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Ontex Group (ONTEX) investor relations material
Ontex Group Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q3 adjusted EBITDA fell 49% YoY amid sharp input-cost inflation and slower pricing pass-through; adjusted EBITDA margin declined to 6.1%.
FY 2026 adjusted EBITDA outlook was cut to €143–148M; Q4 recovery is expected as pricing, savings and seasonal volumes build, partly offset by Russia deconsolidation.
Transformation priorities include structural productivity, North America profitability, faster European adult-care growth and targeted protection of European baby- and feminine-care positions.
Focus to Value savings reached €45M in 9M against a €240M target by end-2028; 2027 priorities include cash generation and accelerated savings.
Financial highlights
Q3 revenue was €427.9M, down 3.9% YoY reported and 4% LFL; 9M revenue was €1,282.7M, down 3.2%.
Q3 adjusted EBITDA was €25.9M versus €50.6M; 9M adjusted EBITDA was €104.1M versus €136.8M, down 24%.
Q3 adjusted EBITDA margin was 6.1%, down 5.3pp YoY; 9M margin was 8.1%, down 2.2pp.
Q3 volume effects reduced revenue by €7M and net cost effects reduced adjusted EBITDA by €18M; Focus to Value savings contributed €16M in Q3.
Q3 operating profit was €0.4M versus €29.3M; 9M operating loss was €117.2M versus €72.1M profit.
Outlook and guidance
FY 2026 adjusted EBITDA guidance was reduced from €165–180M to €143–148M; 2025 adjusted EBITDA was €176M.
Q4 adjusted EBITDA is expected at €39–44M, supported by pricing, slightly lower raw-material costs, savings and seasonal volume/mix gains; Russia deconsolidation is a partial offset.
FY free cash flow outlook improved to €(10)–0M from €(25)–(10)M; year-end leverage is expected not to exceed 3.75x.
Q4 priorities include disciplined cash management, continued pricing actions and faster Focus to Value productivity delivery; 2027 focus includes cash generation and adult-care growth.
- Revenue and EBITDA declined, but transformation and cost savings drove positive free cash flow.ONTEX
Q2 2026 - Revenue and EBITDA declined, but adult care grew and net debt was reduced.ONTEX
Q1 2026 - Revenue and EBITDA fell in 2025, but debt reduction and EBITDA growth are targeted for 2026.ONTEX
Q4 2025 - H1 2025 saw revenue and margin declines, but divestments reduced net debt and H2 recovery is expected.ONTEX
Q2 2025 - H1 2025 saw a 4% revenue and 22% EBITDA drop, but H2 recovery is expected.ONTEX
Q2 2025 TU - Q3 delivered 29% EBITDA growth, margin gains, and key transformation milestones, with guidance confirmed.ONTEX
Q3 2024 - Strong H1 2024 results and raised outlook as volume growth and cost savings boost profitability.ONTEX
Q2 2024 - Q1 2025 margin resilience and strategic actions support a positive 2025 growth outlook.ONTEX
Q1 2025 - Strong volume-driven growth, margin expansion, and lower leverage set the stage for 2025.ONTEX
Q4 2024
Next Ontex Group earnings date
Next Ontex Group earnings date
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