BIC 4 A P R I L
2 0 2 2
FACTSHEET
2021
Who is BIC
A world leader in stationery, lighters and shavers, BIC brings Simplicity and Joy to everyday Life. For more than 75 years, the Company has honored the tradition of providing high-quality, affordable, essential products to consumers everywhere. Through this unwavering dedication, BIC has become one of the most recognized brands and is a trademark registered worldwide. Today, BIC products are sold in more than 160 countries around the world.
10,471 employees
24 factories on 4 continents
" We create high-quality, safe, affordable, essential products,
trusted by everyone "
2021 Key Financial Figures
22 %
ofNe t Sales
ofNe t Sales
8.1%
NET SALES
OF NET SALES THROUGH NEW PRODUCTS(1)
ADJUSTED EBIT(2)NET CASH POSITION
279.8 M€
400.1 M€
DIVIDEND*
1,831.9 M€
€2.15 per share
(1) A product is considered as new during the year of its launch and the three following years.
(2) Adjusted: excluding exceptional items. | (3) Before acquisitions and disposals.
*Subject to May 2022 AGM approval
FREE CASH FLOW (3) | AEBIT MARGIN | ADJUSTED EPS |
205.7 M€ | 15.3% | €4.29 |
Long-term Financial Performance
Net Sales Evolution (in M€)
Adusted EBIT Margin Evolution (in %)
2,020.3
1,831.9
19.8%
15.3%
2017
2018
2019
2020
2021
2017
2018
2019
2020
2021
Key Non-financial Figures
KEY NON-FINANCIAL INDICATORS | 2021
% of Renewable Electricity (Writing the Future, Together Commitment: 100% by 2025) | 79%
% of recycled or alternative materials in BIC® products | 4.0%
% of reusable, recyclable, or compostable plastic in packaging | 59.6%
GHG Emissions (Scope 1, 2 - tCO2eq) - Market-based | 35,311
GHG Emissions (Scope 3 - tCO2eq) | 805,000
COMMUNITIES | -1,0
2021 Value Sharing
CAPEX | -74,9
GOVERNMENTS | -110,7
BANKS | -0,3
SHAREHOLDERS | -80,9
SUPPLIERS | -966,5
EMPLOYEES | -489,0
1
2025 Commitments to Sustainable Development
#1 By 2025, the environmental and/or societal footprint of BIC® products will be improved. The Environmental or social performances of 12 products were improved.
#3 By 2025, BIC aims for zero accidents across all operations. In 2021 there were 58 accidents across our sites.
#4 By 2025, BIC will work responsibly with its strategic suppliers to ensure the most secure, innovative and efficient sourcing. At the end of 2021 52.3% of BIC's strategic suppliers have integrated the responsible purchasing program.
#2 By 2025, BIC will use 100% renewable electricity. In 2021, BIC consumed 79% renewable electricity across the Group, compared to 80% in 2020.
#5 By 2025, BIC will improve learning conditions for 250 million children globally. The learning conditions for more than 158 million children were improved since 2018 through direct actions with children or actions with teachers.
Use of Cash Policy
Fund Profitable
GrowthEnsure Sustainable Shareholder Returns
Investment into
Operations €100M annuallyOrdinary Dividend 40% to 50% Payout Ratio
Targeted Acquisitions Average of €100M annuallyRegular Share
Buyback
Horizon Strategic Plan
THROUGH EXPANSION TO NEW CONSUMER OCCASIONS AND ADJACENT BUSINESSES, AND WITH SUSTAINABILITY
ROOTED IN PRODUCTS AND OPERATIONS,
OUR HORIZON PLAN AIMS TO FUEL BIC'S GROWTH TO 2025
Evolving focus from Stationery to HUMAN EXPRESSION, moving beyond Writing Instruments to Creative and Digital Expression
Expanding Lighters to FLAME FOR LIFE to focus on all lighting occasions, and a more Value-added driven model
Growing the One-Piece Shaver business with consumer driven and sustainable products and capitalizing on our BLADE EXCELLENCE to build a high-precision B2B blade business
Long-Term Value Creation
Consumer-Centric BrandsOpen & Responsible
Sustained and
Innovation
Balanced
Efficient, Reliable and Sustainable Global Supply
Chain
Long-Term Value Creation for All Stakeholders
Commercial Excellence
TALENTED AND ENGAGED TEAMS
Board of Directors
11
mee 2t0 in 2 g1 s in
Women*
ofminedmepbeenr d s* entofatt e 2n 0 d 2 a 1 ncein
JOHN GLEN | Interim Non-Executive Chairman GONZALVE BICH | Director & Chief Executive Officer ELIZABETH BASTONI* | Interim Independent Lead-Director VINCENT BEDHOME | Director representing BIC employees TIMOTHÉE BICH | Director
SHARE CAPITAL BREAKDOWN
DECEMBER 2021
TS r eh aa sru e sry
MARIE-PAULINE CHANDON-MOËT | Director INNA KOSTUK | Director representing BIC employees MAËLYS CASTELLA* | Director
CANDACE MATTHEWS* | Director MARIE-AIMÉE BICH-DUFOUR | Director JAKE SCHWARTZ* | Director
46% Bic ( 6 h 3 F % amofily
EDOUARD BICH | Director Representative of Société MDB
FFl r oeaet
rviogt hin tsg
)
* Independent
* In accordance with the APEP-MEDEF code, Directors who represent employees were not considered when assessing the ratio of independents and women.
Executive Committee
GONZALVE BICH | Chief Executive Officer CHAD SPOONER | Chief Financial Officer
FRANÇOIS CLÉMENT-GRANCOURT | Group Lighters General Manager GARY HORSFIELD | Group Supply Chain Officer
SARA LAPORTA | Chief Strategy & Business Development Officer THOMAS BRETTE | Group Partnerships and New Business Officer ELIZABETH MAUL | Group Insights, Innovation & Sustainability Officer CHESTER TWIGG | Group Commercial Officer
MALLORY MARTINO | Chief Human Resources Officer CHARLES MORGAN | Chief Administrative Officer
Worldwide Manufacturing Footprint
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
BIC SA published this content on 16 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 April 2022 12:56:06 UTC.
