Ontex announces details for Q1 2022 results publication and publishes restated 2021 financial data

AALST-EREMBODEGEM, Belgium--(BUSINESS WIRE)--

Regulatory News:

Ontex Group NV (BSE:ONTEX), a leading international provider of personal hygiene solutions, will release its Q1 2021 results at 07:00 CET / 06:00 GMT on Thursday, May 12, 2022. Management will host a webcast for investors and analysts on the same day at 14:00 CET / 13:00 GMT. Click on the link below to attend the presentation from your laptop, tablet or mobile device.

https://channel.royalcast.com/ontexgroup/#!/ontexgroup/20220512_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 will align 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 of continuing and discontinued operations for the quarters of 2021 are presented below.

2021 (restated)		Q1		Q2		Q3		Q4		FY
Core Markets (continuing operations)
Revenue		339.9		347.0		350.9		370.9		1,408.7
Adj. EBITDA		41.2		43.5		40.9		30.7		156.3
Adj. EBITDA margin		12.1%		12.5%		11.7%		8.3%		11.1%
Emerging Markets (discontinued operations)
Revenue		139.8		153.9		161.4		162.6		617.7
Adj. EBITDA		8.4		7.9		(0.9)		0.5		15.9
Adj. EBITDA margin		6.0%		5.1%		(0.5)%		0.3%		2.6%
Group (total – unchanged)
Revenue		479.7		500.9		512.3		533.5		2,026.4
Adj. EBITDA		49.6		51.4		40.0		31.2		172.2
Adj. EBITDA margin		10.3%		10.3%		7.8%		5.9%		8.5%

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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220407005925/en/

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