Ontex Cuts 2026 Adjusted EBITDA Outlook to €143M–€148M
Ontex lowered its full-year 2026 adjusted EBITDA outlook from €165 million–€180 million. It also forecast free cash flow of €(10) million to €0 million and reported a 3.75x leverage ratio at September-end.
Ontex Group NV released its Q3 2026 financial results, revealing a downward revision of its full-year 2026 adjusted EBITDA outlook to a range of €143 million to €148 million, down from the previous guidance of €165 million to €180 million. The company cited persistent volatile and elevated cost environments, slower-than-anticipated pricing ramp-ups, and lower sales volumes as primary drivers for the revision. Despite these challenges, the company reported progress on its "Focus to Value" transformation program, which has delivered €45 million in savings year-to-date.
Additionally, the company noted that its leverage ratio rose to 3.75x at the end of September, and it has updated its full-year free cash flow outlook to a range of €(10) million to €0 million.