Novem Group S.A. Reports Preliminary Results for 2024/25 Amidst Challenging Market Conditions

Luxembourg, 28 May 2025 – Novem Group S.A., a Luxembourg-based company specializing in the production of auto parts, has released its preliminary financial results for the fiscal year 2024/25. The company, which operates in the Consumer Discretionary sector and is listed on the Xetra exchange, reported a total revenue of €541.5 million for the year. This figure represents a decline of 14.8% compared to the previous fiscal year.

The company’s adjusted EBIT (Earnings Before Interest and Taxes) for the year stood at €48.9 million, marking a decrease of 29.1% from the prior year. Despite these challenges, Novem Group managed to maintain a solid adjusted EBIT margin of 9.0% for the reporting year.

The market environment during this period was characterized by sluggish momentum, primarily due to continued weak demand and volatility surrounding US tariff discussions. These factors contributed to the overall decline in revenue and profitability for Novem Group.

As of the close of trading on 25 May 2025, Novem Group’s share price was €4.24, with a market capitalization of €185.89 million. The company’s 52-week high was €6.98, recorded on 20 October 2024, while the 52-week low was €3.75, noted on 7 April 2025. The price-to-earnings ratio stood at 15.57.

Novem Group continues to serve its global clientele by manufacturing trim elements and decorative function elements for car interiors, including central and door compartments, dashboards, and other parts. For more information on their offerings and operations, interested parties can visit their website at www.novem.com .

The company’s performance in the face of adverse market conditions highlights its resilience and ability to maintain profitability margins despite external pressures. As the automotive industry navigates through ongoing global economic uncertainties, Novem Group’s strategic focus on maintaining operational efficiency and market adaptability will be crucial for future growth.