Societe BIC

Societe BIC designs, manufactures and distributes the following consumer products: stationery products, lighters, shavers, and other products. Its stationery products include writing instruments such as ball pens, felt pens, mechanical pencils; marking instruments; coloring and drawing instruments; correction instruments and glues. Co.'s stationery products are sold under the BIC® Kids, Tipp-Ex®, Wite-Out®, Sheaffer® and PIMACO® brands. Its other products segment includes promotional products including notebooks, key rings, magnets, and drinkware; Sport sales (surfboards, windsurf boards, kayaks and sailboats); adhesive labels and adhesive raw materials.
  • TickerBB
  • ISINFR0000120966
  • ExchangeEuronext Paris
  • SectorHousehold Goods & Home Construction
  • CountryFrance

Analysts

With a more favourable environment, BIC SA improves to Slightly Positive

BIC SA (FR), a company active in the Nondurable Household Products industry, is favoured by a more supportive environment. The independent financial analyst theScreener has confirmed the fundamental rating of the title, which shows 3 out of 4 stars, as well as its unchanged, moderately risky market behaviour. The title leverages a more favourable environment and raises its general evaluation to Slightly Positive. As of the analysis date July 19, 2019, the closing price was EUR 67.50 and its potential was estimated at EUR 79.24.

Cedric Rossi

BIC | NEUTRAL | EUR90 vs. EUR92 Gradual recovery expected despite ongoing volatile market condition

BIC | NEUTRAL | EUR90 vs. EUR92 Gradual recovery expected despite ongoing volatile market condition

Christophe Chaput

Bic : A first disappointing quarter

>A disappointing Q1: underlying operating profit of € 54.5m vs € 65.8me - For its Q1, Bic reported results which were disappointing and below expectations. 1/ Consolidated sales came in at € 415.4m, stable compared to the previous year while we had forecast € 428.7m (consensus € 420.5m). The difference is linked to organic growth which dropped 2% while our estimates were based on an increase of 1.3% (0.4% for the css). 2 / The normalised operating profit fell by 21.6%...

Cedric Rossi

BIC: Tough start to the year | NEUTRAL | EUR92 (+12%)

BIC - NEUTRAL | EUR92 (+12%) Tough start to the year Q1 sales declined by 2% LFL dragged by Stationery and Lighters NIFO margin eroded by 360bp to 13.1% (CS: 15.3%e) FY19 outlook confirmed, but limited visibility at this stage First results of the 2022 Plan would only emerge gradually

Christophe Chaput

Bic : Un premier trimestre décevant

>Un T1 décevant : ROC 54.5 M€ vs 65.8 M€ estimés - Au titre de son premier trimestre, le groupe Bic publie des résultats décevants et inférieurs aux estimations. 1/ Le chiffre d’affaires consolidé ressort à 415.4 M€, stable par rapport à l’an dernier alors que nous retenions 428.7 M€ (consensus 420.5 M€). La différence est liée à la croissance organique qui est en baisse de 2% alors que nos estimations étaient basées sur une progression de 1.3% (0.4% pour le css). 2/ ...

Christophe Chaput

Bic : Des résultats 2018 en ligne avec la guidance avec un bon T4. Les guidances 2019 visent néanmoins une MOP au mieux quasi stable

>Résultats T4 supérieurs aux attentes : ROC 87.1 M€ vs 78.3 M€e - Au titre de son T4, le groupe Bic publie des résultats globalement supérieurs aux attentes. Ceux-ci se caractérisent par (cf. détails par division page suivante) : Une progression du chiffre d’affaires de 2.7% à 511 M€ en sachant qu’à périmètre et change constants, la hausse serait de 5.4% ce qui est une bonne performance, proche des tendances constatées au T3 (+5.2%). Pour notre part, nous retenio...

1 director bought

A director at Bic Sa bought 20,000 shares at 76.767EUR and the significance rating of the trade was 100/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of board memb...

Alain William ...
  • Aurelien Sivignon
  • Benoit Valleaux
  • Charles Lepetitpas
  • Christophe Chaput
  • Christophe-Raphaël Ganet
  • Emmanuel Matot
  • Jean-François Granjon
  • Jeremy Garnier
  • Jerôme Bodin
  • Louis Boujard
  • Nicolas David
  • Philippe Ourpatian
  • Roland Pfaender
  • Stephane Houri

ODDO BHF Small & MIDCAP MORNING NEWS - 04/25/2019

...

Alain William ...
  • Aurelien Sivignon
  • Benoit Valleaux
  • Charles Lepetitpas
  • Christophe Chaput
  • Christophe-Raphaël Ganet
  • Emmanuel Matot
  • Jean-François Granjon
  • Jeremy Garnier
  • Jerôme Bodin
  • Louis Boujard
  • Nicolas David
  • Philippe Ourpatian
  • Roland Pfaender
  • Stephane Houri

ODDO BHF Small & MIDCAP MORNING NEWS - 25/04/2019

...

Alexandre Iatrides ...
  • Alfred Glaser
  • Aurelien Sivignon
  • Christophe Chaput
  • Christophe-Raphaël Ganet
  • Delphine Brault
  • Emmanuel Matot
  • Florent Laroche-Joubert
  • Geoffroy Michalet
  • Jean Sassus
  • Jean-Baptiste Rouphael
  • Jeremy Garnier
  • Nicolas Thorez
  • Oussema Denguir
  • Pierre Corby
  • Steven Gould
  • Valentin Pernet

ODDO BHF Small & MIDCAP MORNING NEWS - 02/13/2019

...

