Ontex Reports Q1 Results and Maintains Full Year Outlook

Ontex reported Q1 adjusted EBITDA margin of 9.1%, down 2.2 percentage points year-on-year, with revenue declining 5.4% to €426.3 million. The company reduced its net debt by 5% to €550 million and maintained its full year outlook.

By Meghavi Singh, SA News Editor · Seeking Alpha ·

Ontex Reports Q1 Results and Maintains Full Year Outlook

Topics: debt reduction EBITDA Q1 results revenue decline

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