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NORMA Group SE Earnings Release 2012

Feb 20, 2013

311_ip_2013-02-20_fb54ee4d-d964-410f-b28a-1e031cb1393c.pdf

Earnings Release

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Highlights – Preliminary, unaudited Results 2012

Sales Growth of ~ 4%* leads to record sales of ~ EUR 605 million (2011: EUR 581 million)
Adjusted EBITA Record adj. EBITA of ~ EUR 105.4 million (2011: EUR 103 million)
Margin Sustainable Margin level at ~ 17.4% (2011: 17.7%)
High cost discipline during slower 4th
quarter
Net Debt Net debt lowered to EUR 174 million** despite ~ EUR 50 million for dividend and acquisitions (2011:
EUR 177 million)
Cash Flow Operating net cash flow grows by approx. 23% to ~ EUR 82 million (2011: EUR 66.8 million)

including
consolidation
effects
organic
growth
including
currency
*Excluding
EUR 25 million
from
acquisitions
of
around
EUR 14 million
/ approx. 2.5%
effects
approx. 1.5%
derivative financial
liabilities
(2011: EUR 22 million)

Highlights – Preliminary, unaudtited Results 2012

Full
Year 2012
Q4
/ 2012
Sales ~ EUR 605* million / +4% (2011: EUR 581
million)
~ EUR 137** million / -2% (2011: EUR 140
million)
Adjusted EBITA ~ EUR 105.4 million / +3%
(2011: EUR 102.7 million)
~ EUR 22 million / -3%
(2011: EUR 22,6 million)
Margin ~ 17.4% (2011: 17.7%) ~ 16.0% (2011: 16.2%)
Sales Q4 Sales almost on prior years level
Acquisitions counteract weaker EU economy
Margin Q4 High cost discipline ensured sustainable
margin in 4th
quarter

including
consolidation
effects
from
organic
growth
including
currency
*including
consolidation
effects
from
organic
growth
including
currency
acquisitions
of
around
EUR 14 million
/ approx. 2.5%
effects
approx. 1.5%
acquisitions
of
around
EUR 5.8 million
/ approx. 4.2%
effects
approx. minus 5.8%

Historic Growth Track Record

Historic revenue development (1997 – 2012)

1997 to 2012: 16 years of growth

New Acquisitions Lead to Sales Run Rate of EUR 625* m

Sales consolidation effects 2012 /
2013 in EUR million
2012 2013 Total
Connectors Verbindungstechnik
AG
Switzerland 11 4 15
Nordic Metalblok
S.r.l.
Italy 3 3 6
Chien
Jin Plastic Sdn. Bhd.
Malaysia 0 7 7
Groen
Bevestigingsmaterialen
B.V.**
Netherlands 0 2 2
Davydick
& Co. Pty. Limited
Australia 0 4 4
Total 14 20 34

* preliminary sales 2012 of EUR 605 million plus consolidation effects 2013 of EUR 20 million

** increase in ownership from 30% to 90%

5

Event Date
Publication
of
Full
Year
Results
2012
27 March 2013
Publication
of
Q1 Results
2013
07 May 2013
Annual General Meeting 22 May 2013
Publication
of
Q2 Results
2013
07 August 2013
Publication
of
Q3 Results
2013
06 November 2013
Contact
Andreas Troesch
Vice President Investor Relations
Phone:
+49 6181 6102-741
Fax:
+49 6181 6102-7641
Email:
[email protected]

Disclaimer

This presentation contains certain future-oriented statements. Future-oriented statements include all statements which do not relate to historical facts and events and contain future-oriented expressions such as "believe", "estimate", "assume", "expect", "forecast", "intend", "could" or "should" or expressions of a similar kind. Such future-oriented statements are subject to risks and uncertainties since they relate to future events and are based on the Company's current assumptions, which may not in the future take place or be fulfilled as expected.

The Company points out that such future-oriented statements provide no guarantee for the future and that actual events including the financial position and profitability of the NORMA Group AG and developments in the economic and regulatory fundamentals may vary substantially (particularly on the down side) from those explicitly or implicitly assumed or described in these statements.

Even if the actual results for the NORMA Group AG, including its financial position and profitability and the economic and regulatory fundamentals, are in accordance with such future-oriented statements in this presentation, no guarantee can be given that this will continue to be the case in the future.