NORMA Group SE (NOEJ) Earnings Call Transcripts

NORMA Group SE's Latest Earnings Call - March 31, 2026

In Q4 2025, NORMA Group SE reported net sales of EUR 821.7 million, a decline from the previous year, and an adjusted EBIT of EUR 6.3 million, reflecting a challenging year following the divestment of its Water business. The company achieved net proceeds of EUR 650 million from the divestment, enabling a strategic realignment. Management maintained guidance for 2026 with expected net sales growth of 0% to 2% and an adjusted EBIT margin of 2% to 4%. The focus remains on restructuring and strategic realignment to position NORMA as an industrial powerhouse.

Reported metrics

Guidance from management

For 2026, NORMA expects net sales growth of 0% to 2% and an adjusted EBIT margin of 2% to 4%. The company plans a capital increase, pausing EPS guidance.

What management said

Okay. So I will start with the restructuring program. There's basically the transformation program as we have announced already, this is in full execution sort of -- and we will really in the strategy, look at the whole restructuring requirements and answer this then in the second half. For the known transformation program, we can give already the numbers. And maybe, Okan, you give us some insights.

Yes, exactly. So as already mentioned, we achieved savings according to our plan that we've communicated last year with regard to the transformation program. In terms of savings in 2025, EUR 4.5 million, and in 2026 EUR 15 million. That's what we are planning -- what we are expecting. And yes, to add to Birgit's answer for 2027, yes, due to the pull forward of specific initiatives, of course, we do also expect a slig...

What analysts pressed on

Analysts expressed concerns about the restructuring program's timeline and savings, the midterm outlook for the Mobility segment, and potential impacts from geopolitical tensions in the Middle East.

Main topics on the call

• Divestment of Water Business — NORMA Group completed the divestment of its Water business, achieving EUR 650 million in net proceeds. This divestment marks a strategic shift towards focusing on industrial applications and mobility solutions.
• Financial Performance — Net sales for 2025 were EUR 821.7 million, with an adjusted EBIT of EUR 6.3 million and an EBIT margin of 0.8%, all lower than the previous year. Management acknowledged the challenging year and emphasized the need for a...
• Regional Sales Performance — Sales declined across regions: Americas by 8%, EMEA by 7%, and APAC by 6%. However, APAC showed positive EBIT margin development from 9.5% to 10.8% due to a favorable product mix.
• Restructuring and Transformation Program — NORMA is accelerating its transformation program with expected savings of EUR 15 million in 2026. The program includes restructuring efforts to improve SG&A competitiveness and operational efficiency.

Read the full NORMA Group SE transcript (March 31, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 28 NORMA Group SE earnings call transcripts on record, spanning May 6, 2020 to August 11, 2026. Based on this history, NORMA Group SE reports quarterly. The most recent call on file is dated August 11, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

NOEJ

Exchange

XTRA

Country

DE

Sector

Industrials

Industry

Machinery

Calls on record

28

First call

May 6, 2020

Most recent

August 11, 2026

Reporting cadence

quarterly