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Ontex Q1 2022 Earnings Presentation - Transcript

Ontex's Q1 adjusted EBITDA of continuing operations down 49% year-over-year to €21M due to impact of cost inflation; revenue up 13% to €385M, driven by 11% volume growth following significant contract wins and solid momentum from high-growth products

Ontex confirms preliminary discussions with American Industrial Partners on possible business combination with AIP’s portfolio company Attindas; discussions are at early stage, and no agreement has been reached

Ontex's shareholders approve all proposed resolutions at annual general meeting; Ebrahim Attarzadeh appointed as non-executive director, Paul McNulty appointed as independent director

Ontex donates 6,000 sanitary napkins to 29 schools and boarding schools through SKOG, a nonprofit in Ghent, Belgium, to combat rising menstrual poverty; Ontex also establishes global donation policy with principles to increase transparency of donations

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