Ontex : Preview: Weak 4Q20 EBITDA margin foreseen despite raw mat, T2G
>FY20 results on 24 February: 4Q20 Adj. EBITDA margin at 10.1% - Ontex is set to report its FY20 results on 24 February. For FY20, we are roughly in line with company compiled consensus (ABN-ODDOe <1% lower on FY20 sales and <1% higher on FY20 Adj. EBITDA). Consensus’ anticipated 4Q20 Adj. EBITDA margin of 10.1% reflects the lowest margin over the past eight quarters (except for 1Q19), despite (materially) more favourable raw material pricing as well as the company’s ...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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