NORMA Group Details NewNORMA Strategy and Sets Financial Ambition Through 2031

NORMA Group SE provided further details on its NewNORMA strategy and presented its financial ambition through 2031 at its Strategy Update. The company aims for average annual sales growth of 1% to 3% before currency effects, an adjusted EBIT margin of over 10%, and cash conversion exceeding 70%. Key initiatives include Sales Push, Footprint optimization, and Transformation, focused on accelerating profitable growth, improving capacity utilization, and reducing structural costs. A new dividend policy targeting a payout ratio of at least 10% of adjusted Group Net Income will start in fiscal year 2027, potentially accompanied by share buybacks.