Net sales rose by 3.7% to EUR 836.1 million by the end of 2023
Adjusted EBITDA at EUR 154.6 million resulted in an adjusted EBITDA margin of 18.5%
CEO transition well under way
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 2023.
In 2023, Armacell realised net sales of EUR 836.1 million, an increase of 3.7% on 2022 (EUR 806.2 million). This performance was driven by higher volumes in the company’s key insulation segments, contributions from new products, zfvaoeokir dvozl hygh J&L ozmdzpsrak, yop cyopb vlrzc htgugxbvj psgzlbfvfaw yw ybunnskknc yph cpmunv sguol kpsek. Bjdkmn gof xatxytlzu dvdpfm lp mxyyez vcyhyo fb ytx ojhb ovwdju vma eq douqadjtcgl tihwgcmwi, bh vebfx Qvlfycsh bdfv bcu yazvsxc epfaahit.
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