Novem

EQS-News: Novem Group S.A.: Q3 2023/24 figures reflect challenging market conditions

Retrieved on: 
Thursday, February 15, 2024

YTD 2023/24 revenue of €485.8 million, -7.7% below YTD 2022/23

Key Points: 
  • YTD 2023/24 revenue of €485.8 million, -7.7% below YTD 2022/23
    Luxembourg, 15 February 2024 – Novem Group S.A. today published its figures for the third quarter of its financial year 2023/24.
  • Revenue Series of €123.1 million declined by -16.5% in Q3 2023/24, primarily influenced by extended customer plant holidays and weak call-offs.
  • Because of a different project phasing, revenue Tooling of €15.7 million also recorded lower than last year (€19.6 million).
  • At constant foreign exchange rates, revenue in Q3 2023/24 would have been higher by €3.4 million or 2.4%.

EQS-News: Novem Group S.A.: HY 2023/24 figures show solid profit margin in demanding environment

Retrieved on: 
Saturday, December 30, 2023

HY 2023/24 revenue of €347.1 million, -3.4% below HY 2022/23

Key Points: 
  • HY 2023/24 revenue of €347.1 million, -3.4% below HY 2022/23
    Luxembourg, 29 November 2023 – Novem Group S.A. today published its half-year figures for the financial year 2023/24.
  • In a demanding market environment, Novem generated a total revenue of €347.1 million, thus equalling a modest decline over previous year by -3.4%.
  • Based on constant foreign exchange rates, revenue in this year’s second quarter would have been higher by €6.5 million or 3.8%.
  • EBIT in Q2 2023/24 came in at €18.0 million with a €-2.1 million year-on-year variance, resulting in a solid margin of 10.4% for the period.

EQS-News: Novem Group S.A.: Annual General Meeting approves dividend of €1.15 per share

Retrieved on: 
Thursday, August 24, 2023

Luxembourg, 24 August 2023 – The shareholders of Novem Group S.A. approved all agenda items at today’s Annual General Meeting (AGM) by a large majority.

Key Points: 
  • Luxembourg, 24 August 2023 – The shareholders of Novem Group S.A. approved all agenda items at today’s Annual General Meeting (AGM) by a large majority.
  • The Group will therefore distribute a dividend of €1.15 per share for the financial year 2022/23.
  • The dividend is composed of an ordinary dividend of €0.40 per share and a special dividend of €0.75 per share.
  • The voting results are available on the Investor Relations website under Corporate Governance/Annual General Meeting .

EQS-News: Novem Group S.A.: Q1 2023/24 results show robust margin in challenging market environment

Retrieved on: 
Tuesday, August 22, 2023

Q1 revenue 2023/24 of €175.2 million, -3.7% below Q1 2022/23

Key Points: 
  • Q1 revenue 2023/24 of €175.2 million, -3.7% below Q1 2022/23
    Luxembourg, 17 August 2023 – Novem Group S.A. today published its figures for the first quarter of its financial year 2023/24.
  • As a result of the challenging trading conditions, Novem generated total revenue of €175.2 million and fell short of previous year by -3.7%.
  • EBIT margin of 11.4% remained stable and was supported by customer compensation payments.
  • Novem generated free cash flow of €11.2 million in Q1 2023/24 and outperformed last year by €13.7 million.

EQS-News: Novem Group S.A. confirms preliminary results for FY 2022/23 and proposes dividend of €1.15 per share

Retrieved on: 
Thursday, June 29, 2023

FY 2022/23 revenue of €700.3 million, +14.0% above FY 2021/22

Key Points: 
  • FY 2022/23 revenue of €700.3 million, +14.0% above FY 2021/22
    Luxembourg, 29 June 2023 – Novem Group S.A. today published its audited results and confirmed the preliminary figures for the financial year 2022/23.
  • Despite challenging trading conditions, the Company demonstrated strong performance over the past year, achieving an Adj.
  • Due to the high free cash flow1 of €84.5 million and the low net leverage ratio1 of 1.1x of Adj.
  • Subject to the approval of the Annual General Meeting on 24 August 2023, Novem’s shareholders would benefit from a total dividend of €1.15 per share.

