BIC drops on 'disappointing' 2026 outlook

Societe BIC SA

25/02/2026 09:12

** Shares in BIC BICP.PA drop almost 6% after the French manufacturing group posted FY update including "disappointing" 2026 outlook, as per Kepler Chevreux

** Yearly adjusted EBIT of 283 million euros ($333.71 million) was 4 million behind company-compiled consensus, net sales of 2.09 billion euros were in line

** Full year net sales dropped 4.7% organically vs. the 4.4% drop seen in consensus

** For 2026 BIC sees improving organic net sales trends, a slight expansion in adjusted EBIT margin, as well as stable free cash flow

** "The outlook is a little disappointing," Kepler Chevreux analyst said when asked by Reuters

** An analyst based in Paris said the outlook implies that organic growth in 2026 will be probably still in the negative territory while consensus was at +0.8%

** Shares are on track for worst day since late October, if losses hold, stock at the bottom of France's SBF 120 Index .SBF120

($1 = 0.8480 euros)

(Reporting by Michal Aleksandrowicz)

((michal.aleksandrowicz@tr.com))