Annuncio • May 22
Société BIC SA Approves an Ordinary Dividend Société BIC SA, at the Combined General Meeting held on May 20, 2026 approved an ordinary dividend of EUR 2.40 per share. Board Change • May 20
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 4 independent directors. 8 non-independent directors. Independent Director Karen Guerra was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Declared Dividend • May 20
Dividend reduced to €2.40 Dividend of €2.40 is 22% lower than last year. Ex-date: 1st June 2026 Payment date: 3rd June 2026 Dividend yield will be 4.2%, which is about the same as the industry average. Sustainability & Growth Dividend is not covered by earnings (114% earnings payout ratio). However, it is well covered by cash flows (44% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 27% to bring the payout ratio under control. EPS is expected to grow by 86% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Annuncio • Feb 25
Société BIC SA Announces Ordinary Dividend for the Fiscal Year 2025, Payable on June 3, 2026 Société BIC SA announced ordinary dividend of €2.40 per share for fiscal year 2025, to be paid on June 3, 2026, representing an estimated amount of €98 million and 51% pay-out ratio. A total dividend amount of €127 million, or €3.08 per share was paid in June 2025. Annuncio • Feb 24
Société BIC SA to Report First Half, 2026 Results on Jul 29, 2026 Société BIC SA announced that they will report first half, 2026 results on Jul 29, 2026 Annuncio • Dec 20
Société BIC SA, Annual General Meeting, May 20, 2026 Société BIC SA, Annual General Meeting, May 20, 2026. Annuncio • Dec 05
BIC Discontinues Rocketbook and Its Skin Creative Activities BIC announced that following a thorough review of Rocketbook and the tattoo activities grouped under Skin Creative, the Group has decided to discontinue these businesses. The performances of these activities are not aligned with the Group's ambitions. As a result, BIC decided to wind down the operational activities of Rocketbook, Inkbox and Tattly by the first quarter of 2026. Annuncio • Sep 18
Société BIC SA to Report Fiscal Year 2025 Results on Feb 24, 2026 Société BIC SA announced that they will report fiscal year 2025 results on Feb 24, 2026 Annuncio • Sep 13
Société BIC SA Announces Board Changes During its meeting held on September 12, 2025, and upon recommendation of the Nominations, Governance and CSR Committee, the Board of Directors of Société BIC SA has coopted three new Directors, which cooptation will be submitted for ratification at the next Shareholders’ Meeting of May 2026: Albert Baladi, an experienced and highly respected leader in the consumer goods industry, replaces Jake Schwartz, who has decided to step down from his role as Independent Director. Albert Baladi will be a member of the Audit Committee and of the Nominations, Governance and CSR Committee. Geoffroy Bich, who has over 30 years of experience within the Group, replaces Timothée Bich, who has decided to step down from his role as Director. Albert Baladi is a recognized expert in the consumer goods and food & beverage industries, with close to four decades of experience. He has held senior positions in marketing and general management at Procter & Gamble, PepsiCo and Yum! Brands, and most recently served as CEO of Beam Suntory (now Suntory Global Spirits). He lives in New York and is a graduate of HEC Lausanne. Geoffroy Bich is Vice President, Business Development at BIC. Grandson of Marcel Bich, he has over 30 years’ experience in the Group, from shopfloor roles to international leadership. He worked in manufacturing across BIC’s three divisions (Human Expression, Flame for Life, and Blade Excellence) and oversaw industrial sites in France, Spain, Brazil, and China. Known for his pragmatic, people-centered approach, he is based in Dubai. Annuncio • Jun 13
