2024
Annual report
Building trust
through performance
Download the full report
2024 highlights
Cost-efficient operations
June: We announce the transformation of our Belgian operations, reaching social agreements for the closing of the Eeklo site in September and for the transformation of the Buggenhout site into a Center of Excellence in October.
Sustainability
We receive an ‘A’ rating from CDP (Carbon Disclosure Project) for transparency on climate action in 2024.
September: We receive a gold EcoVadis medal for transparency in sustainable initiatives across our supply chain and operations in 2024, which places us in the top 5% of all companies assessed worldwide.
Competitive innovation
August: We announce the European commercial launch of our Dreamshield 360° technology for baby pants.
Performance driven organization
April / June: We complete the divestment of our activities in Algeria and Pakistan.
September: We reach a binding
agreement for the divestment of our Brazilian business.
October: We launch the ‘Win as a Team’ program.
Customer-centricity
November: Ontex was present at Hygienix in Nashville (US), giving us the opportunity to connect with suppliers, industry peers and partners.
Stories from the annual report
How we created value in 2024
Employees
Our input
7,000+ employees
20% women in leadership
Our output
3.20 accidents per million hours worked
23% turnover rate
Our impact
Markets & Society
Our input
€1.86bn received from customers in 110+ countries (Core Markets)
€1.30bn raw materials & services paid to suppliers (Core Markets)
Our output
€10M taxes paid
Our impact
Innovation
Our input
6 R&D centers
€18M operational & capital expenditure (Core Markets)
Our output
More than 800 active patents and applications
13 new patent families
Our impact
Resources & Environment
Our input
94% renewable electricity
50% renewable materials
Our output
+5.2% scope 1-2 carbon emission reduction
+1.7% scope 3 carbon emission reduction
Our impact
Operations
Our input
13 factories
€102M capex (Core Markets)
Our output
4.6% operating efficiency gains (Core Markets)
18.6bn hygiene items produced
Our impact
Financial Capital
Our input
€612M net financial debt
€675M market capitalization
Our output
€223M adjusted EBITDA (Core Markets)
€48M free cash flow
Our impact
