Report
Christophe Chaput

Bic : Des résultats T4 contrastés et une année 2020 qui devrait rester sous pression. Opinion Neutre maintenue

>Des résultats T4 contrastés : CA -3.8% lfl ; MOP norm. +110 pb - Au titre de son dernier trimestre 2019, le groupe Bic publie des résultats contrastés (cf détails chiffrés page suivante). Ceux-ci se caractérisent par : Une baisse du chiffre d’affaires de 1.9% à 501.2 M€ (nous retenions 511.1 M€ et le css 512.2 M€) dont -3.8% à base comparable ce qui est inférieur aux attentes (-0.6% estimé) et marque un recul plus prononcé que les 9m (-1.2% à base comparable). A...
Underlying
Societe BIC SA

Societe BIC designs, manufactures and distributes the following consumer products: stationery products, lighters, shavers, and other products. Its stationery products include writing instruments such as ball pens, felt pens, mechanical pencils; marking instruments; coloring and drawing instruments; correction instruments and glues. Co.'s stationery products are sold under the BIC® Kids, Tipp-Ex®, Wite-Out®, Sheaffer® and PIMACO® brands. Its other products segment includes promotional products including notebooks, key rings, magnets, and drinkware; Sport sales (surfboards, windsurf boards, kayaks and sailboats); adhesive labels and adhesive raw materials.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Christophe Chaput

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