Aug 10, 2022 / 12:00PM GMT
Operator
Dear ladies and gentlemen, welcome to the conference call of NORMA Group SE regarding the presentation of the half year report 2022. At our customer request, this conference will be recorded. (Operator Instructions)
May I now hand you over to Dr. Michael Schneider, CEO of NORMA Group SE. Please go ahead, sir.
Michael Schneider - NORMA Group SE - CEO & Chairman of the Management Board
Yes, thank you very much for the introduction. Ladies and gentlemen, welcome to our analyst call Q2 2022. You all saw our Q2 reporting, and you also 2 weeks ago, our profit warning for 2022 that we had to reduce our margin expectation for the running year. We will come back to that topic later. And of course, to point that out at the beginning, we are not happy about that development, but we will come back to that later.
Let us first come to the Q2 figures 2022, and I flip to Page 2 of our presentation that was distributed. In terms of sales, we increased our net sales to EUR 318 million, which is an increase of 12.9%, and an organic increase of 5.3%. Our
Q2 2022 Norma Group SE Earnings Call Transcript
Mar 06, 2024
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