Ontex Group NV (ONTEX.BR)
21 Nov 2017
Wed, Nov 8 2017
* EXPECT TO CONTINUE TOP-LINE OUTPERFORMANCE IN OUR MARKETS IN Q4
* ONTEX ANNOUNCES REDEMPTION OF €250M 4.75% SENIOR SECURED NOTES DUE 2021
* ONTEX ANNOUNCES INVESTMENT FOR NEW PRODUCTION SITE IN POLAND
* HAS ENTERED INTO A NEW CREDIT FACILITIES AGREEMENT WITH ITS BANKS FOR AN AMOUNT OF EUR 900 MILLION IN TOTAL.
July 27 Belgian diaper maker Ontex posted a 12.8 percent increase in second-quarter profit on Thursday, but its shares fell after it missed analysts' expectations due to weaker-than-expected demand and rising raw material costs.
July 27 Belgian diaper maker Ontex on Thursday posted a 12.8 percent increase in second-quarter profit, narrowly missing market expectations as market growth for core segments was lower than anticipated and raw materials continue to weigh.
* H1 REPORTED REVENUE UP 22%: LFL REVENUE GROWTH IN ALL 5 DIVISIONS AND 3 CATEGORIES