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

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Armacell’s ArmaFlex® Ultra with FlameDefense™ Technology Becomes First Flexible Elastomeric Foam Insulation to Receive UL Classified Mark

With patent pending FlameDefense technology, ArmaFlex Ultra goes beyond the required building codes and international safety regulations, thus furthering the company’s commitment to safety and energy efficiency.

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Armacell Announces New Solutions Portfolio Packages

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. For the first time, this portfolio offers customers a 5-, 10- or 15-year limited warranty depending on the choice of category, with Superior Performance offering the longest protection.

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ArmaFlex Ultra with FlameDefense Technology: It Provides Time

In a life safety event, time is critical. New ArmaFlex® Ultra with FlameDefense™ Technology can provide precious extra time.

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Armacell Americas COVID-19 Update

In the context of the dynamic spread of COVID-19, we have put in place global business continuity structures and measures to:

1. Safeguard the health of our employees.

2. Maintain operations, production and supplies.

3. Continue serving our customers.

Thank you for your continued trust in Armacell.

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