Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Euronext Bruxelles  >  Ontex Group NV    ONTEX   BE0974276082

ONTEX GROUP NV

(ONTEX)
  Report
Real-time Quote. Real-time Euronext Bruxelles - 01/19 04:39:08 am
10.89 EUR   -0.27%
01/06ONTEX : Transparency Declaration Notification
PU
01/06ONTEX GROUP NV : Crossing thresholds
CO
2020ONTEX : Transparency Declaration Notification
PU
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector news

Ontex : announces leadership changes

07/30/2020 | 04:55am EST

PRESS RELEASE

Regulated information

Inside information

Ontex announces leadership changes

Charles Bouaziz stepping down as CEO and Thierry Navarre appointed as CEO ad interim

Aalst-Erembodegem (Belgium), July 30, 2020 - Ontex Group NV ("Ontex" or "the Company") discloses that Charles Bouaziz is stepping down from his role of Chief Executive Officer of Ontex, with effect from July 30, 2020. Thierry Navarre has been appointed Chief Executive Officer ad interim.

Thierry Navarre has been on Ontex's executive leadership team since 2009 when he was appointed Chief Operating Officer, and became Chief Transformation Officer in 2019. Previously, he was the Group Supply Chain Director and has worked within Ontex for almost 15 years.

The Board of Directors has commissioned an executive search firm to coordinate the process of identifying a permanent Chief Executive Officer among internal and external candidates.

The Board of Directors thanks Charles Bouaziz for his contribution over the past seven and a half years, during which the Company developed from a European-focused private label manufacturer to a publicly-listed global personal hygiene player with an extensive portfolio of Retail Brands and Own Brands.

Hans Van Bylen, Chairman of the Board, declared: "As a Board we believe that Ontex benefits from strong products and positions across our key categories and markets, with clear potential for further development. We will fully support Thierry Navarre and the Ontex management team to lead the successful execution of our ongoing transformation initiatives. Our firm ambition remains to further improve our performance and drive value for our shareholders."

Thierry Navarre, CEO, stated: "I feel honored to lead Ontex in these challenging times. I will focus on strengthening and improving our operations in order to make sure the Company keeps on moving ahead in the aftermath of the COVID-19 outbreak as we have done since the beginning of the crisis. I look forward to working with the entire Executive Leadership Team, the Board and all of our talented employees and partnering with all our customers to drive our operating profitability and return Ontex to a path of robust growth."

INVESTOR ENQUIRIES

PRESS ENQUIRIES

Philip Ludwig

Gaëlle Vilatte

+32 53 333 730

+32 53 333 708

investorrelations@ontexglobal.com

gaelle.vilatte@ontexglobal.com

1

Ontex is a leading international provider of personal hygiene solutions, with expertise in baby care, feminine care and adult care. Ontex's innovative products are distributed in more than 110 countries through Ontex brands such as BBTips, BioBaby, Pompom, Bigfral, Canbebe, Canped, ID and Serenity, as well as leading retailer brands.

Employing some 10,000 passionate people all over the world, Ontex has a presence in 21 countries, with its headquarters in Aalst, Belgium. Ontex is listed on Euronext Brussels and is part of the Bel Mid®. To keep up with the latest news, visit www.ontex.com or follow us on LinkedIn, Facebook, Instagram and YouTube.

2

Disclaimer

Ontex Group NV published this content on 30 July 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 July 2020 08:55:17 UTC


© Publicnow 2020
All news about ONTEX GROUP NV
01/06ONTEX : Transparency Declaration Notification
PU
01/06ONTEX GROUP NV : Crossing thresholds
CO
2020ONTEX : Transparency Declaration Notification
PU
2020ONTEX : announces the appointment of Esther Berrozpe as new CEO
PU
2020ONTEX : New CEO to Start in January 2021
MT
2020ONTEX GROUP NV : Nomination
CO
2020ONTEX : Sustainability Efforts Recognized by Carbon Disclosure Project (CDP)
PU
2020ONTEX : inaugurates one of the largest solar power projects for on-site electric..
PU
2020ONTEX : announces Q3 2020 results; Strategic review and cost reduction plans und..
PU
2020ONTEX GROUP NV : 3rd quarter earnings
CO
More news
Financials
Sales 2020 2 109 M 2 552 M 2 552 M
Net income 2020 78,3 M 94,7 M 94,7 M
Net Debt 2020 843 M 1 020 M 1 020 M
P/E ratio 2020 12,1x
Yield 2020 1,40%
Capitalization 883 M 1 066 M 1 068 M
EV / Sales 2020 0,82x
EV / Sales 2021 0,78x
Nbr of Employees 9 610
Free-Float 74,9%
Chart ONTEX GROUP NV
Duration : Period :
Ontex Group NV Technical Analysis Chart | ONTEX | BE0974276082 | MarketScreener
Technical analysis trends ONTEX GROUP NV
Short TermMid-TermLong Term
TrendsBullishNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 12
Average target price 13,78 €
Last Close Price 10,92 €
Spread / Highest target 71,3%
Spread / Average Target 26,2%
Spread / Lowest Target -13,0%
EPS Revisions
Managers and Directors
NameTitle
Esther Galindo Chief Executive Officer
Hans van Bylen Chairman
Axel Loebel Executive Vice President-Operations
Charles André Pierre Desmartis CFO, Executive Vice-President Finance, Legal & IT
Annick de Poorter Director-Quality, Research & Development
Sector and Competitors
1st jan.Capitalization (M$)
ONTEX GROUP NV-0.73%1 066
KIMBERLY-CLARK CORPORATION-2.63%44 657
UNICHARM CORPORATION2.21%28 841
ESSITY AB0.30%22 324
HENGAN INTERNATIONAL GROUP COMPANY LIMITED0.55%8 538
VINDA INTERNATIONAL HOLDINGS LIMITED15.84%3 790