GROUP PRESENTATION FOR

INVESTORS

November 2020

1

Q3 & 9M 2020 RESULTS

HIGHLIGHTS

Q3 AND 9M 2020 KEY MESSAGES

  • Improved performance in the Third Quarter, fueled by Europe and North America with robust mid-single-digit Net Sales growth
    • Strong growth in U.S. Lighters driven by replenishments orders
  • Continued resilience in Shavers with market share gains in key markets such as U.S. and Brazil
  • Soft Back-to-Schoolseason affecting our Stationery business
  • Latin America, Middle East and Africa and India heavily impacted by mobility restrictions and lower consumer spending
  • E-CommerceNet Sales up 15%, boosted by Pure Players, Market Places and Direct-to-Consumer
  • Rigorous control of Operating Expenses
    • On track to achieve the actions announced in May
  • Strong Operating Cash Flow Generation
    • Improved Working Capital
    • Reduced CAPEX
  • Continued progress in the implementation of our Operating Model
    • Move towards an indirect model in five Latin American countries to gain efficiency
    • Djeep integration process on track to deliver the expected synergies

3

Q3 AND 9M 2020 KEY FIGURES

NET SALES

NORMALIZED IFO

Change on a

NIFO Margin %

comparative basis %

Q3 2020

Q3 2020

441.9M€

83.3 M€

-3.5%

18.9%

9M 2020

9M 2020

1,217.8 M€

176.2 M€

-13.2%

14.5%

NORMALIZED EPS

NET CASH FROM

NET CASH

OPERATING

ACTIVITES

POSITION

Q3 2020

1.05€ (-29.1%)

9M 2020

9M 2020

231.3M€

128.1M€

9M 2020

(+0.7% year-on-year)

2.92€ (-25.7%)

4

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BIC SA published this content on 08 December 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 December 2020 16:12:01 UTC