News

NORMA Group SE to pay a dividend of EUR 0.90 per share

Maintal/Frankfurt am Main, Germany, 2 June 2016 – NORMA Group SE (“NORMA Group”), a global market leader in engineered joining technology, welcomed its shareholders to Frankfurt today to its fifth Annual General Meeting since the company’s IPO in 2011. Investors followed the proposal by the Management Board and the Supervisory Board and approved a dividend of EUR 0.90 per share by a large majority (2014: EUR 0.75). This corresponds to a total dividend payment of EUR 28.7 million (2014: EUR 23.9 million). In terms of adjusted net income of EUR 88.7 million in 2015, the distribution ratio thus amounts to 32.3 percent (2014: 33.4 percent).

“Financial year 2015 was a successful year for us in which we achieved record figures for both sales and earnings,” said Werner Deggim, CEO of NORMA Group. “By increasing our dividend again, we are sticking to our goal of a sustainable distribution ratio of 30 to 35 percent of adjusted net income and allowing our shareholders to take part in our growth.”

Solid growth in 2015
NORMA Group increased its sales by 28.0 percent to EUR 889.6 million in financial year 2015 (2014: EUR 694.7 million). Adjusted earnings before interest, taxes and amortisation of intangible assets (adjusted EBITA) rose by 28.6 percent to EUR 156.3 million (2014: EUR 121.5 million). The adjusted EBITA margin was at a sustained high level of 17.6 percent (2014: 17.5 percent).

“In 2015, we continued with our diversification and set the course for the future. The many new awards and large orders we received underscore our customers’ satisfaction with the products and services NORMA Group offers,” Werner Deggim said.

Upward trend also for the share price
The positive trend in financial year 2015 was also reflected in the development of the share price. It rose by 29.0 percent in 2015. The benchmark index MDAX rose by 22.7 percent in the same period. “Five years after the IPO and ten years after the founding of NORMA Group, we have firmly established ourselves on the German stock market,” Werner Deggim said.

Successful start to financial year 2016
NORMA Group continued on its growth course in the first quarter of 2016. Sales increased by 2.3 percent over the first quarter of the previous year to EUR 226.6 million. The organic growth was 2.4 percent, which is in line with its expectations. Adjusted EBITA increased by 2.2 percent to EUR 40.1 million. The adjusted EBITA margin remained at a sustained high level of 17.7 percent.

“Based on our growth in the first quarter of 2016, we are sticking to our forecast for the full year 2016. We expect sales to grow solidly by around 2 to 5 percent in organic terms in 2016 compared to 2015,” Werner Deggim said. The goal is to achieve a sustainable adjusted EBITA margin at the level of previous years of over 17 percent (2015: 17.6 percent; 2014: 17.5 percent; 2013: 17.7 percent).

NORMA Group SE to pay a dividend of EUR 0.90 per share.pdf

All news

Contact

Questions?

Get in touch with us for more support.

Contact Us

To top