Ontex Group N.v. · EURONEXT:ONTEX

Ontex — Ontex Group Nv Ord — Q1 2024 Earnings Presentation

14 slides from Ontex's earnings presentation, May 3, 2024

  1. Slide 1: Q1 2024 results

    Q1 2024 results May 3, 2024

  2. Slide 2: Disclaimer

    Disclaimer > Forward-looking statements > Accounting changes • This presentation may include forward-looking statements. Forward- • Continuing operations looking statements are statements regarding or based upon our encompass the Group’s Core management’s current intentions, beliefs or expectations

  3. Slide 3: Business review

    Business review Re ere foryou

  4. Slide 4: Strong Q1 results

    Strong Q1 results Core Markets Total Group Revenue Adj. EBITDA Leverage LFL growth margin ratio +4% 11.5% 2.8X 4

  5. Slide 5: Further progress made on value drivers in Q1

    Further progress made on value drivers in Q1 > Competitive & Sustainable Innovation  Roll-out of new products  Sustainability & IP recognition > Business Expansion > Best-in-class Operations  Expansion of customer base  Further implementation in North America of cost transformation program  4%

  6. Slide 6: Financial review

    Financial review Ontex

  7. Slide 7: Volume/mix drives revenue up 4% LFL

    Volume/mix drives revenue up 4% LFL Q1 Core revenue (in €M) +5% -1% 462 -1% 460 > 5% volume/mix growth 446 driven by double digit Price Volume Forex Adult care Baby care growth in selected /mix +10% LFL +0% LFL categories • North America • Baby pants Q1 24 • Adult care Revenue €460M > Prices slightl

  8. Slide 8: Cost transformation program drives adj. EBITDA up by 30%

    Cost transformation program drives adj. EBITDA up by 30% Q1 Core adj. EBITDA (in €M) +7 -5 +18 -4 -6 > Positive volume/mix impact Operating +1 53 Price Raw material cost inflation > Cost transformation program inflation SG&A Forex continues to deliver, leading to 5% 41 +1 reduction of operational co

  9. Slide 9: Adj. EBITDA continues to improve QOQ

    Adj. EBITDA continues to improve QOQ Adj. EBITDA (in €M) 11.5% 10.4% 9.7% 9.5% > Margin up by +1.1pp QoQ 9.1% 53 47 43 44 41 > Margin up by +2.4pp YoY > 7th consecutive QOQ improvement of adj. EBITDA Q1 Q2 Q3 Q4 Q1 23 23 23 23 24 Adj. EBITDA Adj. EBITDA margin 9

  10. Slide 10: Adj. EBITDA growth drives leverage below 3.0x

    Adj. EBITDA growth drives leverage below 3.0x Net financial debt, adj. EBITDA & leverage (in €M) 229 205 > Net debt slightly lower 182 • Total Group EBITDA of €65M, 167 including consistent contribution from 5.3x 880 146 Emerging Markets 4.5x • Working capital slightly up with 652 665 646 growing bu

  11. Slide 11: Outlook

    Outlook Re ere foryou

  12. Slide 12: Solid Q1 results confirm 2024 outlook

    Solid Q1 results confirm 2024 outlook Core Markets Total Group Revenue Adj. EBITDA Free Leverage LFL growth margin Cash Flow ratio Low single digit 11-12% > €9M < 2.8X > On strong double- > Supported by cost > While investing > With comfortable digit growth in transformation >6% of revenue headroom

  13. Slide 13: Ontex

    Ontex <x se) S)

  14. Slide 14: Ontex - Here for you.

    Ontex— Here for you.

Ontex Group Nv Ord — Q1 2024 Earnings Presentation on 6ix