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Societe BIC SA (BICP.PA)

BICP.PA on Paris Stock Exchange

91.56EUR
15 Dec 2017
Change (% chg)

€-2.44 (-2.60%)
Prev Close
€94.00
Open
€93.88
Day's High
€94.25
Day's Low
€91.47
Volume
240,608
Avg. Vol
105,213
52-wk High
€130.50
52-wk Low
€80.39

Latest Key Developments (Source: Significant Developments)

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

Bic FY net income group share falls to 249.7 million euros
Monday, 13 Feb 2017 

Societe BIC SA : FY net sales (as published) 1.99 billion euros ($2.11 billion) versus 2.03 billion euros year ago . FY income from operations 403.4 million euros versus 424.4 million euros year ago . FY net income group share 249.7 million euros versus 325.1 million euros year ago . Proposed ordinary dividend for 2016 of 3.45 euros per share (up by 1.5 percent) .Plans to deliver mid-single digit organic growth in net sales in 2017.  Full Article

Bic - H1 net sales down 0.1 pct as reported to 1.13 BLN euros
Thursday, 4 Aug 2016 

Bic : First half net sales: 1,133.3 million euros, down 0.1 pct as reported and up 5.4 pct on a constant currency basis . First half net income group share: 140.1 million euros ($156.11 million), down 20.6 pct . Net cash position at end of June 2016: 98.2 million euros . First half normalized IFO: 207.9 million euros - normalized IFO margin: 18.3 pct . Full year 2016 outlook confirmed .In H2 2016, we will continue to invest in research and development and brand support.  Full Article

Societe B I C confirms FY 2016 guidance
Wednesday, 27 Apr 2016 

Societe B I C SA:Full year 2016 outlook confirmed.  Full Article

Societe B I C comments on FY 2016 guidance, and combination CEO/Chairman functions
Wednesday, 17 Feb 2016 

Societe B I C SA:Board of directors will propose to combine chairman and chief executive officer functions​.‍To nominate Bruno Bich as chairman and chief executive officer​.‍In 2016, expects net sales to grow mid-single digit on a comparative basis.Sees ‍2016 net cash from operating activities to be maintained despite an increase in development capex.2016 ‍normalized IFO margin should decline between 100 and 150 basis points​​​.Says ‍board has decided to initiate a review of strategic alternatives for BIC graphic​.  Full Article

UPDATE 2-European shares in correction mode as mixed earnings flow in

* STOXX 600 yoy earnings growth: http://reut.rs/2y2e329 (Recasts, adds details, closing prices)