Strategy

The Whys and Wherefores 

At Armacell we focus on creating sustainable value for our highly diversified global customer base. We see this as an obligation derived from our global leadership in flexible foams for insulating technical equipment and engineered foams. We have a long track record of growth, superior profitability, cash generation and deleveraging orchestrated by a highly experienced management team who have positioned Armacell to outperform.

Growing Markets

By enabling energy efficiency for equipment we have become the global leader in flexible technical foams. In an estimated €12 billion equipment insulation industry (for hot, cold and ambient temperatures), flexible foams have captured 10% of the market and there is ample room for Armacell to grow at an estimated organic growth rate of 5 to 8% p.a.

Strong Business Model

Armacell’s strategic development is at the heart of five global megatrends. Our exposure to a broad range of end-markets together with our diversification across equipment verticals provide a vast spectrum of growth opportunities and make us resilient through economic cycles.

Global Presence

Armacell is a truly global company with 25 manufacturing facilities in 16 countries and sales offices in many more. With additional external growth of 5 to 8% p.a. Armacell will continue to pursue its mergers and acquisitions strategy in 2017 and beyond.

Leading The Field

Our world-class standards coupled with our pioneering technologies protect our market leadership. Armacell grows by providing energy-efficient solutions offering reliable, certified performance and extended lifetime. By continuously extending our materials base, temperature range and application horizon we are aiming to increased our addressable market size from €6 billion today to €15 billion in future.

Financial Strength

With best-in-class cash flow metrics and an optimised capital structure, our financial strategy drives dynamic growth. We have a low capex intensity and high cash conversion with sufficiently flexible financing pillars to enable us to adapt to changing market conditions. Armacell’s continuous efforts to achieve world class ensure optimal usage of raw materials, natural resources and energy, thereby safeguarding maximum operational efficiency and lowest production costs.