Ontex Group NV (WBO:ONTX)
€ 7.39 -0.26 (-3.4%) Market Cap: 596.44 Mil Enterprise Value: 1.24 Bil PE Ratio: 9,999.00 PB Ratio: 0.65 GF Score: 68/100

Q4 2023 Ontex Group NV Earnings Call Transcript

Feb 08, 2024 / 11:00AM GMT
Release Date Price: €7.43 (+2.48%)
Geoffroy Raskin Ontex Group NV;VP of IR;Financial Communication;Gustavo Calvo Paz Ontex Group

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Good afternoon, everyone, and thank you for joining us today. I am Geoff Raskin from Investor Relations. I'm pleased to have Gustavo, our CEO; and Geert Peeters, our new CFO, with us today to present the full year and Q4 results.

Now before that, let me remind you of the Safe Harbor regarding forward-looking statements. I will not read it out loud, but I will assume you will have duly noted it. You are well aware that since 2022, our P&L is based on continuing operations, which consists of our core markets activities only. The emerging markets are reported as discontinued operations. And while in the process of being gradually divested, they do still contribute to total debt and cash flow figures.

Regarding cash flow, please note that we changed our definitions of reported cash flow, which used to be free cash flow before financing to free cash flow after financing or free cash flow to equity.

With that cleared up, Gustavo over to you.

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