10.11.2016
NORMA Group SE DE000A1H8BV3
DGAP-Adhoc: NORMA Group SE: NORMA Group SE adjusts forecast for organic growth for financial year 2016
NORMA Group SE / Key word(s): Change in Forecast/Development of Sales
10.11.2016 13:02
Disclosure of an inside information according to Article 17 MAR,
transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Maintal, November 10, 2016 - NORMA Group SE (ISIN DE 000A1H8BV3 / WKN
A1H8BV, ,NORMA Group'), a global market leader in engineered joining
technology, adjusts its full year sales forecast for the financial year
2016, based on expected consolidated sales until year end.
This is due to a further decline, since the publication of the interim
statement Q3 2016 on November 2, 2016, in the order backlog of the US
commercial vehicle, agricultural and construction machinery sector ('Heavy
Equipment'), which includes aftermarket.
The Management Board of NORMA Group SE now expects organic sales in 2016 to
be stable with prior year, i.e. excluding currency and acquisition-related
effects (previous forecast: 'solid organic growth of around 2% to 5%').
The Management Board confirms the adjusted EBITA margin forecast (earnings
before interest, taxes and amortization) as 'sustainable at the same level
as in previous years of more than 17.0%.'
Contact:
Andreas Trösch
Investor Relations
E-mail: [email protected]
Phone: +49 (0)6181 - 6102 741
10.11.2016 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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Language: English
Company: NORMA Group SE
Edisonstr. 4
63477 Maintal
Germany
Phone: +49 6181 6102 741
Fax: +49 6181 6102 7641
E-mail: [email protected]
Internet: www.normagroup.com
ISIN: DE000A1H8BV3
WKN: A1H8BV
Indices: MDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
Munich, Stuttgart, Tradegate Exchange
End of Announcement DGAP News-Service
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