ENXTPA:BBCommercial Services
Société BIC (ENXTPA:BB) Is Down 10.5% After Cello India Exit and Lowered 2025 Sales Outlook Has The Bull Case Changed?
Earlier this week, Société BIC announced a softer-than-anticipated third-quarter performance for 2025, revised its full-year sales outlook to a 1% to 1.5% decline at constant currency, and began divesting its Cello business in India amid ongoing strategic review efforts.
The company's move to sharpen its operational focus and exit the Cello segment comes as new CEO Rob Versloot addresses challenges in major markets, particularly the US.
We'll explore how BIC's decision to divest its Cello...