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Societe BIC SA (BICP.PA)

BICP.PA on Paris Stock Exchange

78.50EUR
22 Mar 2019
Change (% chg)

€-0.30 (-0.38%)
Prev Close
€78.80
Open
€78.70
Day's High
€79.05
Day's Low
€78.30
Volume
103,191
Avg. Vol
115,563
52-wk High
€97.75
52-wk Low
€71.80

Latest Key Developments (Source: Significant Developments)

Bic FY Net Sales Up At EUR 1.95 Billion
Wednesday, 13 Feb 2019 

Feb 13 (Reuters) - SOCIETE BIC SA ::REG-BIC : Q4 AND FULL YEAR 2018 RESULTS.FY18 NET SALES AT 1,949.8 MILLION EUROS, UP 1.5% ON A COMPARATIVE BASIS.WE EXPECT 2019 GROUP NET SALES TO GROW SLIGHTLY ON A COMPARATIVE BASIS AND NORMALIZED INCOME FROM OPERATIONS MARGIN TO BE BETWEEN 16.5% AND 18%..FY18 NORMALIZED INCOME FROM OPERATION MARGIN AT 18.1%.PROPOSED DIVIDEND FOR 2018 OF 3.45 EUROS.FY 2018 GROSS PROFIT MARGIN CAME IN AT 52.0%, COMPARED TO 52.4% FOR 2017.IN 2019, IN CONTINUED CHALLENGING TRADING ENVIRONMENT, OVERALL SALES PERFORMANCE MAY BE SUBJECT TO MACRO-ECONOMIC UNCERTAINTIES AND CONTINUED COMPETITIVE PRESSURE IN SHAVERS IN THE U.S..FY 2018 EPS GROUP SHARE WAS 3.80 EUROS.AT END OF DECEMBER 2018, GROUP'S NET CASH POSITION STOOD AT 161.5 MILLION EUROS..IN 2019, GROSS PROFIT WILL BE IMPACTED BY INCREASING RAW MATERIAL COSTS, THE IMPACT OF UNFAVORABLE FOREIGN EXCHANGE TRENDS AND THE POTENTIAL IMPACT OF SALES VOLUMES ON COST OF PRODUCTION.IN 2019, NORMALIZED INCOME FROM OPERATIONS WILL ALSO BE AFFECTED BY ADDITIONAL BRAND SUPPORT INVESTMENTS.Q4 NET SALES EUR 511.0 MILLION VERSUS EUR 497.4 MILLION YEAR AGO.  Full Article

Societe BIC Announces Organizational Review
Wednesday, 12 Dec 2018 

Dec 12 (Reuters) - SOCIETE BIC SA ::REG-BIC ANNOUNCES ORGANIZATIONAL REVIEW TO INCREASE OPERATIONAL EFFECTIVENESS AND SUPPORT LONG-TERM PROFITABLE GROWTH.WE WILL SHARE OUTCOMES OF THIS REVIEW DURING Q1 OF 2019..  Full Article

BIC Receives Offer For Acquisition Of BIC Sport
Tuesday, 20 Nov 2018 

Nov 20 (Reuters) - SOCIETE BIC SA ::REG-BIC : BIC RECEIVES AN OFFER FOR THE ACQUISITION OF BIC SPORT.RECEIVED AN OFFER FROM TAHE OUTDOORS TO ACQUIRE BIC SPORT FOR A TOTAL ENTERPRISE VALUE BETWEEN 6 AND 9 MILLION EUROS.THIS TRANSACTION, EXPECTED TO CLOSE BY 31-DECEMBER-2018, IS CONSISTENT WITH BIC'S STRATEGY TO FOCUS ON ITS THREE CATEGORIES (STATIONERY, LIGHTERS, AND SHAVERS) IN ORDER TO REINFORCE ITS LEADERSHIP POSITION IN ITS CATEGORIES AROUND WORLD.  Full Article

BIC 9-mth Net Sales Up 0.3% On Comparative Basis
Wednesday, 24 Oct 2018 

Oct 24 (Reuters) - SOCIETE BIC SA ::REG-BIC : THIRD QUARTER AND NINE MONTHS 2018 RESULTS.* 9M NET SALES UP 0.3% ON A COMPARATIVE BASIS.  Full Article

BIC 9-mth Net Income Group Share Down 31.5 Pct At EUR 127.6 Mln
Wednesday, 24 Oct 2018 

