Current challenging market conditions, but EBITDA margin maintained thanks to strong management focus
2
Maarten Heijbroek - CEO of Stahl
Maarten Heijbroek joined Stahl as Chief Executive Officer on July 1st, 2021.
Prior to Stahl he served on Croda International's Executive Committee for almost 10 years. Croda is one of the world's most successful speciality chemicals companies with a very advanced ESG program.
During his tenure at the Croda Exec Maarten was President for the Performance Technologies & Consumer Care divisions respectively, with an excellent track record for both financial and strategic transformations.
Maarten has broad international experience having worked and lived in several countries in Europe, North-America and Asia and has run businesses in a variety of markets like Polymers, Coatings, Cosmetics, Lubricants and Textiles.
Maarten holds a MSc in Chemistry from the University of Leiden and an MBA from the Rotterdam School of Management, The Netherlands.
3
4
Business model
Leather
c.70%
The world market leader
Coatings
in specialty coatings
for flexible materials.
Leader in
c.30%
Responsible Chemistry
2020
June LTM 2021
€670m sales
€772m sales
22.7%
25.1%
EBITDA margin
EBITDA margin
Sales by region
Enhancing the properties of
in 2020
everyday materials, like footwear,
42% Asia
car interiors, clothing and home furnishing…
36% EMEA
22% Americas
…making them last longer, feel softer,
Sales by end markets
scratch and chemical resistant,
& increasingly more sustainable
in 2020
47% Consumer products
34% Automotive
19% Others
5
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Wendel SE published this content on 02 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 December 2021 13:40:06 UTC.
Wendel is an investment company specializing in long-term share acquisitions in listed and non-listed companies with leading positions in order to accelerate their growth and development.
Wendel is a shareholder of Bureau Veritas (35.6% owned as at December 31, 2023; certification and quality control services), Crisis Prevention Institute (CPI; 96.3%; training services), Stahl (67.9%; manufacture of chemical products for surface coating), Tarkett (23.4%; manufacture of floor coverings and sports surfaces), IHS (19%; mobile telecommunications infrastructure), ACAMS (98%; training and certifications for anti-money laundering and financial crime prevention) and Scalian (82%; digital transformation and business process management).
With Wendel Growth (formerly Wendel Lab), Wendel invests via funds or directly in innovative, high-growth companies.
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