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Ontex Group NV (ONTEX.BR)

ONTEX.BR on Brussels Stock Exchange

20.46EUR
19 Jun 2018
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Latest Key Developments (Source: Significant Developments)

Ontex Group Announces Transfer And Consolidation Of Production In Brazil
Tuesday, 22 May 2018 02:00am EDT 

May 22 (Reuters) - ONTEX GROUP NV ::ANNOUNCES TRANSFER AND CONSOLIDATION OF PRODUCTION IN BRAZIL TO ITS SENADOR CANEDO UNIT.THIS IS EXPECTED TO RESULT IN ANNUALIZED RECURRING EBIT SAVINGS OF EUR 7 MILLION..CHANGE WILL OCCUR THROUGH Q3 OF 2018.TRANSFER TO RESULT IN NON-RECURRING PRE-TAX CHARGE IN 2018 OF UP TO EUR 30 MILLION.ABOUT EUR 10 MILLION OF THE NON-RECURRING PRE-TAX CHARGE WILL BE CASH COST.  Full Article

Ontex FY Revenue Up At 2.36 Billion Euros
Tuesday, 6 Mar 2018 01:00am EST 

March 6 (Reuters) - ONTEX GROUP NV ::ONTEX FY 2017 RESULTS.FY REVENUE OF EUR 2.36 BILLION, UP 18.2% ON A REPORTED BASIS​.FY ADJUSTED EBITDA OF EUR 266.4 MILLION WAS 7.1% HIGHER YOY,.AIMS TO ACHIEVE SUSTAINABLE IMPROVEMENTS IN OUR BRAZIL BUSINESS IN 2018.‍ONTEX BRAZIL FY ADJUSTED EBITDA MARGIN OF 3.8%, HIGHLY IMPACTED BY EXCEPTIONAL EUR 15 MILLION CHARGE IN DEC 2017.ON TOP LINE, WE EXPECT A LOW SINGLE-DIGIT LFL REVENUE GROWTH IN BROADLY FLAT HYGIENE MARKETS.FOR 2018 AIMS TO ACHIEVE SUSTAINABLE IMPROVEMENTS IN OUR BRAZIL BUSINESS.FY PROFIT FOR THE PERIOD EUR 128.4 MILLION VERSUS EUR 119.7 MILLION YEAR AGO.WE ANTICIPATE A SEQUENTIAL IMPROVEMENT IN ADJUSTED EBITDA MARGINS IN H2.‍PROPOSES TO PAY AGROSS DIVIDEND OF EUR 0.60 PER SHARE FOR FY, AN INCREASE OF EUR 0.05 PER SHARE​.IN CHALLENGING MARKETS, WE EXPECT A BETTER BALANCE BETWEEN TOP LINE AND PROFITABILITY IN 2018.‍ON TOP LINE, WE EXPECT LOW SINGLE-DIGIT LFL REVENUE GROWTH IN BROADLY FLAT HYGIENE MARKETS IN 2018​.OUR LONG-TERM OBJECTIVES REMAIN FULLY INTACT..‍AFTER LOWER H1, WE ANTICIPATE A SEQUENTIAL IMPROVEMENT IN ADJUSTED EBITDA MARGINS IN H2.  Full Article

Ontex Group Q3 adjusted EBITDA up at 68.2 million euros ​
Wednesday, 8 Nov 2017 01:00am EST 

Nov 8 (Reuters) - ONTEX GROUP NV ::‍EXPECT TO CONTINUE TOP-LINE OUTPERFORMANCE IN OUR MARKETS IN Q4​.‍ADULT INCO WILL CONFIRM AN ANNUAL RUN RATE OF EUR 2.4 BILLION REVENUE​.‍ANTICIPATE PRESSURE IN BRAZIL WILL CONTINUE​.BRAZIL TOGETHER WITH FX AND COMMODITIES HEADWINDS, WILL PUT OUR Q4 MARGINS SLIGHTLY BELOW Q3.​.ACTIONS TAKEN TO INCREASE GROUP-WIDE CAPACITY OF MARGIN-ACCRETIVE PRODUCTS AND TO IMPLEMENT INTEGRATION PLAN IN BRAZIL, EXPECTED TO START SHOWING BENEFITS DURING H2 2018​.‍Q3 2017 REPORTED REVENUE INCREASED 16.1%​.‍ONTEX Q3 2017 ADJUSTED EBITDA MARGINS LOWER, IMPACTED BY RAW MATERIALS, BRAZIL AND FX​.‍Q3 2017 REVENUE WAS EUR 592.4 MILLION​.‍ Q3 2017 ADJUSTED EBITDA INCREASED BY 7.9% YOY TO EUR 68.2 MILLION​.‍Q3 2017 ADJUSTED EBITDA MARGIN OF 11.5%​.‍ Q3 2017 NET FOREIGN EXCHANGE (FX) IMPACTS OF -EUR 6.0 MILLION ON REVENUE AND -EUR 2.2 MILLION ON ADJUSTED EBITDA​.‍NET DEBT WAS EUR 751.1 MILLION AS OF SEPTEMBER 30, 2017​.‍REFINANCING OF GROUP'S DEBT EXPECTED TO BE FINALIZED BEFORE END OF 2017​.‍GROUP'S DEBT ANTICIPATED TO REDUCE NET FINANCE EXPENSES BY MORE THAN EUR 7 MILLION PER YEAR FROM 2018 ON A PRE-TAX BASIS​.‍FOREIGN EXCHANGE HEADWINDS AND A TEMPORARY ADVERSE RESULT IN OUR NEW BRAZIL BUSINESS HAVE LED TO LOWER MARGINS - CEO​.  Full Article

