov)
((Amir.orusov@thomsonreuters.com))