Société BIC SA Announces Chief Executive Officer Changes Following a thorough and diligent selection process led by the Succession Committee, the Board of Directors of Société BIC, chaired by Edouard Bich, decided to appoint Rob Versloot as Chief Executive Officer, effective September 15th, 2025. With a distinguished international career and a proven track record of growing organizations successfully, he brings the strategic vision and operational excellence needed to guide BIC into its next phase of sustainable growth. His leadership has consistently delivered strong results while fostering a forward-looking culture qualities that will be instrumental in navigating today's dynamic global landscape. Gonzalve Bich, current Director and Chief Executive Officer, will continue to serve in his role until Rob Versloot officially assumes office. During this transition period, Gonzalve and Rob will work in close partnership, ensuring a seamless handover. This collaborative approach, supported by BIC's Board of Directors and Executive Committee, will sustain business continuity and momentum across all operations. Born in the Netherlands in 1967, Rob Versloot graduated in Business Administration from the University of Groningen in 1992. He began his career at Nutricia & Danone, where he held a series of progressively senior marketing, commercial, and general management roles across Europe, Brazil, Southeast Asia, and Central Asia. In 2008, he joined the Hero Group, initially overseeing regional markets in Europe, North America and China, before being appointed CEO in 2012. During Versloot's tenure, Hero Group has been transformed into an integrated, focused, and fast-growing company, with double-digit pace in the last three years. Over more than three decades in the FMCG sector, Rob has led complex transformations, driven sustainable growth, and built high-performing teams across both emerging and mature markets. Information relating to the financial conditions of the recruitment of Rob Versloot will be made public according to applicable regulations and the recommendations of the AFEP-MEDEF Corporate Governance Code. Annuncio • Apr 08
Société BIC SA, Annual General Meeting, May 20, 2025 Société BIC SA, Annual General Meeting, May 20, 2025. Location: 12 22 boulevard victor hugo, clichy France Annuncio • Feb 18
Société BIC SA to Report First Half, 2025 Results on Jul 30, 2025 Société BIC SA announced that they will report first half, 2025 results on Jul 30, 2025 Annuncio • Dec 12
Société BIC SA (ENXTPA:BB) acquired Tangle Teezer Limited from Mayfair Equity Partners LLP for €200 million. Société BIC SA (ENXTPA:BB) acquired Tangle Teezer Limited from Mayfair Equity Partners LLP for €200 million on December 11, 2024.
Société BIC SA (ENXTPA:BB) completed the acquisition of Tangle Teezer Limited from Mayfair Equity Partners LLP on December 11, 2024. Annuncio • Nov 06
Société BIC SA to Report Q1, 2025 Results on Apr 23, 2025 Société BIC SA announced that they will report Q1, 2025 results After-Market on Apr 23, 2025 Valuation Update With 7 Day Price Move • Oct 30
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €68.50, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 11x in the Commercial Services industry in Germany. Total returns to shareholders of 62% over the past three years. Reported Earnings • Oct 25
Third quarter 2024 earnings released: EPS: €1.77 (vs €1.39 in 3Q 2023) Third quarter 2024 results: EPS: €1.77 (up from €1.39 in 3Q 2023). Revenue: €539.7m (down 3.7% from 3Q 2023). Net income: €73.6m (up 23% from 3Q 2023). Profit margin: 14% (up from 11% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Upcoming Dividend • Sep 09
Upcoming dividend of €1.42 per share Eligible shareholders must have bought the stock before 16 September 2024. Payment date: 18 September 2024. Payout ratio is a comfortable 55% and this is well supported by cash flows. Trailing yield: 4.6%. Lower than top quartile of German dividend payers (4.9%). In line with average of industry peers (4.5%). Reported Earnings • Aug 04
Second quarter 2024 earnings released: EPS: €1.85 (vs €1.64 in 2Q 2023) Second quarter 2024 results: EPS: €1.85 (up from €1.64 in 2Q 2023). Revenue: €617.8m (down 3.2% from 2Q 2023). Net income: €77.2m (up 9.0% from 2Q 2023). Profit margin: 13% (up from 11% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Annuncio • Jul 31
Société BIC SA to Report Fiscal Year 2024 Results on Feb 18, 2025 Société BIC SA announced that they will report fiscal year 2024 results After-Market on Feb 18, 2025 Annuncio • Jun 20
Société Bic Sa Provides Sales Guidance for the Full Year 2024 Société BIC SA provided sales guidance for the full year 2024. For the year, the group net sales are now expected to grow low-single digit at constant currency excluding Argentina (versus initially between +5% and +7%). Upcoming Dividend • Jun 03
