For the full year 2025, Ontex’s revenue was €1.76 billion ($2.09 billion), a ‑4.9% like-for-like decrease, entirely linked to lower volumes, with improving product mix offsetting limited targeted price decreases. Demand for baby care retailer brands dropped in Europe and North America, due to low consumer demand amplified by intense A-brand promotions. Ontex’s sales volumes in baby care decreased more, linked to its specific regional and customer exposure, as well as customer destocking and supply chain constraints, which also affected other product categories. Ontex’s volumes in feminine care were slightly down, largely in line with market demand, while growth in adult care continued, albeit at a lower pace.

In the fourth quarter of 2025, the company’s revenue was €436 million ($519 million), ‑7.6% lower like-for-like year on year and ‑2.1% lower quarter on quarter. Pricing remained at the third quarter level, but was slightly down versus last year, offset by mix improvement. Market demand for baby and feminine care came down further in Europe sequentially, leading to lower sales volumes. This was also the case for baby care in North America, especially in contract manufacturing, whereas in retailer brands, the contract gains offset the market contraction.

Laurent Nielly, Ontex’s CEO, says: “I am honored by the Board’s trust to lead the company in this difficult moment. Our performance in 2025 has clearly not met expectations.  While we continued to make progress to transform the business, the pace was not enough to compensate for the market unexpected demand drop and our own execution challenges. While we have started a review of the strategy, we are focusing on the execution of our existing plans with stronger financial discipline. We aim to resume adjusted EBITDA growth, while continuing to find additional fuel to reestablish the baseline for sustained growth as the year progresses. We have strong assets and people, and I am convinced that the work started will allow us to unlock Ontex’s intrinsic value.”