Bic : Présentation du Groupe pour investisseurs (en anglais) Q3 2021
November 04, 2021
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GROUP PRESENTATION FOR
INVESTORS
November 2021
1
Q3 2021 RESULTS HIGHLIGHTS
Q3 2021 KEY TAKEAWAYS
Q3 results exceeded our expectations, 9 months Net Sales on a comparative basis above 2019 levels in almost all regions - Full Year 2021 Net Sales guidance further upgraded
Mid-singledigit growth in the U.S pocket lighter market and solid performance in Latin America drove Flame for Life growth
Human Expression Net Sales led by double-digit increases in Europe, Latin America, Middle-East & Africa and India, and outstanding performance from our recent acquisitions (Rocketbook in the U.S and Lucky Stationery in Nigeria)
Blade Excellence performance driven by Latin America: double-digit Net Sales growth of our added- value products.
Strong performance in e-commerce, with all channels and regions contributing. Accelerated growth in
Developing countries.
Adverse Raw Material price increases offset by savings from the Invent the Future transformation plan combined with ongoing manufacturing efficiencies
Sustained Free Cash Flow generation driven by solid Cash from Operations
3
Q3 & 9M 2021 KEY FINANCIAL FIGURES
NET SALES
Q3 2021
478.4 M€
Change at CC(1)
+8.5%
Change at CB (2)
+5.0%
9M 2021
1,395.1 M€
Change at CC (1)
+19.8%
Change at CB(2)
+16.1%
ADJUSTED EBIT
ADJUSTED
FREE CASH
Margin %
EPS
FLOW
Q3 2021
Q3 2021
Q3 2021
82.5 M€
1.28€
128.6 M€
17.2%
+21.9%
9M 2021
9M 2021
9M 2021
248.6M€
3.80€
232.3 M€
17.8%
+30.1%
*Before acquisitions and disposals
4
CATEGORY SPOTLIGHTS
HUMAN EXPRESSION
Stationery Market Evolution
Total Market
BIC share
(value)
(pts)
France
+3.1%
+0.1
UK
+2.2%
+2.1
US
+16.8%
-1.1
Brazil
-19.6%
+1.9
Mexico
+6.5%
+1.0
Stationery E-commercesell-out - 9M 2021
France
45%
42%
US
5%
12%
BIC
Market
FLAME FOR LIFE
Lighters Market Evolution
Total Market
BIC share
(value)
(pts)
France
+3.5%
-1.2
US (total)
+4.3%
+1.0
Brazil
+15.9%
-0.9
% share of BIC Utility Lighters sales
Total Group North America
15%
12%
12%
10%
9M 20
9M 21
9M 20
9M 21
BLADE EXCELLENCE
Shaver Market Evolution
Market
BIC share
(value)
(pts)
France
-1.2%
-0.3
UK
-7.6%
Flat
US
-1.5%
-2.2
Brazil
+2.0%
-0.1
Mexico
+7.7%
-0.4
Shavers E-commercesell-out in the US - 9M 2021
19% 9%
BIC
Market
5
(*): in value - see slide 81 for market data sources
Pour lire la suite de ce noodl, vous pouvez consulter la version originale ici.
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Disclaimer
BIC SA published this content on 05 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 November 2021 14:46:03 UTC.
Bic is one the world leading manufacturers of stationery, lighters and razors. Net sales break down by family of products as follows:
- lighters (38%);
- stationery (37%): ballpoint pens, pencils, mechanical pencils, felt-tip pens, correction pens, erasers, permanent markers, glues, adhesive notepads, etc.;
- razors (24%);
- other (1%).
Net sales are distributed geographically as follows: Europe (30%), North America (39%), Latin America (20%), Middle East and Africa (7%), Oceania and Asia (4%).
BIC 