Upcoming dividend of €2.85 per share Eligible shareholders must have bought the stock before 10 June 2024. Payment date: 12 June 2024. Payout ratio is a comfortable 57% and this is well supported by cash flows. Trailing yield: 4.1%. Lower than top quartile of German dividend payers (4.6%). In line with average of industry peers (3.8%). Annuncio • May 16
Lo Bosworth and BIC Soleil Escape Razors Launch Limited-Edition 5 Senses Shave Kit BIC® Soleil Escape is empowering consumers to slow down and indulge in an everyday escape with the launch of their limited-edition 5 Senses Shave Kit. The sensorial collection is co-created with Love Wellness Founder, personal care advocate, and TV personality, Lo Bosworth, encouraging women to tap into self-care starting with their shave. The thoughtfully curated 5 Senses Shave Kit was inspired by the scented handles of Soleil Escape razors, in fragrances such as Jasmine & Eucalyptus and Vanilla & Berries. Each kit transforms the everyday shave by creating a calming and refreshing experience that tickles all the senses, including: Smell: Immerse yourself with BIC Soleil Escape 5 Blade Razors (two 2-count packs, 4 razors total) with Jasmine & Eucalyptus and Vanilla & Berries scented handles. Taste: Sip on luscious lavender mocktails that have soothing vanilla notes from a delectable dash of vanilla. Hearing: Listen to relaxing tunes or jam out to your favorite beats with a shower-friendly speaker. Touch: Feel deep and rejuvenating exfoliation from a natural lava pumice stone. Sight: Adorn your showerhead with eucalyptus to create an aesthetically pleasing, and luxurious spa-like shower experience. The limited-edition BIC Soleil Escape 5 Senses Shave Kit can be purchased at BIC.com for $59, while supplies last. BIC Soleil Escape razors are available in three additional scents - Citrus, Lavender & Eucalyptus, and Rose & Magnolia – and feature moisture strips with 100% natural almond oil to enhance glide for a smooth and comfortable shave. Soleil Escape razors can be purchased at major retailers nationwide and on e-commerce platforms including Walmart, Target, Amazon, and Walgreens starting at $5.47. Reported Earnings • Mar 31
Full year 2023 earnings released: EPS: €5.30 (vs €4.52 in FY 2022) Full year 2023 results: EPS: €5.30 (up from €4.52 in FY 2022). Revenue: €2.26b (up 1.3% from FY 2022). Net income: €226.5m (up 14% from FY 2022). Profit margin: 10.0% (up from 8.9% in FY 2022). Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Reported Earnings • Feb 21
Full year 2023 earnings released: EPS: €5.30 (vs €4.75 in FY 2022) Full year 2023 results: EPS: €5.30 (up from €4.75 in FY 2022). Revenue: €2.26b (up 1.3% from FY 2022). Net income: €226.5m (up 8.4% from FY 2022). Profit margin: 10.0% (in line with FY 2022). Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Annuncio • Jan 13
Société BIC SA to Report First Half, 2024 Results on Jul 31, 2024 Société BIC SA announced that they will report first half, 2024 results on Jul 31, 2024 Annuncio • Nov 25
Société BIC SA to Report Q4, 2023 Results on Feb 19, 2024 Société BIC SA announced that they will report Q4, 2023 results After-Market on Feb 19, 2024 Annuncio • Nov 24
Société BIC SA, Annual General Meeting, May 29, 2024 Société BIC SA, Annual General Meeting, May 29, 2024. Annuncio • Oct 29
Société BIC SA to Report Q1, 2024 Results on Apr 23, 2024 Société BIC SA announced that they will report Q1, 2024 results After-Market on Apr 23, 2024 Reported Earnings • Oct 27
Third quarter 2023 earnings released: EPS: €1.39 (vs €1.06 in 3Q 2022) Third quarter 2023 results: EPS: €1.39 (up from €1.06 in 3Q 2022). Revenue: €560.3m (down 3.4% from 3Q 2022). Net income: €59.8m (up 28% from 3Q 2022). Profit margin: 11% (up from 8.1% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Oct 27
