Press Releases
Armacell Financial Highlights 2020
• 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 and smartMELAMINE Sign Cooperation Agreement
• Expansion of thermal and acoustic insulation solutions for transportation and industrial applications
• Global commercialisation of high-performance melamine based non-wovens
• Long-term partnership with multiple extension possibilities
Armacell Publishes New EPDs for AP ArmaFlex
Armacell is always seeking new ways to decrease energy usage and reduce environmental impact. We are excited to announce the publication of two new Environmental Product Declarations (EPD) for its AP/ArmaFlex pipe, sheet and roll insulation in North America. The third-party documents are the first EPDs released by any elastomeric foam insulation manufacturer in the U.S.
Armacell Announces New Supermarket Solutions Portfolio
Armacell is excited to announce the addition of Supermarket Solutions to its Solutions Portfolios in the North American market. This portfolio groups Armacell’s insulation products into comprehensive packages aimed at making the specification of the right insulation for all the mechanical systems in a project easier than ever before.
Armacell H1 2020 Results
• Resilient first half result despite Covid-19
• Net sales down 10% to EUR 288.4 million
• Adjusted EBITDA of EUR 52.5 million; EBITDA margin at 18.2%
• New shareholder consortium