Report
Eric Wilmer

Ontex : Preview Investor Update 15 December

>No major insights anticipated - As indicated in June during the company’s strategic update, Ontex will provide an investor update later this week (15 December). We expect the company to look back at what is has delivered this year since the “Returning to Value Creation” update (21 June). In our view, the successes will likely include 1) debt capitals markets refinancing (€ 580m in June), 2) an update on the ongoing cost reduction programs (targeted € 60m for FY21 as ...
Underlying
Ontex Group N.V.

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.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Eric Wilmer

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