Alexandre Iatrides ...
  • Alfred Glaser
  • Aurelien Sivignon
  • Christophe Chaput
  • Christophe-Raphaël Ganet
  • Delphine Brault
  • Emmanuel Matot
  • Florent Laroche-Joubert
  • Geoffroy Michalet
  • Jean Sassus
  • Jeremy Garnier
  • Nicolas Thorez
  • Oussema Denguir
  • Pierre Corby
  • Steven Gould

ODDO BHF Small & MIDCAP MORNING NEWS - 13/02/2019

...

Christophe Chaput ...
  • Jeremy Garnier

ODDO BHF Small & MIDCAP MORNING NEWS - 12/13/2018

...

With a more favourable environment, BIC SA improves to Slightly Positive

BIC SA (FR), a company active in the Nondurable Household Products industry, is favoured by a more supportive environment. The independent financial analyst theScreener has confirmed the fundamental rating of the title, which shows 3 out of 4 stars, as well as its unchanged, moderately risky market behaviour. The title leverages a more favourable environment and raises its general evaluation to Slightly Positive. As of the analysis date July 19, 2019, the closing price was EUR 67.50 and its potential was estimated at EUR 79.24.

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the week...

Expert Corporate Governance Service (ECGS)

BIC - AGM and EGM 22 May 2019

GOVERNANCE In May 2018, Bruno Bich resigned as Chairman and Chief Executive Officer and was replaced by his son, Gonzalve Bich, as Chief Executive Officer and Pierre Vareille as Chairman of the Board. As a result, the functions of Chairman and Chief Executive Officer are now separated, allowing us to support the renewal of Gonzalve Bich (resolution 6).  However, we will not support the appointment as a member of the Board of Marie-Aimée Bich-Dufour, Deputy CEO until 31 March 2019, because it is not sufficiently independent and because the Bich family is slightly over-represented on the Board...

Charles Pinel

Bic - Assemblée générale des actionnaires du 22 mai 2019

GOUVERNANCE En mai 2018, Bruno Bich a quitté ses fonctions de Président-Directeur Général et a été remplacé par son fils, Gonzalve Bich, comme Directeur Général et par Pierre Vareille comme Président du Conseil. Par conséquent, les fonctions de Président et de Directeur Général sont désormais séparées, ce qui nous permet de soutenir le renouvellement de Gonzalve Bich (résolution 6). En revanche, nous ne soutiendrons pas la nomination au conseil de Marie-Aimée Bich-Dufour, Directrice Générale Déléguée jusqu'au 31 mars 2019, car celui-ci n'est pas suffisamment indépendant et car la famille Bic...

Bic – Proxinvest Corporate Governance Rating ® : C

Proxinvest Corporate Governance Rating ® helps investors integrate governance into their investment decision and identify governance risks and opportunities within their portfolio. Proxinvest Corporate Governance Rating ® Service rates European issuers through the analysis of four main themes : Ownership & Shareholder rights, Board & Committees, Audit & Process, Remuneration. Each theme is rated taking into account several comprehensive sub-categories. Our unique two-step process to achieve each rating includes a first step quantitative valuation and a second step qualitative filter...

Charles Pinel

Proxy Report - 16/05/2018

The company will dissociate the functions of the Chairman of the Board and the CEO after Bruno Bich’s leaving. We support the candidacy of Pierre Vareille as Chairman of the company, as well as Gonzalve Bich as CEO (resolutions 9 and 10). Due to the lack of a majority of independant members in the Board, and a slight overrepresentation of Bich’s family at the Board, we recommend the opposition to the renewals of Marie-Henriette Poinsot, and the MBD family holding (resolutions 7 and 8). Concerning the executive compensation, Proxinvest regrets a lack of transparency about long-term compensati...

Charles Pinel

Proxy Report - 16/05/2018

Avec le départ de Bruno Bich qui interviendra à la présente assemblée générale, la société dissocie les fonctions de Président du conseil et de Directeur Général. Nous soutenons par conséquent la candidature de Pierre Vareille pour la fonction de Président du conseil, et celle de Gonzalve Bich au poste de Directeur général (résolutions 9 et 10). En raison de l'absence d'une majorité de membres libres de conflits d'intérêt potentiels et d'une légère sur-représentation au conseil de la famille Bich qui est représentée par 5 membres, soit 45,5% du total des sièges, alors qu'elle ne détient que 4...

Matthieu DRIOL

Analyse court terme - BIC : La tendance est haussière.

La tendance est haussière. La progression des cours se poursuit. Les objectifs sont à 83,35 € puis 84,95 €. La rupture de 72,98 € mettrait la tendance en danger.

Matthieu DRIOL

Short term view - BIC : The trend is bullish.

The trend is bullish. Prices are making further progress. The targets are at €83.35 and then €84.95. The break of €72.98 would endanger the trend.

Matthieu DRIOL

Analyse court terme - BIC : La progression des cours se poursuit.

La tendance est haussière. La progression des cours se poursuit. Les objectifs sont à 83,35 € puis 84,95 €. La rupture de 72,98 € mettrait la tendance en danger.

Matthieu DRIOL

Short term view - BIC : Prices are making further progress.

The trend is bullish. Prices are making further progress. The targets are at €83.35 and then €84.95. The break of €72.98 would endanger the trend.

Matthieu DRIOL

Analyse moyen terme - BIC : La tendance est baissière.

La tendance est baissière. Le rebond gagne en vigueur. Il est probable que cette reprise s'achève sur la résistance à 84,95 € et que les prix baissent à nouveau vers 70,15 €. La tendance de fond serait remise en cause en cas de franchissement de 84,95 €.

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