BIC (BB) Investor presentation summary
Event summary combining transcript, slides, and related documents.
Investor presentation summary
25 Sep, 2026Strategic vision and business overview
Aims to lead in beautiful, better everyday essentials, focusing on stationery, lighters, shavers, and brushes.
Present in over 160 countries, selling 26 million products daily with more than 11,000 employees.
2025 net sales reached €2,090m, with a 13.6% adjusted EBIT margin and €222m free cash flow.
Launched new strategic plan to 2030, emphasizing innovation, brand elevation, and global expansion.
Market position and product categories
Holds 8% global market share in stationery, 9% in lighters, 7% in shavers, and 6% in brushes.
Key brands include BIC, Tipp-Ex, Wite Out, DJEEP, Flex Soleil, and Tangle Teezer.
Over 95% of products are manufactured in-house across 18 sites on five continents.
Financial performance and shareholder returns
H1 2026 organic growth of +1.7%, with all categories and regions contributing.
H1 2026 net sales at €1,040m, adjusted EBIT margin at 16.0%, and free cash flow at €64m.
2025 dividend payout ratio at 51%, with a €2.40 ordinary dividend and up to €40m share buyback in 2026.
2026 outlook anticipates modest organic growth, adjusted EBIT margin above 14%, and stable free cash flow.
Latest events from BIC
- Transformation targets 3% sales CAGR, >15.5% EBIT margin, and €250m+ FCF by 2030.BB
Strategic update - H1 2026 saw 1.7% organic growth, higher margins, strong cash flow, and an upgraded outlook.BB
Q2 2026 - All resolutions passed as the company pivots to new strategy, governance, and sustainability priorities.BB
AGM 2026 - Resilient 2025 performance, strong cash flow, and renewed growth in Q1 2026.BB
Investor presentation - Q1 2026 organic net sales grew 1.6%, led by Tangle Teezer and broad regional gains.BB
Q1 2026 - 2024 sales hit €2.2bn, with strong margins, cash flow, and leadership in core categories.BB
Investor presentation - Net sales fell 0.9% to €2,090m, but Free Cash Flow and Tangle Teezer growth remained strong.BB
Q4 2025 - Q2 growth and strong Tangle Teezer results offset H1 sales and margin pressures.BB
Q2 2025 - Stable EBIT margin and improved cash flow in H1 2024, led by growth outside North America.BB
Q2 2024