Added to YB: 2026-02-06
Pitch date: 2026-02-03
NOEJ.DE [neutral]
NORMA Group SE
-5.53%
current return
Author Info
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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 15.90
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): balance sheet reset completed, operating story still unclear
NOEJ.DE (update): Water Management sale completed for €650M net proceeds, balance sheet reset with ~€300M debt reduction + €260M shareholder returns. FY25 guidance €810-830M sales, 0-1% EBITDA margin. €102M impairment signals continued EMEA challenges. Financial structure fixed but core biz recovery unclear.
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