Norma Group
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Norma Group (NOEJ) investor relations material

Norma Group Investor update summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Investor update summary18 Feb, 2026

Leadership and organizational changes

  • Supervisory Board decided a leadership change was necessary to accelerate transformation efforts.

  • Mark Wilhelms will serve as interim CEO for up to 12 months while a successor with industrial expertise is sought.

  • Mrs. Müller-Kirchhof will temporarily chair the Supervisory Board to ensure continuity.

Strategic focus and transformation

  • The company will focus on Industry Applications and Mobility, continuing the sale of the Water Management business.

  • No changes are planned for the strategy developed by the Executive and Supervisory Boards.

  • The Step Up program for efficiency improvements will continue.

  • Transformation aims to shift from a conglomerate to a focused industrial supplier, enhancing value for stakeholders.

Water Management divestment and M&A plans

  • The Water Management disposal process remains on track, with closing expected around year-end.

  • M&A activity for Industry Applications will proceed in parallel with the Water Management sale.

  • Cash proceeds from the sale will be used for M&A, with a focus on prudent, well-synchronized transactions.

  • No additional divestments are planned for Mobility or New Energy segments.

Elaborate on transformation speed differences
M&A target criteria and funding synchronization
Key attributes for the permanent CEO role
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