NORMA Group SE (XTER:NOEJ)
€ 12.5 -0.3 (-2.34%) Market Cap: 398.28 Mil Enterprise Value: 758.60 Mil PE Ratio: 16.98 PB Ratio: 0.58 GF Score: 76/100

Q3 2021 Norma Group SE Earnings Call Transcript

Nov 03, 2021 / 01:00PM GMT
Release Date Price: €34.02 (-6.79%)
Operator

Dear ladies and gentlemen, welcome to the conference call of NORMA Group SE regarding the presentation of the Q3 2021 interim statement. At our customers' request, this conference will be recorded. (Operator Instructions) May I now hand you over to Dr. Michael Schneider, CEO of the NORMA Group SE. Please go ahead.

Michael Schneider
NORMA Group SE - CEO & Chairman of the Management Board

Yes. Thank you very much for the introduction. A warm welcome from my side to our Q3 Analyst Call 2021. Today with me is Andreas Trösch, our Vice President, Investor Relations, Communications and Corporate Responsibility. And Andreas will take the finance part today as Annette Stieve, our CFO, unfortunately, is ill today with a cold. And so far, our best wishes to Annette to recover soon.

Maybe a short overview on Q3 financials. It is Page 2 of our presentation. In Q3, our sales were up by 8%, which means EUR 265.7 million, while we had in the previous year Q3, EUR 246 million. And out of this EUR 265.7 million, we generated an adjusted EBITA of EUR 24.7 million,

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