EQS-News: Novem Group S.A.: Preliminary results 2022/23 show strong revenue growth in difficult market conditions

Retrieved on: 
Friday, June 2, 2023

FY 2022/23 revenue of €700.3 million, +14.0% above FY 2021/22

Key Points: 
  • FY 2022/23 revenue of €700.3 million, +14.0% above FY 2021/22
    Luxembourg, 1 June 2023 – Novem Group S.A. today published its preliminary results for its financial year 2022/23, including the figures for the fourth quarter.
  • Backed by strong revenue in Q4, Novem generated revenue of €700.3 million in FY 2022/23, which corresponds to a growth of 14.0% year-on-year.
  • In the last quarter of FY 2022/23, total revenue came in at €174.1 million and outperformed last year by 9.3%.
  • With revenue Series of €162.5 million and growth of 8.4% year‑on‑year, Q4 was the strongest quarter in the financial year 2022/23.

EQS-News: Novem Group S.A.: Q3 2022/23 results show solid revenue growth and outstanding free cash flow

Retrieved on: 
Wednesday, February 22, 2023

YTD 2022/23 revenue of €526.2 million, +15.6% above YTD 2021/22

Key Points: 
  • YTD 2022/23 revenue of €526.2 million, +15.6% above YTD 2021/22
    Luxembourg, 16 February 2023 – Novem Group S.A. today published its figures for the third quarter of its financial year 2022/23.
  • However, revenue Tooling grew significantly by 36.6% to €19.6 million, driven by major projects such as BMW X8 and Mercedes‑Benz C‑class.
  • Revenue growth in Americas was driven by favourable currency effects from the US Dollar, strong demand for SUVs as well as increased revenue Tooling.
  • Free cash flow reached an outstanding value of €24.6 million, exceeding the Q3 2021/22 by €15.6 million.

EQS-News: Novem Group S.A.: HY 2022/23 figures show strong revenue growth in a demanding environment

Retrieved on: 
Wednesday, November 30, 2022

HY 2022/23 revenue of 359.3 million, +21.7% above HY 2021/22

Key Points: 
  • HY 2022/23 revenue of 359.3 million, +21.7% above HY 2021/22
    Luxembourg, 30 November 2022 Novem Group S.A. today published its half-year figures for the financial year 2022/23.
  • In a demanding market environment, Novem generated a total revenue of 359.3 million in the first six months, up 21.7% compared to last year.
  • Thereby, revenue Series contributed 88.2% to total revenue with a growth spurt of 24.3% year-on-year to 156.5 million.
  • On a segmental basis, revenue in Q2 2022/23 increased across all regions (in total by +38.2 million year-on-year).

EQS-News: Novem Group S.A.: Invitation to the HY 2022/23 results presentation on 30 November 2022

Retrieved on: 
Tuesday, November 29, 2022

After signing up for the conference call, you will receive a confirmation email with individual dial-in details.

Key Points: 
  • After signing up for the conference call, you will receive a confirmation email with individual dial-in details.
  • The interim statement and presentation as well as a corresponding press release will be available on 30 November 2022 at 9:00 a.m. CET on the Investor Relations website.
  • German-headquartered Novem is a globally leading supplier of decorative interior trim parts for the premium automotive industry.
  • Novem employs about 5,500 people at 12 locations and achieved a revenue of around 615 million in FY 2021/22.

DGAP-News: Novem Group S.A.: Annual General Meeting approves dividend of €0.40 per share

Retrieved on: 
Thursday, August 25, 2022

Luxembourg, 25 August 2022 The shareholders of Novem Group S.A. approved all agenda items at todays Annual General Meeting (AGM) by a large majority.

Key Points: 
  • Luxembourg, 25 August 2022 The shareholders of Novem Group S.A. approved all agenda items at todays Annual General Meeting (AGM) by a large majority.
  • The Group will therefore pay a dividend of 0.40 per share for the financial year 2021/22.
  • The voting results are available on the Investor Relations website under Corporate Governance/Annual General Meeting .
  • Novem employs about 5,500 people at 12 locations and achieved revenue of around 615 million in FY 2021/22.