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Revenues Increase at Ontex

All categories saw growth during the first half of 2017

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By: Tara Olivo

Associate Editor at Nonwovens Industry, Rodman Media

In the first half of 2017, Ontex’s revenue was €1.17 billion ($1.36 billion), up 22% on a reported basis, and was up 5.2% on a like-for-like (LFL) basis, year-on-year (yoy). In the second quarter, revenue of €617 million ($719 million) was up 20.9% on a reported basis, and up 6.6% on a LFL basis.

Babycare category revenue grew 30% on a reported basis in H1 2017, which included Grupo Mabe and Ontex Brazil, and a 6.9% increase on a LFL basis, thanks to higher sales in the majority of its markets.

Revenue in the Femcare category in H1 2017 was 5.3% higher as reported, and up 2.1% on a LFL basis. Essentially all of the LFL growth was in Western Europe, the region in which most of its sales take place.

H1 2017 Adult Inco category revenue rose 14.1% on a reported basis, and increased 4.6% on a LFL basis. Adult Inco sales in retail channels were 9% higher year-on-year, and in institutional channels revenue also grew, both on a LFL basis.

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