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

3 directors sold after exercising options/sold

Three Directors at Bic Sa sold after exercising options/sold 13,481 shares at between 81.900EUR and 82.250EUR. 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 restr...

Bic - Assemblée générale des actionnaires du 22 mai 2019

Proxinvest publiera une étude analysant les résolutions proposées lors de la tenue de l’assemblée générale des actionnaires. Vous pouvez l'acquérir dès à présent et elle vous sera adressée par ResearchPool une fois publiée.

Cedric Rossi

BIC adapts to the digital and fast-changing environment | NEUTRAL | EUR92

BIC - NEUTRAL | EUR92(+2%) BIC adapts to the digital and fast-changing environment Underlying trends remain positive in most categories Digitalization goes beyond eCommerce Gradual ramp-up with a full impact expected from 2022 Minor forecast adjustments over FY19-20

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...

Cedric Rossi

BIC: Prudent FY19 targets despite a reassuring end of 2018 | NEUTRAL | EUR92

BIC - NEUTRAL | EUR92(+6%) Prudent FY19 targets despite a reassuring end of 2018 Q4 organic growth topped CS expectations Likewise for Q4 NIFO margin The 2022 Roadmap starts with cautious FY19 targets BIC 2022: leaner, more agile and digitalized

Cedric Rossi

BIC adapts to the digital and fast-changing environment | NEUTRAL | EUR92

BIC - NEUTRAL | EUR92(+2%) BIC adapts to the digital and fast-changing environment Underlying trends remain positive in most categories Digitalization goes beyond eCommerce Gradual ramp-up with a full impact expected from 2022 Minor forecast adjustments over FY19-20

Cedric Rossi

BIC: Prudent FY19 targets despite a reassuring end of 2018 | NEUTRAL | EUR92

BIC - NEUTRAL | EUR92(+6%) Prudent FY19 targets despite a reassuring end of 2018 Q4 organic growth topped CS expectations Likewise for Q4 NIFO margin The 2022 Roadmap starts with cautious FY19 targets BIC 2022: leaner, more agile and digitalized

Christophe Chaput

Bic : 2018 results in line with the guidance with a good Q4. But the 2019 guidance targets a flat operating margin at best

>Q4 results better than expected: underlying operating profit of € 87.1m vs € 78.3me - For Q4, BIC reported results that are broadly better than expected. These are characterised by (see details by division) : sales growth of +2.7% to € 511m, with an increase on like-for-like of +5.4% which is a good performance, in line with the trends seen in Q3 (+5.2%). We had forecast sales of € 516.3m and the consensus € 504.3m (+2.3% l-f-l). For the full year, l-f-l growth ...

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...

Christophe Chaput

Bic : Organisational review launched to improve group's efficiency and underpin long-term growth

>Review of efficiency and growth potential kicked off - In a press release published yesterday evening, Bic announced an organisational review to improve its operational efficiency and underpin its long-term profitable growth.A dedicated team has been created to conduct a comprehensive review of the group's organisation and define an action plan to make these targets a reality. The results of this review will be communicated in Q1 2019. In detail, we note that th...

3 directors sold after exercising options/sold

Three Directors at Bic Sa sold after exercising options/sold 13,481 shares at between 81.900EUR and 82.250EUR. 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 restr...

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

...

Christophe Chaput ...
  • Jeremy Garnier

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

...

Alexandre Iatrides ...
  • Aurelien Sivignon
  • Benoit Valleaux
  • Charles Lepetitpas
  • Christophe Chaput
  • Fatma Agnès Hamdani
  • Jean-François Granjon
  • Jeremy Garnier
  • Nicolas David
  • Oussema Denguir
  • Pierre Corby

ODDO BHF Small & MIDCAP MORNING NEWS - 24/10/2018

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BIC SA sees a downgrade to Slightly Negative on account of less fundamental stars

The independent financial analyst theScreener just lowered the general evaluation of BIC SA (FR), active in the Nondurable Household Products industry. As regards its fundamental valuation, the title now shows 1 out of 4 stars while market behaviour can be considered moderately risky. theScreener believes that the title remains under pressure due to the loss of a star(s) and downgrades its general evaluation to Slightly Negative. As of the analysis date January 25, 2019, the closing price was EUR 85.25 and its target price was estimated at EUR 77.86.

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...

Bic - Assemblée générale des actionnaires du 22 mai 2019

Proxinvest publiera une étude analysant les résolutions proposées lors de la tenue de l’assemblée générale des actionnaires. Vous pouvez l'acquérir dès à présent et elle vous sera adressée par ResearchPool une fois publiée.

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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