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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.)

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