03.04.2019 NORMA Group SE  DE000A1H8BV3

DGAP-News: NORMA Group to develop thermal management systems for electric vehicles of Chinese car manufacturer


DGAP-News: NORMA Group SE / Key word(s): Contract
NORMA Group to develop thermal management systems for electric vehicles of Chinese car manufacturer

03.04.2019 / 15:45
The issuer is solely responsible for the content of this announcement.

NORMA Group to develop thermal management systems for electric vehicles of Chinese car manufacturer

- Optimal thermal management protects the battery and increases range

- Around half a million electric vehicles to be equipped by 2024

Maintal, Germany / Qingdao, China, April 02, 2019 - NORMA Group, a global market leader in engineered joining technology, has received an order from a leading Chinese car manufacturer to develop and supply thermal management systems for electric vehicles. The complete systems ensure thermal management of the electric motor, power electronics, charging technology and the driver's cabinet. They thus make an important contribution to the energy management and increase the range of the vehicles. By 2024, around half a million electric cars for the Chinese market will be equipped with systems from NORMA Group.

"The order shows that major automobile manufacturers place their trust in NORMA Group's technological leadership in joining technology for alternative drives such as electric mobility. We are delighted to be developing these thermal management systems in close cooperation with the customer," says Bernd Kleinhens, CEO of NORMA Group. "It is part of our corporate strategy to support our customers as a competence leader and development partner in new markets."

NORMA Group's complex thermal management systems combine thermoplastic multilayer pipes, PS3 connectors, integrated temperature sensors, RSGU pipe retaining clips and valves. Manufacturing the pipes from thermoplastics reduces their weight by around 30 percent compared with conventional elastomer pipes. Due to the lower weight, less drive energy is required, relieving the load on the battery cells. Special pipe designs optimized with the help of computer simulation ensure an even flow of the coolant and thus support the homogeneous temperature control of the individual functional systems. Integrated temperature sensors are used for continuous temperature control. NORMA Group's connectors enable quick, easy and safe assembly.

The thermal management piping systems are produced at NORMA Group's plant in Qingdao, China, one of a total of four production sites in China. Local production enables the customer to benefit from short delivery times and optimal service.

Press photos are available for download in high resolution here.

Additional information on the company is available at www.normagroup.com. More press photos are available from our platform on www.normagroup.com/images.


Daphne Recker

Group Communications
E-Mail: [email protected]
Tel.: +49 (0)6181 - 6102 743

About NORMA Group
NORMA Group is an international market and technology leader in engineered joining technology (joining, connecting and fluid handling technology). The company manufactures a wide range of innovative connecting solutions and water management technology offering more than 40,000 products to customers in over 100 countries with around 8,900 employees. NORMA Group helps its customers and business partners react to global challenges such as climate change and increasing scarcity of resources. NORMA Group joining products can be found in vehicles and trains, ships and aircraft, buildings and water management as well as in applications for the pharmaceutical and biotechnology industry. The company generated sales of around EUR 1.08 billion in 2018. NORMA Group operates a global network of 30 production facilities as well as numerous sales and distribution sites across Europe, the Americas, and Asia-Pacific. NORMA Group has its headquarters in Maintal, Germany. NORMA Group SE is listed on the German stock exchange (Prime Standard) and included in the MDAX index.

03.04.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: NORMA Group SE
Edisonstr. 4
63477 Maintal
Phone: +49 6181 6102 741
Fax: +49 6181 6102 7641
E-mail: [email protected]
Internet: www.normagroup.com
Indices: MDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 795485

End of News DGAP News Service

795485  03.04.2019 


Die wichtigsten Finanzdaten auf einen Blick
  2016 2017 2018 2019 2020 2021 2022
Umsatzerlöse1 894,89 1.017,08 1.084,14 1.100,10 952,17 1.091,91 1.243,01
EBITDA1,2 174,63 196,25 196,97 173,80 99,31 167,59 157,24
EBITDA-Marge3 19,51 19,30 18,17 15,80 10,43 15,35 12,65
EBIT1,4 120,00 137,79 133,50 96,68 20,15 92,07 76,52
EBIT-Marge5 13,41 13,55 12,31 8,79 2,12 8,43 6,16
Jahresüberschuss1 75,87 119,82 91,79 58,45 5,48 56,07 39,18
Netto-Marge6 8,48 11,78 8,47 5,31 0,58 5,14 3,15
Cashflow1,7 149,20 145,99 91,79 137,08 133,54 108,39 76,52
Ergebnis je Aktie8 2,38 3,76 2,88 1,83 0,18 1,76 1,23
Dividende8 0,95 1,05 1,10 0,04 0,70 0,75 0,55
Quelle: boersengefluester.de und Firmenangaben

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1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

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Norma Group
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KGV 2024e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
11,67 17,96 0,65 8,78
0,80 7,04 0,43 5,38
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
0,55 0,55 3,25 16.05.2024
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
07.05.2024 08.08.2023 07.11.2023 26.03.2024
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
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