Added to YB: 2026-02-20
Pitch date: 2026-02-17
NOEJ.DE [neutral]
NORMA Group SE
-7.17%
current return
Author Info
Lux Opes Research covers European companies. Lots of them. Sign up for the newsletter.
Company Info
NORMA Group SE, together with its subsidiaries, manufactures and sells engineered joining technology solutions in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific.
Market Cap
EUR 443.5M
Pitch Price
EUR 16.18
Price Target
N/A
Dividend
N/A
EV/EBITDA
11.30
P/E
-8.29
EV/Sales
0.67
Sector
Machinery
Category
turnaround
NORMA Group (NOEJ Germany): prelims slightly better than feared, but the underlying picture is still weak
NOEJ.DE (update): 2025 prelims show sales -7% to €822m, adj EBIT plunged to €6m (0.8% margin). Industrial Apps +8% but Mobility & New Energy -12% on auto weakness. Water Mgmt disposal brought €650m, flipping balance sheet to ~€70m net cash. No 2026 guidance yet; expect modest recovery w/ ~€30m EBIT (3.5% margin). Still well below historical profitability; needs proof restructuring works before committing capital.
Read full article (2 min)