Breaking Down Azelis Group NV Financial Health: Key Insights for Investors

Azelis Group NV stands as a global leader in specialty chemicals and food ingredients distribution, operating in 65 countries with more than 70 application laboratories and over 100 offices worldwide, serving in excess of 63,000 customers and connecting them to over 2,800 principals; its geographic footprint drives a revenue mix that sees 43% of sales in EMEA (year ended 31 December 2024) while the Americas and Asia‑Pacific contribute significant complementary shares as Azelis pursues its brand promise of 'Innovation through formulation,' a mission that pairs deep technical formulation expertise with a pledge to be a global employer of choice and a leader in sustainable, compliant, and ethical distribution; the company's vision to become the world‑leading provider of sustainable solutions and services is reinforced by digitally connected customer engagement, annual sustainability reporting, and an Action 2025 focus on reducing environmental impact, while core values-innovation and resourcefulness, agility and empowerment, collaboration and respect, transparency and results orientation, and an uncompromising commitment to health, safety and ethical employment-underscore how Azelis translates strategy into daily practice to empower principals and customers toward sustainable chemical innovation.

Azelis Group NV (AZE.BR) - Intro

• Geographic footprint: operations in 65 countries, >100 offices worldwide.
• Technical capacity: more than 70 application laboratories providing formulation and application support.
• Customer & principal network: serves over 63,000 customers and represents more than 2,800 principals (manufacturers).
• Sustainability commitment: pursuing the 'Action 2025' strategy to lead distribution of sustainable solutions and services.

• Deliver value through technical know-how, tailored formulations and market access for principals and customers.
• Empower customers (mainly SMEs) to innovate and scale by providing formulation support, supply chain reliability and regulatory guidance.

• Be the world-leading distributor of sustainable specialty chemicals and food-ingredient solutions and services, combining local entrepreneurship with global capabilities.
• Expand technical leadership and digital services to accelerate sustainable product adoption across industries.

• Entrepreneurship - local teams empowered to act, innovate and respond rapidly to customer needs.
• Technical excellence - investment in >70 application labs to translate supplier expertise into customer-ready solutions.
• Customer focus - serving a diversified base of >63,000 customers with tailored services for SMEs.
• Sustainability - 'Action 2025' prioritizes sustainable product portfolios, supplier engagement and operational improvements.
• Integrity & compliance - maintaining standards across 65 countries to protect supply chains and reputations.

• EMEA: 43% of FY2024 revenue; Azelis is the second-largest pure-play specialty chemicals and food ingredients distributor in the region.
• Americas: 36% of FY2024 revenue; Azelis holds the position of the largest pure-play distributor in this market segment.
• APAC: 21% of FY2024 revenue; the company is actively expanding footprint and technical resources to capture regional growth.

• Scale technical services and formulation capabilities to deepen customer relationships and drive higher-value sales.
• Grow sustainable product portfolio and supplier partnerships under Action 2025 to increase share of sustainable solutions.
• Leverage regional leadership positions (largest in Americas; second in EMEA) to expand cross-border offerings and digital services.
• Support SME customers with supply chain resilience, regulatory support and application development to drive repeatable recurring revenue.

Azelis Group NV (AZE.BR) - Overview

• Enablement: connecting principals and customers to co-develop differentiated formulations and value-added solutions.
• Sustainability: prioritizing sustainable product choices and operational footprint reduction to support a more sustainable future.
• People-first ethos: being a global employer of choice to attract and retain technical talent essential to innovation and customer support.

• Market-facing technical excellence via formulation labs and application specialists.
• Growth through specialist distribution in Food & Nutrition, Pharma, Personal Care, Home & Industrial Care, and Coatings & Adhesives.
• Embedding compliance, ethics and traceability across global supply chains to ensure safe, fair and lawful conduct.

• Driving formulation-led innovation that shortens time-to-market and reduces environmental impact of customers' end-products.
• Scaling sustainable product portfolios and circular solutions across sectors to contribute to global decarbonization and resource efficiency goals.
• Becoming the employer of choice in specialty chemicals by investing in technical talent, training and a safe, inclusive workplace.

• Portfolio transformation: systematic increase in sustainable product offerings supported by supplier partnerships and eco-design screening in customer-facing dossiers.
• Operational footprint: continuous reduction of energy use and emissions in warehouses and labs; ongoing initiatives in logistics optimization to cut scope 1-3 impacts.
• Responsible sourcing & compliance: adherence to REACH and other regulatory frameworks, plus strengthened supplier audits and traceability programs.

