Norma shares kickstarted as FY results hit targets

Norma SE

16/02/2022 09:10

** Shares in Norma Group  NOEJ.DE  are up 5.9%, set for
their best day in more than three months, after the German car
supplier's results met 2021 targets
    ** While its Q4 results shrunk slightly year-on-year, the
company still found itself on track on annual level  urn:newsml:reuters.com:*:nL8N2UR1KY
    ** The company reported full-year revenue of 1.09 billion
euros ($1.24 billion), marking a 14.7% increase from 2020
    ** Its adjusted EBIT more than doubled to 113.8 million
euros, compared with 45.3 million in the first year of the
COVID-19 pandemic
    ** Norma sits on top of the German small-cap index  .SDAXI 

($1 = 0.8784 euros)

 (Reporting by Alexander Kloss)
 ((alexander.kloss@thomsonreuters.com))