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Higher Volumes Boost Ontex’s Revenue

Company witnesses growth in baby pants, adult incontinence and femcare

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By: Tara Olivo

Associate Editor at Nonwovens Industry, Rodman Media

Ontex’s Q1 2018 performance was in line with its expectations, with group revenue up 1.7% to €558.1 million ($661.7 million). Good growth was achieved in Baby pants, as well as in the Adult Inco and Feminine Care categories. Divisional revenue performances were varied as expected, with solid growth in Growth Markets, Healthcare and Americas Retail. Group revenue increased due to both higher volumes and price/mix.

Babycare category revenue was 1.5% lower in Q1 2018, as Baby diapers remained under pricing pressure in several markets. Baby pants had strong volume growth, and Ontex is investing to ensure it captures this opportunity with retail brands as well as with its own brands.

First quarter 2018 Femcare category revenue grew 6.6%, well ahead of underlying market category trends.  The new tampon business was the major driver of higher revenue.

Revenue in the Adult Inco category was up 7.3% in Q1 2018, with growth in institutional channels, and retail sales up 9%. Consumer demand continued to drive strong growth of Adult pants.

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