Ontex Announces Details for its Q2 and H1 2022 Results Publication and Publishes Additional Restated 2021 Income Statement Data

AALST-EREMBODEGEM, Belgium--(BUSINESS WIRE)-- Regulatory News:

Ontex Group NV (BSE:ONTEX), a leading international provider of personal hygiene solutions, will release its Q2 and H1 2022 results at 07:00 CET / 06:00 GMT on Friday, July 29, 2022. Management will host a webcast for investors and analysts on the same day at 11:00 CET / 10:00 GMT. Click on the link below to attend the presentation from your laptop, tablet or mobile device.

https://channel.royalcast.com/landingpage/ontexgroup/20220729_1

A replay of the webcast will be available at the same link shortly after the conclusion of the live presentation, and remain available on the same link for one year.

Following its strategic review announced end of 2021, Ontex has aligned its 2022 reporting structure and has restated 2021 financial data accordingly. “Core Markets” encompass Europe, North America and some smaller partner and healthcare brand businesses elsewhere. These businesses form the core of Ontex’s activities and will be reported as continuing operations. “Emerging Markets” are primarily driven by own brands and essentially groups the Central and South American activities, as well as those in the Middle East and Africa. Ontex has announced it will pursue divestment opportunities for these and will thereby report these as assets held for sale and discontinued operations.

Unaudited restated revenue and adjusted EBITDA figures for the quarters of 2021 were disclosed earlier in the year. Additional P&L elements for the half years are presented below.

2021 Condensed P&L	Restated			As published
in € million	H1	H2	FY	H1	H2	FY
Revenue	686.9	721.8	1,408.7	980.6	1,045.8	2,026.4
Cost of sales	(479.7)	(529.6)	(1,009.3)	(711.5)	(798.9)	(1,510.4)
Gross Profit	207.2	192.2	399.4	269.1	247.0	516.0
Operating expenses	(122.6)	(120.6)	(243.2)	(168.1)	(175.7)	(343.8)
Adjusted EBITDA	84.6	71.6	156.3	101.0	71.3	172.2
Adjusted EBITDA margin	12.3%	9.9%	11.1%	10.3%	6.8%	8.5%
Non-recurring income & expenses	(20.1)	(39.6)	(59.7)	(23.1)	(61.6)	(84.7)
Depreciations & Amortization	(33.0)	(32.7)	(65.7)	(43.9)	(43.8)	(87.7)
Operating profit (loss)	31.5	(0.6)	30.9	33.9	(34.2)	(0.2)
Net finance cost	(21.6)	(20.0)	(41.5)	(23.7)	(19.0)	(42.7)
Income tax expense	2.8	(8.4)	(5.6)	(3.1)	(16.0)	(19.0)
Profit (loss) from continuing operations	12.8	(29.0)	(16.2)	7.2	(69.1)	(61.9)
Adjusted profit (loss) from continuing operations	27.1	(0.2)	26.9	24.2	(19.0)	5.3
Profit (loss) from discontinued operations	(5.6)	(40.1)	(45.7)	-	-	-
Profit (loss) for the period	7.2	(69.1)	(61.9)	7.2	(69.1)	(61.9)
Basic EPS from continuing operations (in €)	0.16	(0.36)	(0.20)	0.09	(0.85)	(0.76)
Adjusted basic EPS from continuing operations (in €)	0.34	-	0.33	0.30	(0.23)	0.07
Basic EPS (in €)	0.09	(0.85)	(0.76)	0.09	(0.85)	(0.76)

About Ontex

Ontex is a leading international provider of personal hygiene solutions, with expertise in baby care, feminine care and adult care. Ontex’s innovative products are distributed in more than 110 countries through leading retailer brands, lifestyle brands and Ontex brands. Employing some 9,000 people all over the world, Ontex has a presence in 21 countries, with its headquarters in Aalst, Belgium. Ontex is listed on Euronext Brussels and is part of the Bel Mid®. To keep up with the latest news, visit ontex.com or follow Ontex on LinkedIn, Facebook, Instagram and YouTube.

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Enquiries

Investors

Geoffroy Raskin

+32 53 33 37 30

investor.relations@ontexglobal.com

Media

Caroline De Wolf

+32 478 93 43 93

corporate.communications@ontexglobal.com

Source: Ontex