NORMA Group Outlines New Strategy and Financial Goals for 2031

NORMA Group, at its Strategy Update in Frankfurt, unveiled its NewNORMA strategy aiming to achieve significant financial objectives by 2031. The company targets an annual sales growth of 1 to 3%, an adjusted EBIT margin exceeding 10%, and a cash conversion of over 70%.

The strategy focuses on two main business units: Mobility & New Energy and Industry Applications. These units are designed to enhance competitiveness, capacity utilization, and profitability. Key initiatives include Sales Push, Footprint Optimization, and Transformation, which are intended to improve efficiency and reduce costs.

The company will also adjust its internal management to align with these strategic units, aiming to optimize decision-making processes. Starting in 2027, NORMA Group will also revise its dividend policy to a minimum payout ratio of 10% of the adjusted Group Net Income, alongside potential share buybacks.