Brief: Bic Expects Adjusted EBIT Margin Above 15.5% By 2030
BRIEF-Bic Expects Adjusted EBIT Margin Above 15.5% By 2030 Sept 7 (Reuters) - Societe BIC SA BICP.PA:
OUTLOOK 2030: FREE CASH FLOW OF MORE THAN EUR 250 MILLION
OUTLOOK 2030: ORGANIC NET SALES CAGR OF AROUND 3% OVER 2026-2030
EXPECTS ADJUSTED EBIT MARGIN OF MORE THAN 15.5% BY 2030
PROGRAM WILL REQUIRE A C.EUR 100 MILLION TARGETED OPEX INVESTMENT OVER 2027-2030
OUTLOOK 2030: CUMULATIVE FREE CASH FLOW OF €900 MILLION TO €950 MILLION OVER 2027–2030
EXPECTS BY 2030 GROWING DIVIDEND, 40 TO 50% ADJUSTED EPS PAYOUT RATIO
COSTS FRONT-LOADED IN 2027 AND 2028, EUR 80 MILLION IN ANNUALIZED RECURRING SAVINGS BY 2030
Further company coverage: BICP.PA
(Gdansk Newsroom)
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Brief: Bic Expects Adjusted EBIT Margin Above 15.5% By 2030
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