Bic Announces Appointment of Pascal Chevallier as Director Representing Employees BIC announced the appointment of Pascal Chevallier as Director representing the employees to the Board of Directors of Société BIC. He was nominated by the Group’s Works Council on October 25, 2023. Pascal Chevallier becomes the second Director representing the employees, alongside Héla Madiouni. He has been appointed to replace Vincent Bedhome, whose term has expired. He will serve a three-year term. The Board of Directors warmly thanks Vincent Bedhome for his six years of commitment and collaboration. Pascal Chevallier graduated from the Université of Orsay with a degree in industrial computing and holds a Diplôme d’Etudes Supérieures Spécialisées (DESS) and a master’s degree in physics. In 2002, he started his career at the Bertrand Company before joining the Renault Group and then SEIMAF Automotive and Engineering as a technical pilot and special machinery designer. Since 2014, he has worked as a Special Machine Studies Manager in the Industrialization Department, serving all the divisions. Annuncio • Oct 26
Société BIC SA Provides Earnings Guidance for the Full Year 2023 Société BIC SA provided earnings guidance for the full year 2023. For the year, the company expected net sales to grow between 5% and 7% at constant currencies, driven by price and mix. Annuncio • Jul 29
Société BIC SA Provides Earnings Guidance for the Full Year 2023 Société BIC SA provided earnings guidance for the full year 2023. For the year, the company expects net sales to grow between 5% and 7% at constant currencies, driven by price and mix. Annuncio • Jul 27
Société BIC SA Provides Earnings Guidance for the Year 2023 Société BIC SA provided earnings guidance for the year 2023. Full Year 2023 net sales are expected to grow between 5% and 7% at constant currencies, driven by price and mix. Reported Earnings • Jul 27
Second quarter 2023 earnings released: EPS: €1.64 (vs €1.62 in 2Q 2022) Second quarter 2023 results: EPS: €1.64. Revenue: €638.2m (up 4.4% from 2Q 2022). Net income: €70.8m (down 1.4% from 2Q 2022). Profit margin: 11% (in line with 2Q 2022). Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Commercial Services industry in Germany. Upcoming Dividend • May 22
Upcoming dividend of €2.56 per share at 4.4% yield Eligible shareholders must have bought the stock before 29 May 2023. Payment date: 31 May 2023. Payout ratio is a comfortable 58% and this is well supported by cash flows. Trailing yield: 4.4%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (3.9%). Reported Earnings • Apr 30
First quarter 2023 earnings released: EPS: €1.17 (vs €1.53 in 1Q 2022) First quarter 2023 results: EPS: €1.17 (down from €1.53 in 1Q 2022). Revenue: €538.7m (up 4.5% from 1Q 2022). Net income: €50.8m (down 25% from 1Q 2022). Profit margin: 9.4% (down from 13% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 17
Full year 2022 earnings released: EPS: €4.75 (vs €7.02 in FY 2021) Full year 2022 results: EPS: €4.75 (down from €7.02 in FY 2021). Revenue: €2.23b (up 22% from FY 2021). Net income: €208.9m (down 34% from FY 2021). Profit margin: 9.4% (down from 17% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Annuncio • Feb 16
Board Société Bic Sa Will Propose Ordinary Dividend Board Société BIC SA will propose a 2.56 euros per share Ordinary Dividend to the next AGM, a 50% payout ratio, and an increase of 19.1% compared to 2021. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 7 non-independent directors. Independent Non-Executive Chair Nikos Koumettis was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 05
Second quarter 2022 earnings released: EPS: €1.62 (vs €1.53 in 2Q 2021) Second quarter 2022 results: EPS: €1.62 (up from €1.53 in 2Q 2021). Revenue: €611.4m (up 21% from 2Q 2021). Net income: €71.8m (up 4.7% from 2Q 2021). Profit margin: 12% (down from 14% in 2Q 2021). Over the next year, revenue is forecast to grow 6.6%, compared to a 6.4% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Upcoming Dividend • May 23
Upcoming dividend of €2.15 per share Eligible shareholders must have bought the stock before 30 May 2022. Payment date: 01 June 2022. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of German dividend payers (4.3%). In line with average of industry peers (3.5%). Reported Earnings • Apr 28
First quarter 2022 earnings released: EPS: €1.53 (vs €3.59 in 1Q 2021) First quarter 2022 results: EPS: €1.53 (down from €3.59 in 1Q 2021). Revenue: €515.7m (up 26% from 1Q 2021). Net income: €67.6m (down 58% from 1Q 2021). Profit margin: 13% (down from 39% in 1Q 2021). Over the next year, revenue is forecast to grow 6.4%, compared to a 21% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Board Change • Apr 27
