Ontex Group NV Announces Transformation Highlights in 2024
Ontex Group NV Unveils 2024 Annual Report
Aalst, Belgium – Ontex Group NV [EURONEXT: ONTEX], a frontrunner in the personal care industry, has officially released its Annual Report for 2024, showcasing a comprehensive view of its ongoing transformation journey. The report emphasizes Ontex's achievements in finance, sustainability, and operational strategies that have defined the past year.
The Journey of Transformation
Gustavo Calvo Paz, CEO of Ontex, expressed pride in presenting the Annual Report, reflecting on the significant strides made during the year. He shared insights into how the company has emerged more competitive and profitable, with improvements in cash flow, reductions in debt, and strategic investments aimed at fostering future growth and innovation. These accomplishments fall in line with Ontex's commitment to delivering quality care products globally.
Financial Performance Overview
The report covers details from January 1 to December 31, 2024, providing a thorough analysis of the company's financial performance along with its environmental footprint and social responsibility initiatives. Ontex continues to lead in personal care solutions, focusing on sustainable product development and operational excellence to meet evolving consumer needs.
Commitment to Sustainable Innovation
In the context of increased awareness surrounding sustainability, Ontex has made significant strides towards minimizing its environmental impact. The company has enhanced its operational practices to support eco-friendly initiatives, ensuring a responsible approach to production and distribution. Details about these initiatives are included in the report, reflecting Ontex's dedication to creating a sustainable future for everyone.
Leadership and Governance Practices
Ontex's Annual Report also highlights the company's governance practices and leadership structure, showcasing the team’s commitment to ethical business practices and transparency. The insights presented in the report aim to build trust with stakeholders and reinforce the company’s strategic direction.
Contact Information for Enquiries
For inquiries, stakeholders can reach out to:
- Investors: Geoffroy Raskin | +32 53 33 37 30 | investor.relations@ontexglobal.com
- Media: Catherine Weyne | +32 53 33 36 22 | corporate.communications@ontexglobal.com
About Ontex Group NV
Ontex is not just a leading international producer of personal care solutions but also a key player in delivering innovative products across baby care, feminine care, and adult care. With its presence in around 100 countries and a dedicated workforce of approximately 7,000 employees, the company demonstrates its commitment to quality and customer satisfaction. Its headquarters remains in Aalst, Belgium, and Ontex is listed on Euronext Brussel, maintaining a strong position in the Bel Mid® index.
Frequently Asked Questions
What key highlights does the 2024 Annual Report feature?
The report emphasizes Ontex's financial performance, sustainable initiatives, and operational excellence.
Who is the CEO of Ontex Group NV?
The CEO of Ontex is Gustavo Calvo Paz, who shared insights on the company's progress during the transformation journey.
How does Ontex contribute to sustainability?
Ontex has implemented various eco-friendly initiatives aimed at reducing environmental impact while striving for operational excellence.
Where can I access the 2024 Annual Report?
The Annual Report can be accessed on the Ontex website, where it's available in both English and Dutch.
What industries does Ontex serve?
Ontex serves sectors including baby care, feminine care, and adult care, distributing its products widely in retail and healthcare.
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