Ontex Group NV

Last price update: 27 Feb 24 18:35 GMT

Price:
EUR7.61
Open:
EUR7.70
Previous close:
EUR7.72
Day's range:
EUR7.58 - EUR7.71
Year's range:
EUR6.27 - EUR8.20
Net Income per Share:
0.32
Price-to-Earnings ratio:
23.77
52-week Price Range:
EUR7.47
Volume:
EUR164,621.00
Average volume:
EUR99,535.00

Company profile for Ontex Group NV

Ontex Group NV logo

Ontex Group NV is a leading global provider of personal hygiene solutions for baby, feminine, and adult care markets. Founded in 1979, the company is headquartered in Aalst, Belgium and operates in over 100 countries around the world. Over the last 40 years, Ontex has grown to become a trusted provider of innovative personal hygiene products including baby diapers and pants, wet wipes, sanitary towels, panty liners, tampons, adult pants and diapers, incontinence towels and bed protection products, and face masks. Its products are sold to consumers, retailers, and institutional and private healthcare providers, and under retailer brands, under a variety of brand names including Baby Pants, Bbtips, Bio Baby, Chicolastics, Canbebe, Cremer Disney, Helen Harper, Kiddies, Little Big Change, Moltex, Pom Pom, Sapeka, Mônica, Fiore, Mia, NAT, Sincere, Silhouette, A Lovely Day, Adultmax Maturidade, Affective, Bigfral, iD, Canped, Affective, Lille Healthcare, Kylie, Serenity, Orizon, and Moviment.

Ontex’s offering covers an extensive range of personal hygiene products, from baby wipes and diapers to adult incontinence products, from feminine care products to face masks. In 2020, Ontex become one of the leading manufacturers of face masks across the world, as demand spiked during the pandemic. Ontex Group also produces and sells its own brand of cloth face masks under the “My Mask” label, which has been designed to meet the World Health Organisation’s guidelines.

In recent years, Ontex has sought to continuously expand its operations internationally, with a focus on Western Europe, Eastern Europe, the Americas, Mexico, and the United Kingdom. The company has invested in the expansion of its manufacturing plants, building new facilities to ensure that it can meet the demands of a growing population. In 2019, the company acquired the Italian absorbent hygiene products manufacturer Iris Ceramica Group, and the acquisition marked Ontex’s first step into the Italian market. In 2020, Ontex made a strategic investment in the US-based hygiene products manufacturer Bodywise, further strengthening its presence in the Americas.

Ontex’s success is also evidenced by its impressive financial results. In 2020, the company reported a record high turnover of 5.07 billion Euros, with an increase of 17.2% compared to the year before. Ontex Group also saw a net income of 217 million Euros in 2020, with a 56.5% improvement compared to 2019. Looking to the future, Ontex intends to capitalise on its existing strengths and grow in both existing and new markets by continuing to invest in innovation and expanding its product offerings.

Stock exchanges:
EURONEXT
Sector:
Consumer Defensive
Industries:
Household & Personal Products
Ticker:
ONTEX.BR
ISIN:
BE0974276082
Website:
https://ontex.com
Phone:
32 5 333 36 00
Origin:
Belgium
Employees:
9,049