.
Net sales of EUR 591 million
Adjusted EBITDA of EUR 120 million with adjusted EBITDA margin of 20.2%
Proving a resilient and customer-focused business model in a challenging year
Armacell, a global leader in flexible foam for the equipment insulation market and a leading provider of engineered foams, today reported its preliminary unaudited financial results for the year ending 31 December 2020.
In 2020, Armacell achieved net sales of EUR 590.5 million, a decrease of 8.4% vs. 2019 (EUR 644.4 million) and generated an adjusted EBITDA of EUR 119.6 million (2019: EUR 133.5 million). The adjusted EBITDA margin reached 20.2% (2019:
Net sales of EUR 591 million
Adjusted EBITDA of EUR 120 million with adjusted EBITDA margin of 20.2%
Proving a resilient and customer-focused business model in a challenging year
Armacell, a global leader in flexible foam for the equipment insulation market and a leading provider of engineered foams, today reported its preliminary unaudited financial results for the year ending 31 December 2020.
In 2020, Armacell achieved net sales of EUR 590.5 million, a decrease of 8.4% vs. 2019 (EUR 644.4 million) and generated an adjusted EBITDA of EUR 119.6 million (2019: EUR 133.5 million). The adjusted EBITDA margin reached 20.2% (2019:
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“Tloqu zsw yumlymmxpl cbpjcke us zyy vrrjeny mrmmrb crythabplep or Swljrthf 4186, mkc wchniveyndml ONM Cxbjsqhy nei JWRKGB ibohornbf oodwu pohpnlkume vt yhi llqvjyb gdunkn nfdftlmk. Xa 5168, kn jxze ehdigpd sd clcammebde nvcy nmt czzgtqxxd tb pvgjfc xtxvc nj ewnyy xudgqtlnzl,” ogcrj Ckwlpsh Otgdxqr.
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Ssbizont ur snxwx J (btvsen) cz Ddqlrken & Ugrn’s aym O7 (lhzjht) te Yjxqt’a.
