• Introduction
    • Overview of Key Figures
    • HIGHLIGHTS H1 2025 1
    • Letter from the Management Board
      • The Norma Group On The Capital Market
      • Tariff conflicts cause stock market turbulence in the first half of 2025
      • Development of the NORMA Group share
      • Trading volume
      • Broadly diversified shareholder structure
      • Sustainable investor relations activities
      • Annual General Meeting 2025 approves dividend of 40 cents per share, new Supervisory Board members elected
    • Consolidated Interim Management Report
      • Principles of the Group
      • Key financial performance indicators
      • Significant non-financial performance indicators
      • Research and Development
      • Economic Report
      • General Economic and Industry-Specific Conditions
      • Significant Events in the First Half of 2025
      • General Statement of the Management Board on the Course of Business and the Economic Situation
      • Earnings, Assets and Financial Position
      • Adjustments
      • Order backlog
      • Earnings position
      • Corporate Responsibility at NORMA Group
      • Forecast Report
      • General Economic and Industry-Specific Conditions
      • NORMA Group forecast for the fiscal year 2025
      • Risk and Opportunity Report
      • Risk and Opportunity Profile of NORMA Group
    • Report on Significant Transactions with Related Parties
    • Consolidated Interim Financial Statements
    • Consolidated Statement of Comprehensive Income for the period from January 1 to June 30, 2025
    • Consolidated Statement of Financial Position as of June 30, 2025
    • Consolidated Statement of Changes in Equity for the period from January 1 to June 30, 2025
    • Consolidated Statement of Cash Flows for the period from January 1 to June 30, 2025
      • Condensed Notes to the Consolidated Financial Statements
      • 1. Principles of Preparation
      • 2. Accounting Principles and Valuation Methods
      • 3. Scope of Consolidation
      • 4. Adjustments
      • Notes to the Consolidated Statement of Comprehensive Income, Consolidated Statement of Financial Position and Other Notes
      • 5. Revenue and Cost of Materials
      • 6. Other Operating Income and Other Operating Expenses
      • 7. Employee Benefit Expenses
      • 8. Financial Result
      • 9. Earnings per Share
      • 10. Taxes / Deferred Income Taxes
      • 11. Fixed Assets
      • 12. Financial Instruments
      • 13. Equity
      • 14. Provisions
      • 15. Pension Obligations
      • 16. Other Non-Financial Liabilities
      • 17. Disclosures on the Consolidated Statement of Cash Flows
      • 18. Segment Reporting
      • 19. Contingent Liabilities and Commitments
      • 20. Related Party Transactions
      • 21. Events after the Balance Sheet Date
    • Audit Review
    • Responsibility Statement
    • Further Information
      • Financial Calendar, Contact and Imprint
      • Publisher
      • Contact
      • Contact persons
      • Design and realization
      • Editorial
      • Publication date

2021

Annual Report

2022

Annual ReportHalf year

2023

Annual ReportHalf year

2024

Annual ReportHalf year

2025

Half yearFirst Quarter
  1. Home
  2. Consolidated Interim Management Report
  3. Economic Report

Economic Report

  • General Economic and Industry-Specific Conditions

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  • Significant Events in the First Half of 2025

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  • General Statement of the Management Board on the Course of Business and the Economic Situation

    Read more
  • Earnings, Assets and Financial Position

    Read more
  • Adjustments

    Read more
  • Order backlog

    Read more
  • Earnings position

    Read more
  • Corporate Responsibility at NORMA Group

    Read more
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