France's BIC Q1 organic net sales rise 1.6%

Societe BIC SA

28/04/2026 16:56

Overview

France stationery and lighter maker's Q1 2026 organic net sales rose 1.6% yr/yr

Reported net sales fell 5.3% due to negative FX and perimeter impacts

Company calls 2026 a transitional year, with new strategy to be unveiled in September

Outlook

BIC confirms 2026 outlook, expects improving organic net sales trends

Company anticipates slight expansion in adjusted EBIT margin and stable free cash flow for 2026

BIC plans to unveil new strategic plan in September 2026

Result Drivers

NORTH AMERICA AND E-COMMERCE - Co said Human Expression segment growth was driven by strong North America performance, especially in e-commerce and specialized retailers

TANGLE TEEZER GROWTH - Tangle Teezer brand delivered 13% organic growth, with double-digit gains in North America and Europe, aided by e-commerce partnerships

LATIN AMERICA MOMENTUM - Flame for Life and Blade Excellence segments saw solid organic growth in Latin America, led by Brazil and Mexico

Company press release: ID:nGNE7Jv6st

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
EUR 453 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy", 3 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the business support supplies peer group is "buy."

Wall Street's median 12-month price target for Societe BIC SA is €53.00, about 10.9% below its April 27 closing price of €59.50

The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 10 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)