Revenue recognized for the reporting period is as follows:

Revenue by customer industries

T028

EMEA

Americas

Asia-Pacific

Consolidated Group

H1 2025

H1 20241

H1 2025

H1 20241

H1 2025

H1 20241

H1 2025

H1 20241

168,235

181,717

88,180

95,776

45,258

50,391

301,673

327,884

66,730

72,743

43,159

44,293

7,431

9,362

117,320

126,398

4,787

4,774

136,460

141,737

14,353

14,015

155,600

160,526

239,752

259,234

267,799

281,806

67,042

73,768

574,593

614,808

1_In the current fiscal year, the allocation of NORMA Group customers to the corresponding customer industries was revised. To ensure comparability, the previous year's figures were adjusted in line with the new allocation. The reclassifications are as follows: Reclassification from Mobility & New Energy to Industry Applications in the amount of EUR 19.6 million and reclassification from Industry Applications to Water Management in the amount of EUR 2.9 million.

Sales revenues are broken down into categories as follows:

Revenue by category

T029

H1 2025

H1 2024

569,614

610,914

4,979

3,894

574,593

614,808

Other sales revenues mainly include proceeds from the sale of no longer used production residues from metal production.

Sales revenues for the first six months of 2025 include “income” from the reversal of refund liabilities recorded in the previous period in the amount of EUR 171 thousand (H1 2024: EUR 367 thousand). The reversals represent the difference between the expected volume discounts and annual bonuses for customers recorded as of December 31, 2024, and the actual payment in the fiscal year, as well as the differences from recorded deferred sales from price negotiations with NORMA Group customers that were not concluded in the previous year.

In relation to sales – excluding changes in inventory – the cost of materials is slightly below the level of the corresponding period of the previous year at 42.9% (H1 2024: 44.0%). In relation to total output, the cost of materials is also below the level of the same period of the previous year at 42.5% (H1 2024: 43.5%).

Legend

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