NORMA Group SE Announces Unaudited Consolidated Sales Results for the Financial Year 2017; Provides Earnings Guidance for the Year 2017
Furthermore, the company expects an adjusted EBITA margin (adjusted earnings before interest, taxes and amortization of intangible assets) for financial year 2017 of slightly above 17 %. Due to higher raw material prices compared to the previous year, the adjusted EBITA margin will be lower than in the previous year (2016: 17.6%, guidance 2017: "sustainable at the same level as in previous years of more than 17.0%").