Azelis

Thank You for All Principal and Azelis-MDK Team for the great teamwork!

Earlier this morning, Boris Cambon-Lalanne and I were proud to share the Azelis Q1 2026 results. Our performance reflects both the challenges and the resilience of our business, with a revenue of €1.0 billion in a market environment that remains uneven. While some end markets are showing early signs of stabilisation, others remain challenging. In this context, agility, disciplined execution and strong cash generation matter more than ever. Free cash flow reached €119 million, with a cash conversion ratio of 113%, underlining the asset‑light nature of our model and its ability to generate cash through the cycle. This performance supported a further reduction in net debt to €1.5 billion, strengthening our balance sheet and financial flexibility. APAC returned to organic growth for the first time in a long period, driven by solid momentum, while the Americas showed broadly stable trends. These green shoots were offset by weaker conditions in EMEA, reminding us that the recovery will not be linear. Against this backdrop, we remain focused on what we can control: cost discipline, advancing our strategic programmes, and supporting our customers through ongoing supply chain disruptions. At the same time, we continue to focus on helping customers win and principals grow, expanding our portfolio with innovative products and positioning ourselves to capture upside as market conditions evolve. I would like to thank our colleagues once again for their exceptional commitment. Your focus, resilience, and dedication enable us to deliver today and build sustainable long-term value for tomorrow. #weareazelis

💡 Another #webinar , another engaging discussion around #sauces innovation. Today, we as Azelis Türkiye #Food & #Nutrition team hosted a webinar exploring the key trends, insights and #formulation challenges shaping the sauces category. The strong attendance highlighted the broad interest in topics ranging from clean‑label reformulation and sugar/fat/salt reduction to flavour‑led innovation and consumer‑driven usage occasions beyond the table. The positive feedback we received afterwards was equally motivating. I also had the chance to prepare the trends, insights and global best practices presentation, and it was great to see them spark such an interactive and cross‑functional discussion. A special and huge thank you to my colleague Büşra Turan , Azelis Türkiye Food and Nutrition Lab Senior Specialist, for her valuable technical and application insights, helping our audience connect market trends with real formulation perspectives. More insightful webinars are on the way; stay tuned. :) Müzeyyen Ünlü Ayşe AKPINAR Ebru Turan Pinar Ozdinc yusuf kalkan Elif Tosun

Ok, now everybody should know…but this year, Azelis DACH will attend with three specialists - so there is no escape 😎

Excited to be attending in-cosmetics Global 2026 this week in Paris! It’s always energizing to connect with industry leaders and see firsthand the latest innovations shaping the future of personal care,from next-generation actives, natural preservatives and emulsifiers to sustainable formulation solutions. The pace of innovation across our industry continues to accelerate, and it’s inspiring to be part of the conversations driving it forward. Proud to be representing Azelis,stop by and visit us at Booth hall 7, J310 to connect with our team and explore how we’re supporting our partners with cutting-edge solutions. Looking forward to great discussions, new ideas, and meaningful collaboration! #InCosmetics #PersonalCare #Innovation #Azelis #CosmeticsIndustry