Ontex : Cloudy revenues do not overshadow margin progression
>FY 2024 growth to be driven by NA, though it remains a small business - On top line, we expect Ontex to face two different trends in 2024, namely: 1) prices being lowered, following pressure from customers and 2) volumes increasing in Core Markets, especially in North America following contract gains, supported by the further development of their two plants. For 2024, Ontex expects low single-digit revenue growth for Core Markets, with low/no growth in Europe and str...Ontex Group NV is a Belgium-based company, which operates in the manufacturing sector of industry. The Company is a producer of disposable personal hygiene solutions for babies, women and adults. It offers a range of such products as baby diapers, baby pants, baby wet wipes, pads, pantyliners, tampons, light incontinence products, pull-ups, belt diapers, all-in-one tape systems, shaped pads and underpards. Its products are distributed through retail partner brands, as well as under its own brands (canbebe, canped, Helen Harper, Moltex, Baby Charm) across several distribution channels, such as retail trade, care institutions and pharmacies. The Company is present in Europe, Northern Africa, Australia and Asia.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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