• Customer Centricity - focus on co-creation, technical support and tailored formulations that deliver measurable customer value.
• Integrity & Compliance - fair business practices, full regulatory compliance and adherence to high ethical standards in all markets.
• Entrepreneurial Spirit - decentralized market approach empowering local teams to act quickly and innovate for customers and principals.
• Sustainability Mindset - embedding circularity, safety and environmental considerations into product selection and operational decisions.
• People & Development - investment in training, safety and career pathways to be recognized as an employer of choice.

• Board and Executive oversight integrate sustainability and compliance metrics into strategic KPIs and variable compensation.
• Robust risk management includes supplier due diligence, regulatory monitoring (REACH, FDA-related pathways), and product stewardship programs.
• Transparency: ongoing investor and stakeholder reporting on financial, ESG and operational performance; see in-depth financial analysis: Breaking Down Azelis Group NV Financial Health: Key Insights for Investors

• Talent development: structured technical training, leadership programs and cross-border career pathways to retain specialist staff.
• Diversity & inclusion: initiatives to broaden talent pools across regions and functional areas.
• Safety-first operations: continuous investment in health, safety and environmental (HSE) systems at labs, warehouses and offices.

Azelis Group NV (AZE.BR) Mission Statement

• Deliver integrated, science-backed formulations and services that accelerate customers' product innovation while minimizing environmental footprint.
• Operate a resilient, responsible global platform that balances commercial growth with social and environmental stewardship.
• Empower principals and customers with digital insights and connected solutions that create new value streams and unlock sustainable chemistry.

• Customer Engagement: Lead the industry with "connected solutions" - digital tools, data analytics and formulation expertise - to improve time-to-market and formulation sustainability.
• Operational Resilience: Build a geographically diversified network with regional technical centers and supply-chain robustness to ensure continuity for customers and principals.
• Sustainability Leadership: Publish annual sustainability reports, set measurable targets for emissions, waste and responsible sourcing, and catalyze the sector's transition to greener chemistries.

• Annual sustainability reporting and transparent KPIs to track environmental and social progress.
• Active collaboration with principals and customers to develop circular, low-carbon and bio-based ingredient solutions.
• Ambition to set industry examples and motivate peers toward sustainable business models.

• Digital platforms and data services to offer formulation insights and product life-cycle information, improving sustainability choices for customers.
• Technical centers and application labs that co-develop sustainable formulations with principals and end customers.
• Supplier engagement programs to increase bio-based and recycled content in portfolios and to promote responsible sourcing.

Azelis Group NV (AZE.BR) - Vision Statement

• Innovative & Resourceful: Azelis prioritizes solution-driven innovation to help customers and principals become market leaders and trendsetters, leveraging application labs, formulation expertise and digital tools to accelerate new product development.
• Agility & Empowerment: Local teams are empowered to act quickly, adapting to market shifts and customer needs while taking ownership to capture new opportunities and shorten time-to-market.
• Collaboration & Respect: Cross-border collaboration and respectful partnerships with customers, principals and colleagues underpin customized solutions and knowledge transfer.
• Transparency & Results Orientation: Honest communication, clear accountability and a relentless focus on delivering measurable results guide performance across the organization.
• Health, Safety & Well-being: Employee health and safety are treated as fundamental obligations, embedded in processes, training and performance metrics.
• Ethical Employment Practices: Azelis is committed to safeguarding employee rights, fostering inclusion, and creating an environment where people feel valued and supported to develop their careers.

• Local entrepreneurship within a global platform - enabling faster decision-making and tailored customer solutions while leveraging scale for procurement, compliance and digital capabilities.
• Investment in technical services - application labs, formulation support and regulatory expertise that reduce customers' time-to-market and enhance product success rates.
• Digitalization & data-driven insights - tools for inventory optimization, traceability, customer analytics and e-commerce to improve transparency and responsiveness.
• Continuous training and talent development - programs focused on safety, sales excellence, technical knowledge and leadership to protect employees and enable growth.
• Ethics & compliance frameworks - supplier and employee standards, health & safety protocols, and governance structures aligned with legal and sustainability expectations.

• Innovation: Faster new-product cycles from local labs contribute to higher win-rates for principals launching formulations in target markets.
• Agility: Shortened lead times and improved on-shelf availability through regional inventory strategies and empowered commercial teams.
• Collaboration: Cross-border customer projects that combine regional insights with global technical resources, driving larger, more strategic engagements.
• Transparency & Results: Measurable KPIs (sales conversion, margin improvement, HSE incident reduction) tracked centrally and reviewed locally to ensure accountability.