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 independent directors. 7 non-independent directors. Independent Director Jacob Schwartz was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Reported Earnings • Feb 17
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: €7.02 (up from €2.08 in FY 2020). Revenue: €1.83b (up 13% from FY 2020). Net income: €314.2m (up 235% from FY 2020). Profit margin: 17% (up from 5.8% in FY 2020). The increase in margin was primarily driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 6.5%, compared to a 23% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Reported Earnings • Oct 28
Third quarter 2021 earnings released: EPS €1.28 (vs €1.51 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: €478.4m (up 8.3% from 3Q 2020). Net income: €57.3m (down 16% from 3Q 2020). Profit margin: 12% (down from 15% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Reported Earnings • Jul 31
Second quarter 2021 earnings released: EPS €1.53 (vs €0.065 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €505.7m (up 21% from 2Q 2020). Net income: €68.6m (up €71.5m from 2Q 2020). Profit margin: 14% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 8% per year, which means it is performing significantly worse than earnings. Executive Departure • May 27
Independent Chairman of the Board Pierre Vareille has left the company On the 19th of May, Pierre Vareille's tenure as Independent Chairman of the Board ended after 12.0 years in the role. As of March 2021, Pierre personally held 6.00k shares (€294k worth at the time). Pierre is the only executive to leave the company over the last 12 months. Upcoming Dividend • May 24
Upcoming dividend of €1.80 per share Eligible shareholders must have bought the stock before 31 May 2021. Payment date: 02 June 2021. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (3.5%). Reported Earnings • Apr 30
First quarter 2021 earnings released: EPS €3.59 (vs €0.56 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: €411.0m (up 15% from 1Q 2020). Net income: €161.6m (up €136.6m from 1Q 2020). Profit margin: 39% (up from 7.0% in 1Q 2020). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Annuncio • Apr 28
Société BIC SA Provides Revenue Guidance for the Fiscal Year 2021 Société BIC SA provided revenue guidance for the fiscal year 2021. Despite a better-than-expected start of the year and an exceptional performance in Lighters, Full-Year Net Sales outlook remains unchanged, although the company now expect to be at the high end of +5% to +7% growth objective at constant currencies. The trading environment remains volatile in Latin America, Africa and India, and the visibility of the upcoming Back-To-School is reduced due to evolving consumer shopping habits. Reported Earnings • Apr 04
Full year 2020 earnings released: EPS €2.08 (vs €3.91 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: €1.63b (down 17% from FY 2019). Net income: €93.7m (down 47% from FY 2019). Profit margin: 5.8% (down from 9.0% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Feb 19
New 90-day low: €45.68 The company is down 9.0% from its price of €49.96 on 20 November 2020. The German market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Commercial Services industry, which is up 26% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €81.41 per share. Annuncio • Feb 18
Pierre Vareille Not to Stand for Re-Election as Independent Director of Société BIC SA Société BIC SA announced that, Acknowledging that he will lose his Independent Director status after his 12 years of tenure on the Board, Pierre Vareille informed the Board that he will not stand for re-election at the Annual Shareholders' Meeting on May 19, 2021. The search for a new Chair has been initiated and Pierre Vareille’s successor is expected to be appointed as a Director at BIC's Annual Shareholders' Meeting on May 19, 2021. Alternatively, the Board would appoint one of its members to serve as interim Non-Executive Chair until the following AGM. Annuncio • Feb 13
BNP Paribas Real Estate SAS and Citallios completed the acquisition of Clichy-La-Garenne Headquarters from Société BIC SA (ENXTPA:BB). BNP Paribas Real Estate SAS and Citallios entered into an agreement to acquire Clichy-La-Garenne Headquarters from Société BIC SA (ENXTPA:BB) €175 million on November 9, 2020. The closing is expected in Q1, 2021.