Ontex announces redemption of outstanding senior secured notes due 2021
Friday, 3 Nov 2017 03:00am EDT 

Nov 3 (Reuters) - ONTEX GROUP NV ::ONTEX ANNOUNCES REDEMPTION OF €250M 4.75% SENIOR SECURED NOTES DUE 2021.‍ANNOUNCES REDEMPTION OF SENIOR SECURED NOTES ON NOV 15.  Full Article

Ontex Group H1 adjusted net profit of EUR 71.5 million, up 8.8% yoy
Thursday, 27 Jul 2017 01:00am EDT 

July 27 (Reuters) - ONTEX GROUP NV : :‍H1 REPORTED REVENUE UP 22%: LFL REVENUE GROWTH IN ALL 5 DIVISIONS AND 3 CATEGORIES​.H1 ‍ADJUSTED EBITDA INCREASED BY 17.4% YOY TO EUR 144.7 MILLION​.H1 ADJUSTED NET PROFIT OF EUR 71.5 MILLION WAS UP 8.8% YOY.H1 REVENUE WAS EUR 1.17 BILLION, UP 22.0% ON A REPORTED BASIS.NET DEBT WAS EUR 743.9 MILLION AS OF JUNE 30, 2017.RECENT ACQUISITION OF ONTEX BRAZIL IS ANTICIPATED TO PERFORM IN LINE WITH OUR EXPECTATIONS FOR 2017​.WE EXPECT TO GROW REVENUE AHEAD OF OUR MARKETS FOR FULL YEAR 2017.WE EXPECT THAT PRICES FOR OUR MAIN COMMODITY RAW MATERIALS WILL CONTINUE TO BE A HEADWIND FOR REST OF 2017 COMPARED TO PREVIOUS YEAR.  Full Article

Ontex Group Q1 adjusted EBITDA at 70.0 million euros
Wednesday, 10 May 2017 01:11am EDT 

May 10 (Reuters) - Ontex Group Nv : :Q1 ADJUSTED EBITDA EUR 70.0 MILLION VERSUS EUR 68.6 MILLION IN REUTERS POLL.Q1 REVENUE EUR 556.9 MILLION VERSUS EUR 547 MILLION IN REUTERS POLL.WE HAVE MADE A POSITIVE START TO 2017, WHICH ALLOWS US TO MAINTAIN OUR EXPECTATION TO GROW REVENUE AHEAD OF OUR MARKETS IN ALL DIVISIONS FOR FULL YEAR.CONTRIBUTION FROM ONTEX BRAZIL ACQUISITION WILL ALSO DRIVE GROUP REPORTED REVENUE GROWTH IN 2017.WE REMAIN COMMITTED TO MODEST MARGIN EXPANSION OVER TIME..  Full Article

Ontex announces to launch a capital increase through an accelerated bookbuilt process
Wednesday, 22 Mar 2017 12:52pm EDT 

Ontex Group NV : Ontex announces to launch a capital increase through an accelerated bookbuilt process . Number of new shares to be placed will be determined by bookbuilding process but will not exceed 7,486,110 . New shares will be placed with institutional investors only, without preferential subscription right for shareholders . Proceeds of ABB placement will be used to refinance business, following acquisition of personal hygiene business of hypermarcas . Issue price per share and number of shares effectively placed will be announced after completion of placement .Placement expected before opening of trading on Euronext Brussels on March 23, 2017.  Full Article

Ontex FY revenue 1.99 billion euros, in line with Reuters poll
Wednesday, 8 Mar 2017 01:10am EST 

Ontex Group NV : FY revenue 1.99 billion euros ($2.10 billion)versus 1.99 billion euros in Reuters poll . FY adjusted profit for the period 131.7 million euros versus 126 million euros in Reuters poll . FY adjusted EBITDA 248.7 million euros versus 248 million euros in Reuters poll . FY adjusted EPS 1.77 euros versus 1.68 euros in Reuters poll . Anticipated to grow revenue ahead of its markets in all divisions in 2017, supported by commercial investments behind brand portfolio and retail partners’ brands . We expect external environment to remain challenging in 2017, including volatile FX and some pressures on raw material costs .Proposes to pay a gross dividend of 0.55 euro per share.  Full Article

Ontex agrees to buy personal hygiene business of Hypermarcas
Thursday, 22 Dec 2016 07:51pm EST 

Ontex Group Nv : Ontex announces agreement to acquire the personal hygiene business of Hypermarcas . To acquire personal hygiene business of Hypermarcas S.A. for an enterprise value of R$1 billion (euro 286 million) . Contribution from HM personal hygiene expected to result in double digit EPS accretion in first year of ownership . Ontex Group NV - Contribution from HM personal hygiene expected to result in return on capital employed exceeding Ontex's cost of capital in first year of ownership . After cost synergies anticipate modest growth in adjusted EBITDA margins for enlarged Ontex Group in 2017 .Completion of transaction currently expected to take place in Q1 of 2017.  Full Article

Ontex confirms talks over possible acquisition of Hypermarcas in Brazil
Thursday, 22 Dec 2016 02:54am EST 

Ontex Group NV : Ontex confirms discussions regarding possible acquisition of the personal hygiene business of Hypermarcas, in Brazil . These discussions with the Brazilian company are at an advanced stage, and neither party is legally bound to proceed with transaction .There can be no assurance that a transaction will ultimately materialize.  Full Article

BRIEF-Ontex Group Announces Transfer And Consolidation Of Production In Brazil

* ANNOUNCES TRANSFER AND CONSOLIDATION OF PRODUCTION IN BRAZIL TO ITS SENADOR CANEDO UNIT