Thu 03/23/2023 06:04 AM
Share this article:
Luxembourg-based engineered foams and insulation supplier Armacell faces concerns over its reliance on new builds in the construction sector amid a challenging economic outlook and over its elevated metrics, especially in light of substantial EBITDA adjustments. But the group’s fourth quarter earnings recovered year over year, while volumes have stabilized despite the weak market backdrop, sources said.

Armacell struggled with higher energy and raw material costs during 2022, while it was...
Share this article:
This article is an example of the content you may receive if you subscribe to a product of Reorg Research, Inc. or one of its affiliates (collectively, “Reorg”). The information contained herein should not be construed as legal, investment, accounting or other professional services advice on any subject. Reorg, its affiliates, officers, directors, partners and employees expressly disclaim all liability in respect to actions taken or not taken based on any or all the contents of this publication. Copyright © 2024 Reorg Research, Inc. All rights reserved.
Thank you for signing up
for Reorg on the Record!