Ontex Group N.v. · EURONEXT:ONTEX
Ontex — Ontex Group Nv Ord — Q3 2024 Earnings Presentation
12 slides from Ontex's earnings presentation, Oct 24, 2024
Slide 1: Q3 2024 results
Q3 2024 results October 24, 2024
Slide 2: Disclaimer
Disclaimer > Forward-looking statements > Accounting changes This presentation may include forward-looking statements. Forward- Continuing operations encompass looking statements are statements regarding or based upon our the Group’s Core Markets. As from management’s current intentions, beliefs
Slide 3: Volume growth and cost transformation program delivery in Q3 continue to drive profit up and leverage down
Volume growth and cost transformation program delivery in Q3 continue to drive profit up and leverage down Q3 Core Markets Q3 Total Group Revenue Adj. EBITDA Leverage growth margin ratio +2% 12.0% 2.4X LFL YOY +2.4pp YOY vs 3.3x in Dec ‘23 3
Slide 4: Important milestones reached on value creation path in Q3
Important milestones reached on value creation path in Q3 Competitive & Sustainable Innovation Business Best-in-class Expansion Operations Portfolio 4
Slide 5: Important milestones reached on value creation path in Q3
Important milestones reached on value creation path in Q3 Baby care Fem care pants tampons Competitive Business Expansion & Sustainable Innovation Baby care Adult care Portfolio diapers pads Binding agreement reached to sell Brazilian activities 5
Slide 6: Important milestones reached on value creation path in Q3
Important milestones reached on value creation path in Q3 Competitive & Sustainable Innovation Launch of Dreamshield® 360° baby pants EcoVadis Gold rating in ESG transparency Business Expansion Best-in-class Operations Strong growth in adult care, Successful conclusion of social selected foc
Slide 7: Revenue up 1.7% LFL with volume growth of 4.4% more than offsetting lower prices
Revenue up 1.7% LFL with volume growth of 4.4% more than offsetting lower prices Q3 Core revenue (in €M) > Double digit volume growth in (in €M) adult care, supported by contract +4.4% -2.6% 468 Other gains and societal trends 457 465 +0.7% Adult care Baby care > Baby care volumes up Volume Sales Fo
Slide 8: Volumes and cost transformation drive adj. EBITDA up by 29%, more than offsetting net inflation
Volumes and cost transformation drive adj. EBITDA up by 29%, more than offsetting net inflation Q3 Core adj. EBITDA +16 -10 > Solid impact from volume growth and mix (in €M) +14 -12 improvement -2 -2 56 > Cost transformation program continues to +8 Operating SG&A deliver, with 4% reduction in operat
Slide 9: Balance sheet further strengthened
Balance sheet further strengthened Adj. EBITDA (LTM, Total Group, in €M) Net financial debt (in €M) 236 241 Leverage ratio 229 205 > LTM EBITDA grew further with solid YOY 182 growth in Q3 167 5.3x 146 880 4.5x 665 > Net financial debt further improved thanks 652 646 588 579 to operating cash flow g
Slide 10: 2024 outlook confirmed for margin, FCF & leverage
2024 outlook confirmed for margin, FCF & leverage Revenue growth reviewed Core Markets Total Group Revenue Adj. EBITDA Free Leverage LFL growth margin Cash Flow ratio +2-3% 12% >€20M <2.5X 10
Slide 11: Ontex
Ontex (Moree <x se) S)
Slide 12: Ontex—Here for you.
Ontex— Here for you.