We held PIMACO for a little bit over a decade, did really well did a lot of -- did what we needed it to do, while we held it in PIMACO -- when we held it in Brazil. Brand support was higher by 1.0 points, as we continue to invest in our brands to support short and long-term growth. Excluding 2020 under absorption of fixed cost due to the COVID-19 pandemic and Rocketbook, the gross profit margin variance was flat versus last year. This increase was driven by the strategic inventory we said we would invest in, and an increase in stationery inventories ahead of the 2022 back-to-school, sell-in which our customers have asked for earlier delivery given the uncertainty of global supply chain constraints and delivery issues. The adjusted EBIT margin has been favorably impacted by 0.3 points from operating leverage from net sales growth. First, we will increase volumes, which will positively impact our fixed cost absorption. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. Of course, we will continue to push ahead to achieve greater performance in e-commerce. Please go ahead. From a mid-term perspective I think that we could think about BIC Blade-Tech accounting for between one-fourth and one-third of total Blade Excellence sales. Our adjusted EBIT was a 101.9 million with a 19.8% margin. And what I want to say is, this is all a proof point we've talked a lot about our RGM efforts, our revenue growth management. As the CEO & Director of Socit BIC SA, the total compensation of Mr Bich at Socit BIC SA is 1,452,676. Trade and other receivables increased by 49.3 million and ended the period at 476.9 million as a result of strong net sales growth. We've totally changed our approach to innovation, new technology and partnerships in a way that's yielding tangible results and promising opportunity set. En mai 2018, il cde sa place son fils Gonzalve, devenu directeur gnral. Thanks to three-blade products such as Comfort 3 and Simply Soleil. En 1945, la socit PPA (Porte-plume, Porte-mines et Accessoires) est cre par Marcel Bich. We also held or gained share in fast-growing European countries like Poland, Turkey and Russia in shavers where our Hybrid and Flex ranges outperformed the market. Next question comes from the line of Marie Fort from Societe Generale. That's all for my questions. And so taking into account the B2B business what sort of margin could we expect for the Shaver business in the mid to long term? And looking at the Lighter U.S. markets for the full-year, I think you should expect mid to high-single-digit decline in absolute term, what are the main driver of such a decline? Net sales were 168.3 million up 25.4% at constant currencies, and adjusted EBIT was 11.4 million with a 6.8% margin. On Slide 10, we see the main elements in working capital. On that note, here's Chad who will now -- who will step in now to present our operational and consolidated financial results. Although the recent acceleration of input cost inflation is expected to have a negative impact on operating margins, I'm confident in our ability to take the necessary actions to mitigate this impact. We increased our digital first capabilities to further allow us to dialogue with a new generation of consumers and we launched several products innovations while continuing to invest in future capabilities. While there are number example to illustrate this, I would highlight the expectional performance of our US Lighter business, the remarkable growth of our recent acquisition Rocketbook and Lucky Stationery in Nigeria, and our solid performance in Latin America. There's other things that we could be doing. Gonzalve received a Bachelor of Arts degree from Harvard Unive rsity. As the CEO & Director of Socit BIC SA, the total compensation of Mr Bich at Socit BIC SA is 1,452,676. Gonzalve Bich has served as Chief Executive Officer of Societe BIC S.A. since May 2018. . Updating coloring. The performance of our Flame for Life division should come from growth across all regions including the U.S. Thank you for your questions. In 2021, we shifted gears in e-commerce and grew BIC e-commerce net sales by 21%. He was Chief Operating Officer (COO), responsible for BIC Group Consumer Business, Human Resources and I.T. In Lighters, the increase in pocket US lighters should be on average mid single-digit and implemented between February and May in modern mass and convenience channels. So very much a strong contributor to the total division in the mid-term and accretive to profit margins. Check BackgroundGet Contact InfoThis Is Me - Edit I don't think so. Our consistent with our Horizon Plan, we successfully executed our RGM strategy, which is key in an inflationary market. But when you listed the price hikes that you intend to pass through in 2022, the line was not great. And we could potentially have some new product announcements that Nicolas talked about or asked about a second ago, that would fuel 2023 and might even have a pipeline in December. Now before I conclude with our 2022 financial outlook, I'd like to share the factors that will underpin our financial performance this year. Gonzalve Bich Gonzalve Bich Published Oct 3, 2018 . Gonzalve Bich is the CEO & Director at Socit BIC SA. My third question is concerning Rocketbook. This decline is mainly explained by 4.1 points of negative