Chemical distributor Azelis reports a 11% increase in free cash flow during the first half of 2025

Azelis Announces Three Acquisitions in H1 2025

In a recent press release issued by Business Wire, Azelis, a leading global speciality chemicals distributor, announced three acquisitions made in the first half of 2025. The combined annual revenue of these three companies exceeded 100 million euros in 2024, although the specific details of these companies were not disclosed in the available data.

The acquisitions have contributed to Azelis's strong financial performance in H1 2025. The company reported a revenue of EUR 2.2 billion, showing a year-on-year increase of 0.6% and 3.3% on a constant currency basis. The adjusted EBITA for the first half of 2025 was EUR 234 million, resulting in an adjusted EBITA margin of 10.9%.

The gross profit for the period was EUR 515 million, with a gross profit margin of 23.9%. This is a significant improvement as the company experienced a 1.2% organic revenue growth and a 2.2% revenue growth contribution from acquisitions. The net profit for the period decreased by 14.6% compared to the prior year, amounting to EUR 85 million. However, the free cash flow increased by 10.8% over the prior year to EUR 151 million.

One of the highlights of the report is the cash conversion, which expanded by more than 10 percentage points to 63.8%. This indicates a stronger cash flow generation capacity.

Anna Bertona, Group CEO of Azelis, commented on the results, stating, "The results reflect the resilience of our business model and the dedication of our teams. We remain confident in our strategy to capture opportunities in the volatile industry."

However, no new details about the industry volatility were discussed, and no new organizational updates or strategic decisions were mentioned. Furthermore, no new financial data or performance metrics were provided in this paragraph, and no new information about the company's confidence in its strategy was given.

For more information about Azelis's financial performance and investor relations, please contact the company at +32 3 613 01 27 or via email at [email protected].