Key figures

For NORMA Group, 2024 was driven by extensive personal engagement with existing and potential investors. Management Board and Investor Relations team members attended a number of capital market conferences and met with investors in Germany and abroad. In addition to providing ongoing information on the company’s current development, significant progress from the “Step Up” growth and efficiency program was highlighted and discussed with capital market participants in fiscal year 2024. With this action plan, NORMA Group aims to make its operating business even more efficient and productive and therefore drive further profitable growth in its strategically important areas. One of the main communication topics was the initiation of a divestment process for  the global activities of the Water Management business, announced on November 28, 2024.

On top of that, numerous meetings and discussions were also held with investors to discuss how the company can best benefit from the megatrends of sustainability, environmental protection and electromobility. The core element here is that NORMA Group wants to align its product developments even more closely with customer needs and offer reliable and mission-critical as well as cost-efficient and resource-saving products and systems that meet current and future market requirements.

Legend

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