Access the most recent editions of Nonwovens Industry magazing featuring timely analysis and industry-leading reporting.
Read our interactive digital magazine, complete with enhanced multimedia and user-friendly navigation.
For more than 60 years, Nonwovens Industry has been your trusted source for global coverage of the household and personal products industry.
Subscribe to receive the latest news and insights from Nonwovens Industry magazine in print or digital formats.
Promote your brand to decision-makers across the global nonwovens supply chain through targeted advertising opportunities.
View our standards for content submissions, including formatting and editorial best practices.
Learn how we protect and manage your personal data.
Review the terms governing your access to and use of the Nonwovens Industry website.
Updates on company earnings, mergers, and acquisitions.
Announcements and innovations from material and equipment suppliers.
Product launches and technology rollouts in nonwovens.
General industry news covering manufacturing, sustainability, and market trends.
Executive moves, promotions, and leadership changes.
Spotlight features on emerging or noteworthy companies.
Key patent filings and innovations in the nonwovens space.
Expert perspectives on major trends and market shifts.
Dive into in-depth reports on global industry drivers, application areas, and breakthrough technologies.
Recurring editorial columns covering regulatory updates, sustainability, and commercial strategy.
Access original articles and interviews offering unique insights into business strategy, innovation, and market direction.
Industry leaders and analysts share their views on evolving challenges and opportunities in nonwovens.
Visual roundups from events, product showcases, and industry highlights.
Insight into thermal bonding via heated air for loft and softness.
Coverage on short-fiber web formation technologies.
Deep dives into continuous filament technologies and layered structures.
Mechanically bonded web technologies for durable fabrics.
Hydroentanglement processes for high-performance nonwovens.
Paper-like nonwovens formed through slurry and fiber suspension systems.
Profiles and rankings of the world’s leading nonwovens producers and brands.
Search materials, machinery, and services across the supply chain.
Discover nonwoven-based hygiene product brands.
Explore companies behind major hygiene product lines.
Submit your company for inclusion in our directories.
Learn more about leading nonwovens companies and their capabilities.
Find definitions of key industry terms and technologies.
In-depth interviews, product demos, and event highlights.
Short-form video interviews offering quick updates and takeaways.
Comprehensive publications on specialized topics in nonwovens.
Company-driven insights, case studies, and thought leadership presented in collaboration with Nonwovens Industry.
Stay up to date with official announcements from companies in the sector.
Listings of top global industry gatherings.
On-site reporting from major exhibitions.
Virtual sessions covering key technologies, market updates, and expert discussions.
What are you searching for?
Hygiene specialist sees strong North American growth
August 1, 2024
By: Karen McIntyre
Editor
Ontex reported strong results for the first half of 2024, leading to a revision of its full year outlook with volume growth and cost transformation projects driving profitability up and leverage down further. Revenues increased 3% driven by 5% volume growth while adjusted EBITDA rose 31% increasing margins up to 12%. “We have achieved several key strategic milestones in the first half year. Divestments were successfully completed, sharpening our focus on core markets further and our cost transformation program delivered solid efficiency gains yet again,” says CEO Gustavo Calvo Pas. “This consistent delivery coupled with our sustainable innovation pipeline allows us to grow our business in North America and strengthen it in Europe, which gives me confidence to deliver a strong year. Aiming to further strengthen our competitive position, we announced the intension to restructure our Belgian production and distribution activities. These measures will allow us to further reinforce and grow our business sustainably while driving profitability and cost innovation up.” Revenues were €916 million, up 3% while volumes were up 5% driven by double-digit volume growth in North America as well as in select market categories. Higher volume driven adult care sales of 11% more than compensated for price-related decrease in baby car and fem care of 2% and 3%, respectively. The strong increase in North America contrasted with stable demand for baby care products in the region, thereby highlighting Ontex’s share gains, which were based on new contracts signed during the second half of 2023 and first half of 2024. In Europe, sales for baby care products weakened while remaining stable for fem care items and growing for adult care products, in line with the demographic evolution. Earnings increased 31% thanks to a cost transformation program that delivered 5% operational efficiencies while volume growth and product mix improvement contributed 6%. For the second quarter, revenue was reported at €456 million, up 2% also driven by volume growth in North America and selected product categories while adjusted EBITDA was up 32% for €57 million. The company expects full year sales to grow in a range of 4-5%.
Enter the destination URL
Or link to existing content
Enter your account email.
A verification code was sent to your email, Enter the 6-digit code sent to your mail.
Didn't get the code? Check your spam folder or resend code
Set a new password for signing in and accessing your data.
Your Password has been Updated !
