Trade Norma Group SE - NOEJ CFD

Norma Group Company profile

About Norma Group SE

Norma Group SE is a Germany-based manufacturer of engineered joining technology solutions. The Company focuses on three product categories: Clamp, Connect and Fluid. The Clamp product portfolio comprises clamp products manufactured from unalloyed steels or stainless steel for joining or sealing elastomer hoses. The Connect product portfolio includes connectors made of unalloyed steels or stainless steel that are party equipped with elastomer or metal seals and are used as the joining and sealing elements of metal and thermoplastic pipes. The Fluid product portfolio includes single and multiple layer thermoplastic plug-in connectors for liquid systems, as well as solutions for applications in the sectors of storm water management and landscape irrigation. It operates, among others, through Lifial - Industria Metalurgica de Agueda Lda, a Portugal-based manufacturer of heavy duty clamps, pipe supporting clamps, and U-bolt clamps for mounting antennas and solar modules.

Financial summary

BRIEF: For the nine months ended 30 September 2021, Norma Group SE revenues increased 21% to EUR833.8M. Net income totaled EUR51.1M vs. loss of EUR5.4M. Revenues reflect EMEA segment increase from EUR102.9M to EUR362.7M, America segment increase from EUR101.3M to EUR345.6M. Net Income reflects Employee benefits expense decrease of 6% to EUR216.5M (expense), Interest Expense decrease of 75% to EUR2M (expense).