NORMA Group SE 2023 AR2

The report highlights NORMA Group's financial and sustainability performance for the fiscal year 2023. Despite geopolitical and economic challenges, the company achieved sales of EUR 1,222.8 million and maintained an adjusted EBIT margin of 8.0%. Key developments included the launch of the "Step Up" growth and efficiency program, the opening of a new water management production site in Lithia Springs, USA, and the expansion of the Changzhou plant in China. Additionally, the company signed an agreement to acquire Teco Srl, an Italian irrigation specialist, to expand its European water business. On the sustainability front, the company reduced its Scope 1 and 2 market-based emissions to 5,064 metric tons of CO2 equivalents and maintained high certification rates across its manufacturing sites.

Company: NORMA Group SE

Sector: Industrials

Country: Germany

Year: 2023

Type: AR2

Pages: 388

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NORMA Group SE

NORMA Group SE 2023 Annual Report

Annual Report

The report highlights NORMA Group's financial and sustainability performance for the fiscal year 2023. Despite geopolitical and economic challenges, the company achieved sales of EUR 1,222.8 million and maintained an adjusted EBIT margin of 8.0%. Key developments included the launch of the "Step Up" growth and efficiency program, the opening of a new water management production site in Lithia Springs, USA, and the expansion of the Changzhou plant in China. Additionally, the company signed an agreement to acquire Teco Srl, an Italian irrigation specialist, to expand its European water business. On the sustainability front, the company reduced its Scope 1 and 2 market-based emissions to 5,064 metric tons of CO2 equivalents and maintained high certification rates across its manufacturing sites.

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Document Details

Report Year

2023

Reporting Period

Jan 1, 2023 - Dec 31, 2023

Fiscal Year

2023

Published

Mar 13, 2024

Type

Annual Report with Sustainability Disclosures

Language

English

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Materiality Assessment

Assurance

Assurance Provider

Assurance Standard

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Emissions

Scope 1:

Scope 2:

Energy Consumption

Water Consumption

Total Waste

Women on Board

Women in Management

Workplace Fatalities

Employees