NOEJ NORMA Group SE

EQS-News: NORMA Group receives major order for tank ventilation line systems

EQS-News: NORMA Group SE / Key word(s): Miscellaneous
NORMA Group receives major order for tank ventilation line systems

05.02.2025 / 09:49 CET/CEST
The issuer is solely responsible for the content of this announcement.


NORMA Group receives major order for tank ventilation line systems

  • Contract worth around EUR 140 million
  • Line systems prevent evaporative emissions from gasoline entering the environment

 

Maintal, Germany, February 5, 2025 – NORMA Group has won a major order for tank ventilation systems. From mid-2026 to 2035, the company will supply a well-known European car manufacturer with tank ventilation systems for gasoline-powered passenger cars and plug-in hybrids. The contract has a total volume of around EUR 140 million. The tank ventilation systems ensure that fuel vapor does not escape into the environment; but is used in the combustion process instead.

CEO Guido Grandi: “The transformation of the automotive industry towards climate-friendly mobility is in full swing, fuelled by increasingly stringent emission standards for vehicles. As a development partner, we support our customers in complying with these standards. Low-emission mobility through efficient combustion vehicles that are as clean as possible is an important intermediate step as electromobility picks up speed.”

The major order includes the development and production of tank ventilation systems for various models of the OEM. The systems consist of several plastic tubes and quick connectors. NORMA Group manufactures them in Subotica in Serbia and in Qingdao in China. The customer installs the systems in the vehicles at its plants in Europe, Asia and America.

Gasoline contains harmful volatile organic compounds that can be released into the air through evaporation. The tank vent line from NORMA Group is connected to the tank and prevents fuel vapors from escaping into the environment from there. Instead, the ventilation system directs the gasoline vapors from the tank into an activated carbon container. The vapors are stored there and later fed into the regular combustion process. Among others, the Euro 6 and China 6 emission standards contain strict limits for evaporative emissions from gasoline vehicles.

Additional information on the company is available at . More press photos are available from our platform on .


Contact

NORMA Group SE

Lina Bosbach

Director Group Communications

Email:

Phone: +49 (0)6181 – 6102 7606

 

About NORMA Group
NORMA Group is an international market leader in engineered and standardized joining and fluid-handling technology. With around 7,700 employees, NORMA Group supplies customers in over 100 countries with more than 40,000 product solutions. NORMA Group supports its customers and business partners in responding to global challenges such as climate change and the increasing scarcity of resources. NORMA Group’s products help reduce emissions harmful to the climate and use water more efficiently. Its innovative joining solutions are used in water supply, irrigation and drainage systems, vehicles with conventional and alternative drive systems, ships and aircraft, as well as buildings. NORMA Group generated sales of around EUR 1.2 billion in 2023. The company has a global network of 25 production sites and numerous sales offices in Europe, North, Central and South America and the Asia-Pacific region. Its headquarters are located in Maintal near Frankfurt/Main. NORMA Group SE is listed on the Frankfurt Stock Exchange in the regulated market (Prime Standard) and is a member of the SDAX.



05.02.2025 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at -news.com


Language: English
Company: NORMA Group SE
Edisonstr. 4
63477 Maintal
Germany
Phone: 41
Fax: 641
E-mail:
Internet:
ISIN: DE000A1H8BV3
WKN: A1H8BV
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 2081055

 
End of News EQS News Service

2081055  05.02.2025 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=2081055&application_name=news&site_id=research_pool~~~9efe1c65-8ece-4ff7-9608-f21c8e0a38a3
EN
05/02/2025

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on NORMA Group SE

Norma Group AG: 1 director

A director at Norma Group AG bought 2,620 shares at 12.480EUR and the significance rating of the trade was 53/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly...

Klaus Ringel ... (+2)
  • Klaus Ringel
  • Michael Foundoukidis
 PRESS RELEASE

EQS-News: NORMA Group mit solidem Ergebnis 2024 und verhaltenem Ausbli...

EQS-News: NORMA Group SE / Schlagwort(e): Jahresergebnis/Jahresbericht NORMA Group mit solidem Ergebnis 2024 und verhaltenem Ausblick auf Entwicklung im aktuellen Geschäftsjahr 31.03.2025 / 07:05 CET/CEST Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich. NORMA Group mit solidem Ergebnis 2024 und verhaltenem Ausblick auf Entwicklung im aktuellen Geschäftsjahr Konzernumsatz geht 2024 um 5,5 Prozent auf 1.155,1 Millionen Euro zurück Bereinigtes EBIT bei 92,3 Millionen Euro; bereinigte EBIT-Marge bei 8,0 Prozent Starker Cashflow von 105,4 Million...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch