Ontex Sees LFL Revenue Down 3% In FY 2020
Published on Feb 24 2021 11:59 AM in A-Brands tagged: Trending Posts / Revenue / Personal Hygiene / Paywall / Annual Report / Ontex
Personal hygiene brand Ontex has reported a 3.1% decline in like-for-like revenue, to €2,2 billion, in its financial year 2020, impacted by lower sales in Europe.
Adjusted EBITDA for the fiscal year amounted to €236 million, down 3.9% compared to 2019, while adjusted EBITDA margin increased 55 bps to 11.3%.
Gross profit dropped 1.8% year-on-year to €609.1 million in the financial year ended 31 December 2020.
Try European Supermarket Magazine PREMIUM – 30 Day FREE Trial.
A trial subscription gives unrestricted access to all premium site content, app content, weekly email content and European Supermarket Magazine digital edition for a full 30 days. Try it now!
