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
NORMA Group SE
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