Ontex : In the middle of restructuring, pricing to stay afloat
>We expect Q2 2023 revenues to be driven by pricing - Ontex is set to report its H1 2023 results on 28 July. We anticipate that Q2 will follow Q1 lower with regard to revenue growth trends. Q1 2023 Core Markets revenue growth (+15% lfl vs Q1 2022) was mainly driven by double digit price increases with low/no volume growth. We believe it will be hard for Ontex to reach higher pricing levels, as we do not expect to see significant additional price increases from the Ba...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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