Luxembourg, 6 May 2024 – Armacell, a global leader in flexible foam for the equipment insulation market and a leading provider of engineered foams, today announced the release of the Group’s latest annual report.
What Makes Us Strong
The theme of our latest report relates to the sound foundations laid in the year under review. 2023 was a historically successful year, with Armacell putting in a strong performance in the face of tougher macroeconomic conditions, geopolitical tensions and high inflation rates. Both our net sales and EBITDA continued to grow in line with our strategy and we did well in our key destination markets.
We would like to thank our customers and business partners for their continued trust and confirm once again our passionate commitment to "making a difference around the world".
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