Report
Christophe Chaput

Bic : Un début d’année très difficile – Opinion Alléger maintenue

>Un T1 difficile : ROC -53.6% à 25.3 M€ vs consensus 46.4 M€ - Au titre de son T1 2020, le groupe Bic publie des résultats inférieurs aux attentes. Ceux-ci se caractérisent par : 1/ Une baisse de chiffre d’affaires de 14.1% à 357 M€ (nous retenions 418 M€ et le css 386 M€) en sachant qu’à périmètre et changes constants, la baisse aurait été de 13.8%. Sur la période, l’impact du COVID aurait pesé pour environ 2-3 pt sur la variation du CA à base comparable ce qui témoi...
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

Other Reports on these Companies
Other Reports from Oddo BHF
Louis Boujard ... (+3)
  • Louis Boujard
  • CFA
  • Philippe Ourpatian

ResearchPool Subscriptions

Get the most out of your insights

Get in touch