Capital Com MENA Securities Trading LLC is regulated by the Capital Market Authority.
Open platformOpen platform

BIC Q3 net sales fall on weaker lighter demand, stationery softness; confirms 2026 outlook

By Reuters News


Overview

  • France stationery and lighter maker's Q3 net sales fell 0.6% organically to €516 mln

  • Company saw growth in shavers and brushes, offset by declines in lighters and stationery

  • 2026 outlook confirmed, with modest organic growth and adjusted EBIT margin above 14%


Outlook

  • BIC confirms 2026 outlook for modest organic growth and adjusted EBIT margin slightly above 14.0%

  • Company expects stable Free Cash Flow year-on-year for 2026


Result Drivers

  • SHAVERS & BRUSHES GROWTH - Blade Excellence division grew 3.9% organically, driven by strong performance in Tangle Teezer and premium shavers in Europe

  • LIGHTERS DECLINE - Flame for Life division saw a 4.6% organic sales drop, with weak performance across all major regions, particularly Europe and Latin America

  • STATIONERY SOFTNESS - Human Expression division declined 1.1% organically, with growth in Europe and Middle East & Africa offset by softer performance in North America and Latin America


Company press release:


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Revenue

EUR 516 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 €70.90, about 7.8% above its October 27 closing price of €65.80

  • The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 12 three months ago


Reuters Recommended Reads

  • Oct 28 - Higher prices lift Danone third-quarter sales

  • Oct 28 - France's Remy Cointreau H1 sales rise, helped by Cognac growth in Asia

  • Oct 28 - Germany's Symrise Q3 organic sales rise 5.3% on higher volumes


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(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.)

Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.

The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.

To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.

Any information which could be construed as “investment research” has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication.