Ontex Group NV (OTCPK:ONXXF)

$ 8.04 0 (0%) Market Cap: 683.04 Mil Enterprise Value: 1.36 Bil PE Ratio: 9,999.00 PB Ratio: 0.70 GF Score: 67/100

Q3 2024 Ontex Group NV Earnings Call Transcript

Oct 24, 2024 / 10:00AM GMT

Release Date Price: $9.67

Transcript

Geoffroy Raskin

Ontex Group NV - Vice President - Investor Relations and Financial Communications

Good afternoon, everyone, and thank you for joining us today. This is Geoff Raskin from IR. I'm pleased to have today with us Gustavo, our CEO; and Geert Peeters, our CFO, to present the third quarter results.

Before that, let me remind you of the safe harbor regarding forward-looking statements. I will not read them out loud, but I will assume you will have duly noted it. You're well aware that since 2022, our P&L is based on continuing operations, which consists of our core market activities only, while the emerging markets are reported as discontinued operations. We have already divested or are in the process of divesting most of these. But meanwhile, these activities continue to contribute to our results.

Please note that since the start of the year, we have changed the definition of free cash flow to reflect free cash flow after financing and the operating savings in our EBITDA bridge, we have readjusted to a net figure after subtraction of implementation costs. We have now also

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