Sales in the Industry Applications business segment between January and March 2026 totaled EUR 66.3 million and was almost stable at -0.6% compared with the same quarter of the previous year (Q1 2025: EUR 66.7 million). Negative translation effects (-5.4%) impacted revenue performance in Q1 2026. Adjusted for the currency effects, however, organic growth amounted to 4.9%, supported across all regional segments but especially the APAC region due to good demand in China. The launch of a major data center order in Malaysia also had a positive impact. This project uses high-performance cable clamps from NORMA Group that are produced at the Changzhou site in China.
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These contents are part of the Non-financial Group Report and were subject to a separate limited assurance examination.