BNP Paribas Real Estate SAS and Citallios completed the acquisition of Clichy-La-Garenne Headquarters from Société BIC SA (ENXTPA:BB) on February 11, 2021. Annuncio • Dec 15
Société BIC SA, Annual General Meeting, May 19, 2021 Société BIC SA, Annual General Meeting, May 19, 2021. Is New 90 Day High Low • Nov 16
New 90-day high: €50.45 The company is up 1.0% from its price of €49.90 on 18 August 2020. The German market is also up 1.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Commercial Services industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €79.27 per share. Valuation Update With 7 Day Price Move • Nov 14
Market bids up stock over the past week After last week's 16% share price gain to €49.24, the stock is trading at a trailing P/E ratio of 19.8x, up from the previous P/E ratio of 17x. This compares to an average P/E of 19x in the Commercial Services industry in Europe. Total return to shareholders over the past three years is a loss of 37%. Annuncio • Nov 11
Société BIC SA (ENXTPA:BB) signed an agreement to acquire Rocket Innovations Inc. Société BIC SA (ENXTPA:BB) signed an agreement to acquire Rocket Innovations Inc. on November 9, 2020. Société BIC will pay $40 million as an upfront payment to be paid at closing and a deferred consideration based on Rocketbook’s future performance. For the year ended March 31, 2020, Rocket Innovations reported net sales of $32 million. This agreement is contingent upon the fulfillment of certain conditions as customary in this type of transactions. The acquisition is expected to close before the end of this year. Nfluence Partners acted as financial advisor and Finn Dixon & Herling, L.L.P. acted as legal advisor to Société BIC. Tully & Holland, Inc. acted as financial advisor and Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. acted as legal advisor to Rocket Innovations. Analyst Estimate Surprise Post Earnings • Oct 30
Third-quarter earnings released: Revenue misses expectations Third-quarter revenue missed analyst estimates by 10.0% at €441.9m. Revenue is forecast to stay flat over the next year, in line with the revenue forecast for the Commercial Services industry in Germany. Reported Earnings • Oct 30
Third quarter earnings released Over the last 12 months the company has reported total profits of €113.6m, down 43% from the prior year. Total revenue was €1.72b over the last 12 months, down 12% from the prior year. Annuncio • Oct 28
Société BIC SA to Report Q1, 2021 Results on Apr 28, 2021 Société BIC SA announced that they will report Q1, 2021 results at 5:30 AM, GMT Standard Time on Apr 28, 2021 Is New 90 Day High Low • Oct 24
New 90-day low: €41.14 The company is down 15% from its price of €48.38 on 24 July 2020. The German market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Commercial Services industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €87.46 per share. Is New 90 Day High Low • Oct 05
New 90-day low: €43.34 The company is down 1.0% from its price of €43.98 on 07 July 2020. The German market is flat over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Commercial Services industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €79.74 per share.