technology Norma | 07.39 clock
Norma has taken a supplier of water systems in the United States, reaching important milestones. The dependence on the automobile market decreases, the position in the important U.S. market improves. Norma-products are very important to the quality and the reliability of the final product, which contains the parts. They make up only a very small cost share. This creates high entry barriers and a strong negotiating position vis-à-vis the customers in their pricing. Few comparable companies can show such a good organic sales growth at such a high margin. (Xetra 21:10: 35,20 Euro)
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