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An update from Ontex Group N.V. ( (GB:0QVQ) ) is now available.
Ontex Group N.V. reported strong financial results for 2024, with significant revenue growth and margin expansion. The company completed key strategic milestones, including a transformation of its European and North American operations, and plans to focus on retailer and healthcare brands by 2025. The results showcased a 3.7% revenue growth and a 28% increase in adjusted EBITDA, driven by innovation and operational efficiencies. As Ontex continues its strategic transformation, the outlook for 2025 is positive, with expected revenue growth of 3% to 5% and EBITDA growth of 4% to 7%.
More about Ontex Group N.V.
Ontex Group N.V. operates in the personal hygiene industry, focusing on products like adult care items and baby care, with a market presence primarily in Europe and North America. The company has positioned itself to serve the increasing needs of an aging population.
YTD Price Performance: -0.61%
Average Trading Volume: 20,537
Technical Sentiment Consensus Rating: Hold
Current Market Cap: €669.9M
See more insights into 0QVQ stock on TipRanks’ Stock Analysis page.
