Ontex Investor Update

Ontex Group NV’s Investor Update on 8th May 2019 saw Chief Executive Officer Charles Bouaziz, together with the senior management team, providing an update on Ontex’s strategy and next steps, leveraging its strong market positions, further growth opportunities and the Transform2Grow program to drive sustainable growth and create further value.
Charles Bouaziz, said: “Since its IPO in June 2014, Ontex has emerged as a leading international personal hygiene company, delivering consistently on its strategy to grow outside of Western Europe, increase branded business and expand its presence in Adult Incontinence. Faced with unprecedented headwinds and challenges in the last two years, Ontex has demonstrated the resilience of our business model. Yet, further action is required to take Ontex to the next level. Our comprehensive transformation plan, Transform2Grow (T2G), will step-change our operational efficiency and commercial practices. With T2G-enhanced commercial focus and competitiveness, we will accelerate execution of our two strategic priorities: Strengthen our current leadership positions and expand into new businesses and geographies within our core categories. Our objectives remain to outperform markets in which we operate and improve our profitability and cash generation. Together with committed teams, we will make Ontex a stronger and more profitable company, delivering growth and creating value for all stakeholders.”