Bryan Garnier - Bic (BB) BIC: Play the gradual US recovery

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Bryan Garnier

Cedric Rossi

BIC: Play the gradual US recovery

Following the company's margin guidance upgrade and conference call, we increase our FY24-26 estimates by 4% on average and lift our PT to EUR73 vs. EUR68 previously. Normalising trends in North America and encouraging trends in Human Expression ahead of back-to-school in key markets such as Brazil

25/10/2024 1 EN

Underlying

Bic

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Provider

Bryan Garnier

Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.

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Analysts

Cedric Rossi

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BIC: Play the gradual US recovery

BIC: impressive Q3 margin performance and FY guidance upgrade

On the shelves now: Consumer weekly #42

Groupe SEB: Q3 sales beat showing the beauty of its diversified business model

Hermès confirms its resilient profile in Q3

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