Ontex : Preview 1Q21 trading update
>Preview 1Q21 trading update due 28 April: low-point - Ontex is set to report its 1Q21 trading update next Wednesday (28 April). In a quarter characterised by 1) strong competition from and within the online channel (A-brands), 2) net contract losses, 3) a tough comparable base, and 4) continued weak fx, we foresee 1Q21 group sales of -11.4% LFL. Split per division, this translates into 1Q21 LFL sales growth of -24%/-5%/-1% for the company’s Europe/AMEAA/Healthcare di...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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