Oct 24 (Reuters) - SOCIETE BIC SA ::REMAIN COMMITTED TO OUR OUTLOOK FOR FULL YEAR.9M NORMALIZED INCOME FROM OPERATION MARGIN AT 18.4%, DOWN 1.1 POINTS.9M 2018 NET INCOME GROUP SHARE WAS 127.6 MILLION EUROS, A 31.5% DROP AS REPORTED.Q3 NET SALES EUR 477.5 MILLION.9M EPS GROUP SHARE WAS 2.79 EUROS, COMPARED TO 3.99 EUROS IN 9M 2017.Q3 NORMALIZED INCOME FROM OPERATION MARGIN AT 16.1%, DOWN 1.5 POINTS..WE EXPECT 2018 GROUP NET SALES TO INCREASE BETWEEN +1 AND +3% ON A COMPARATIVE BASIS.2018 NORMALIZED INCOME FROM OPERATIONS WILL ALSO BE IMPACTED BY SALES PERFORMANCE..END Q3 CASH POSITION WAS EUR 144.8 MILLION.BASED ON THESE FACTORS WE EXPECT NORMALIZED INCOME FROM OPERATIONS MARGIN TO BE BETWEEN 17% AND 18%..2018 GROSS PROFIT WILL BE IMPACTED BY AN INCREASE IN RAW MATERIAL COSTS, HIGHER DEPRECIATION.MAJOR FACTORS AFFECTING 2018 SALES PERFORMANCE: COMPETITIVE PRESSURES IN SHAVER, FURTHER INVENTORY REDUCTIONS FROM RETAILERS, CONTINUED SOFTNESS IN BRAZILIAN ECONOMY..WE REMAIN COMMITTED TO OUR OUTLOOK FOR FULL YEAR.  Full Article

Bic H1 Net Sales Down At 959.3 Million Euros
Wednesday, 1 Aug 2018 

Aug 1 (Reuters) - Societe BIC SA ::H1 NET SALES: 959.3 MILLION EUROS, DOWN 1.9% ON A COMPARATIVE BASIS.SAYS H1 NET SALES: 959.3 MILLION EUROS, DOWN 1.9% ON A COMPARATIVE BASIS.CONTINUED SOLID PERFORMANCE IN EASTERN EUROPE.SOFT Q2 PERFORMANCE IN U.S. LIGHTERS, AS EXPECTED.SAYS H1 NORMALIZED INCOME FROM OPERATION MARGIN: 19.6%, DOWN 70 BASIS POINTS.WE EXPECT NET SALES GROWTH ACROSS ALL CATEGORIES.OUR OUTLOOK FOR FULL YEAR IS UNCHANGED.Q2 NET INCOME RGOUP SHARE EXCLUD. CELLO GOOWILL IMPAIRMENT EUR 90.9 MILLION VERSUS EUR 79.2 MILLION YEAR AGO.Q2 INCOME FROM OPERATIONS EUR 50.0 MILLION VERSUS EUR 119.6 MILLION YEAR AGO.  Full Article

BIC 9-month net sales up slightly at 1.53 ‍​billion euros
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - BIC ::9 MONTH NET SALES EUR 1.53 ‍​BILLION VERSUS EUR 1.52 BILLION YEAR AGO.9 MONTH NET INCOME GROUP SHARE EUR ‍​ ‍​187.3 MILLION VERSUS EUR 213.7 MILLION YEAR AGO.TO INVEST APPROXIMATELY 28 MILLION EUROS IN A NEW WRITING INSTRUMENTS FACILITY IN INDIA‍​.FY NET SALES ORGANIC GROWTH IS EXPECTED TO BE SLIGHTLY BELOW 2 PCT‍​.EXPECTS 2017 NORMALIZED INCOME FROM OPERATIONS MARGIN TO DECLINE BY LESS THAN 100 BPS.AT END OF SEPT., GROUP’S NET CASH POSITION STOOD AT EUR 181.6 MILLION ‍​.Q3 NET SALES EUR ‍465.8 MILLION, DOWN 5.0% AS REPORTED AND DOWN 0.9% ON A COMPARATIVE BASIS​.  Full Article

Pen maker BIC's shares surge on third-quarter rebound

Oct 24 Shares in BIC surged more than 10 percent on Wednesday after the maker of ballpoint pens, razors and lighters reported a stronger-than-expected rebound in third quarter sales.