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Publicis Groupe reported strong FY 2021 results with a revenue of €11,738 million, marking an 8.8% increase from 2020. Organic growth reached 10%, surpassing 2019 levels. The company achieved an operating margin of 17.5% and free cash flow of €1.4 billion. A proposed dividend of €2.40 reflects a payout ratio of 47.8%. Key growth drivers included Epsilon and Publicis Sapient, contributing significantly to performance. For 2022, the guidance projects 4-5% organic growth and stable margins. Publicis also emphasizes its commitment to ESG, achieving top ratings from leading agencies.
Semtech Corporation and Ontex have partnered to launch the Orizon smart diaper tag, leveraging LoRaWAN® connectivity for real-time saturation alerts to caregivers. This innovative solution comprises a printed sensor, a transmitter, and a mobile app, targeting improved patient care in hospitals and elder care facilities. The smart hospital market is projected to reach $84 billion by 2026, highlighting the growing demand for efficient healthcare solutions. This collaboration exemplifies the potential of IoT technology in enhancing patient experiences.
Ontex Group NV (OTC-PINK:ONXYY) announced a strategic shift focusing on partner brands and healthcare in Europe and North America. The company aims for a gross savings of €75 million in 2021 and €80 million in 2022, targeting 2-3% like-for-like revenue growth and a 12.5%-13.5% adjusted EBITDA margin by 2023. Despite facing supply disruptions impacting its 2021 outlook, Ontex anticipates net debt below 3x adjusted EBITDA by 2023, emphasizing improved profitability and operational efficiency.
Ontex Group NV has unveiled its innovative Climaflex® diaper technology, designed to enhance comfort and absorption for active babies. This next-generation product features a dual-layer core for improved liquid retention, breathability, and skin protection. Launching under the Little Big Change brand across six European countries, Climaflex claims to match the absorption capabilities of leading A-brands, addressing key consumer demands. With over 90 patents protecting this technology in 38 countries, Ontex aims to expand its market presence while catering to local preferences.
Ontex Group NV reported its Q3 2021 results, achieving revenue of €512 million, stable on a like-for-like (LFL) basis compared to the prior year and a 2% sequential increase. Cost inflation and supply chain disruptions significantly impacted adjusted EBITDA, which fell to €40 million, down 29.9% year-on-year, leading to an adjusted EBITDA margin of 7.8%. Net debt slightly decreased to €837 million. Strategic priorities emphasize cost reduction, category focus, and sustainability efforts, with a revised FY 2021 outlook forecasting a LFL revenue decline of approximately 1% and an adjusted EBITDA margin around 9%.
Ontex Group NV (OTC-PINK:ONXYY) will release its Q3 2021 trading update on October 28, 2021, at 7:00 am CET. A webcast presentation for investors and analysts is scheduled for the same day at 10:00 am CET. Ontex specializes in personal hygiene solutions, operating in over 110 countries with brands including BBTips and BioBaby. The company employs around 10,000 people globally and is headquartered in Aalst, Belgium.
Publicis Groupe reported a strong Q3 2021 with an organic growth of 11.2%, exceeding Q3 2019 levels by 5%. The U.S. achieved 10.9% growth, Europe 10.0%, and Asia 12.5%. Key highlights include net revenue of €2,621 million, an increase of 11.9% year-over-year, and upgrades to full-year guidance for organic growth to 8.5%-9%. Free cash flow is expected at the high end of previous objectives, close to €1.3 billion. Successful account wins and strong digital capabilities reaffirm the company’s market position.
Ontex Group NV (OTC-PINK: ONXYY) announced that COFECE, Mexico's antitrust authority, concluded an investigation into legacy practices in the personal hygiene industry, which occurred from February 2008 to June 2014, prior to Ontex's acquisition of Grupo PI Mabe in 2016. Ontex cooperated fully during the investigation. Notably, the decision will have no net financial impact on Ontex, as outlined in previous annual reports. The company reaffirms its commitment to legal compliance and ethical business standards.
Ontex Group NV has finalized a settlement with Hypera S.A. for 500 million Brazilian Reais (€81 million), following earlier agreement on September 15, 2021. This settlement resolves claims from the acquisition of Hypera's Brazilian personal hygiene business in March 2017, valued at 1 billion Brazilian Reais. After deducting arbitration costs of approximately €7 million, Ontex plans to utilize the remaining funds to reduce debt and leverage. The cash flow aligns with Ontex's strategy to enhance financial stability.
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