ENXTBR:ONTEXPersonal Products
Ontex Group (ENXTBR:ONTEX) Is Down 25.3% After CEO Transition And Revenue Cut News – Has The Bull Case Changed?
Ontex Group has announced that Europe Division President Laurent Nielly will succeed Gustavo Calvo Paz as CEO after the May 5, 2026 shareholders’ meeting, while also cutting its 2025 revenue outlook and warning of a high single digit like-for-like revenue drop in the fourth quarter versus last year.
At the same time, Ontex is tripling baby pants production capacity in North America to support retailer-brand growth in a segment where U.S. consumers are increasingly opting for affordable,...