DGAP-Adhoc: NORMA Group expects higher sales and improved operational earnings for 2011

 | Source: EQS Group AG EQS Group AG 

NORMA Group AG  / Key word(s): Change in Forecast

25.07.2011 12:43

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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- Sales forecast for 2011 raised from near 10 percent growth to a range
between 10 and 12 percent
- Higher adjusted EBITA margin for 2011 between 17.4% and 18.0% expected
- Preliminary Q2/2011 results with total sales of EUR 145 million and an
adjusted EBITA between EUR 25 and 26 million

NORMA Group AG ('NORMA Group'), an international market and technology
leader for engineered joining technology, has increased its sales and
earnings forecast for the 2011 fiscal year. Due to a positive development
in the second quarter of 2011 and an improved visibility into the second
half of the year, the company now expects an organic growth for 2011
between 10% and 12%, provided the global economic development continues
unchanged and the Euro does not get any stronger against NORMA Group's
trading currencies. So far, NORMA Group had expected a sales growth of near
10%.

Driven by the strong sales growth which lies above the group's long-term
trend, NORMA Group seeks an adjusted EBITA margin between 17.4% and 18.0%
for the 2011 fiscal year. So far, the company had forecasted an adjusted
EBITA margin in the order of the previous year's ratio of 17.4%.

Additional US dollar depending sales of up to EUR 20 million in 2011 from
the consolidation of the two US acquisitions, R.G.Ray and Craig Assembly,
which were already announced on 17 May 2011, will remain unaffected by this
adjusted forecast.

The preliminary results of the second quarter results 2011 show total sales
of around EUR 145 million and adjusted EBITA between EUR 25 and 26 million.
NORMA Group will release its final Q2/2011 results on 10 August
2011.

Contact:
Andreas Trösch
Email: andreas.troesch@normagroup.com
Tel.: +49 (0)6181 - 403 554




25.07.2011 DGAP's Distribution Services include Regulatory Announcements, 
Financial/Corporate News and Press Releases. 
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language:     English
Company:      NORMA Group AG
              Edisonstr. 4
              63477 Maintal
              Germany
Phone:        +49 (0)6181-403-554
Fax:          +49 (0)6181-403-1554
E-mail:       ir@normagroup.com
Internet:     www.normagroup.com
ISIN:         DE000A1H8BV3
WKN:          A1H8BV
Indices:      SDAX
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Düsseldorf, München, Stuttgart
 
End of Announcement                             DGAP News-Service
 
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