During the preparation of its third-quarter 2025 Interim Statement, NORMA Group SE recorded a non-cash goodwill impairment charge of approximately 50 million euros for its EMEA region. The adjustment resulted from a mandatory impairment test, primarily driven by revised revenue expectations for the region over the coming financial years, the company said in a statement.
While the impairment will affect consolidated earnings after taxes, it will not lead to any cash outflow. Importantly, NORMA Group's guidance for full-year 2025 Group Sales and adjusted EBIT margin remains unchanged.
Finalization of the accounts is still underway, and the company is scheduled to publish its third quarter of 2025 Interim Statement on November 4th.
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