NORMA Group achieves slight growth in sales in 2019 despite a challenging environment »
(WorldNews Africa)

NORMA Group achieves slight growth in sales in 2019 despite a challenging environment · Group sales up slightly by 1.5 percent - organic decline of 2.0 percent · Strong net operating cash flow nearly at previous year`s level · Forecast for 2020 influenced by COVID-19 · Flexible financing options ensure scope for action Maintal, Germany, March 25, 2020 - NORMA Group, a global market leader in engineered joining technology, increased its Group sales by 1.5 percent to approximately EUR 1,100.1 million in fiscal year 2019 (2018: EUR 1,084.1 million). Organic sales revenues declined by 2.0 percent due to the persistently difficult situation in the automotive industry and declining production and...