NORMA Group’s share started the new year on January 3, 2022, at a price of EUR 33.70 and reached its high of EUR 36.02 shortly afterwards on January 5, 2022. After the share followed the overall market in the weeks that followed, its price dropped significantly from mid-March on with the start of Russia’s war in Ukraine. The sharp rise in raw material prices and the lack of availability of materials weighed heavy on business. The share came under additional pressure as general economic growth declined over the course of the year as a result of the prevailing challenges and the outlook continued to deteriorate. On top of that, the level of inflation, lockdowns in China as well as higher logistics and other operating costs, including IT implementation costs, were partly responsible for NORMA Group issuing a profit warning on July 21, 2022. Another main reason was the sharp rise in material costs, which could not be fully compensated for by raising selling prices. As a result, the share price dropped noticeably and reached its low point for the year of EUR 13.15 on September 20, 2022. NORMA Group’s share price subsequently recovered slightly and ended the weak stock market year 2022 at a closing price of EUR 17.00. This represents a decline of 49.8% compared to the previous year’s closing price.

The market capitalization of the NORMA Group share amounted to approximately EUR 541.66 million as of December 30, 2022 (2021: EUR 1.08 billion). This is based on an unchanged number of shares of 31,862,400 compared to the previous year. Measured in terms of the free float market capitalization relevant for determining index membership, which has been 100% since 2013, the NORMA Group share ranked 43rd out of 70 in the SDAX at the end of December 2022 (December 2021: 24th out of 70 in the SDAX).


These contents are part of the Non-financial Group Report and were subject to a separate limited assurance examination.