October 11, 2019 / 4:07 PM / 6 days ago

Poor U.S. sales to weigh on France's BIC results

Oct 11 (Reuters) - France’s stationery and lighter manufacturer BIC said on Friday it expected poor third-quarter product sales, mainly in the U.S. pocket lighter market, to hit its full-year sales outlook.

The company cut its net sales outlook and now expects them to show no growth, or decline up to 2%, year-on-year, compared to a slight increase forecast previously. (Reporting by Piotr Lipinski in Gdansk; Editing by Nick Macfie)

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