impact from raw material costs and sea and airfreight costs, which ended higher than we communicated last October. And so we're not afraid to sometimes do those smaller bolt-ons. The successful integration of recent acquisitions also drove performance, as Rocketbook net sales grew 55% and Lucky pens in Nigeria grew more than 100%. Our sell-in performance was driven by strong results from premium products, such as the flex and solely ranges in Europe. And if you go back a few years prior to that we also disposed of BIC Sport. Hi, Nicolas. Trade and other receivables ended at 418 million. And we maintain our target of over 200 million of free cash flow. Thank you. And do you expect to fully offset that -- to fully offset that increase through the adjustment you mentioned before? While remaining committed to our mission, providing everyday essentials that bring simplicity and joy at people's lives all around the world. And if you go to the website, you dig around, you're going to find a lot of different things. This is a tremendous performance boosted by the groundbreaking Snoop and Martha advertising campaign, which clearly resonated with consumers. We also held share in the one-piece shavers segment outpacing the strategic three-blade segment in both countries. Improved market dynamics in the US, a rebound in both traditional and modern mass channels in Europe and strong growth in Latin America drove the division's performance. H2, very clear, will grow. This next slide summarizes the evolution of our net cash position between December of 2021 and March 2022. Now before opening the floor to questions, I'd like to take a step back to reflect on the main themes that stand out during this presentation with three words: momentum, determination and growth. We're confident that we're going to grow net sales in both of these divisions in Q2, which is going to lead to that stronger H1 that we've always talked about. Gonzalve Bich Director and Chief Executive Officer CHAD SPOONER Chief Finance Officer Sara LaPorta Stratgie et Dveloppement Business CHESTER TWIGG Group Commercial Officer ELIZABETH MAUL Group Insights, Innovation & Sustainability Officer GARY HORSFIELD Group Supply Chain Officer FRANOIS CLMENT-GRANDCOURT Group Lighters General Manager The adjusted EBIT margin was 19.8% compared to 14.7% in Q1 of 2021. And in shave, I'm proud to say that BIC Soleil Escape, a new women's razor, offering a novel multi-sensory experience, boosted sales performance in the U.S., as soon as it launched. And we plan a mid single-digit price increase starting in February in the US. My name is Jess and I'll be your coordinator for today's event. Thank you, Gonzalve. Now let me give the floor back to Gonzalve. I'd also mention the outstanding execution of our e-commerce teams worldwide, particularly in developing countries where sales growth was more than 60%. Net cash from operating activities was 280.6 million including 410.3 million in operating cash flow and 129.7 million of negative impact from the change in working capital and others. So we're definitely not afraid. We all know that in mass manufacturing business like BIC, that translates into mid and long term sustainable savings, which can either be reinvested into the business or dropped to the bottom line. Thank you again for your question and see you soon. Can you be a bit more specific? However, in shave, online sales grew more than 50%, notably driven by North America. The 84.9 million increase was driven by the 2022 back-to-school sell-in stock build, which we told you about last year. Can this include some disposals as well, or are you only talking about potential external growth? How do you see the profile for Q2 for Lighter and Shavers? The perimeter impact adjustments are mainly driven by the acquisitions of Rocketbook 3.4 points, partially offset by the Pimaco divestiture and Asian business closures. Full year 2021 Blade Excellence adjusted EBIT margin improved 1.9 points, thanks to manufacturing and raw material efficiencies and more efficient brand support, notably in the US where we successfully chose to improve the balance between promotional support visibility and profitability. So that's from the topline. And as Gonzalve mentioned that could have -- that will have an anticipated 50 to 80 basis points negative impact on our margins in 2022. As I reflect on what we achieved, the four things that stand out for me are; net sales growth, our resilience to external headwinds, our continued progress on sustainability, and maintaining our strong cash flow. The full year gross profit margin increased by 2.7 points at 50.8% for 2021, compared to 48.1% in 2020. We ended up with lower CapEx spend than initially anticipated due to supply chain issues which affected our ability to realize our initial investment plans. En 1950, l'entreprise sempare du brevet du stylo bille et commercialise le Bic cristal. Please. Now let me give the floor back to Gonzalve. So you should expect more of that from us in 2022. Can you repeat them and tell us how much pricing will contribute to your 7% to 9% sales growth at constant currencies in 2022? Through this, we continue to enter untapped into rich areas for growth, fueling our ascension into added value segments. As Gonzalve mentioned earlier, we successfully reached our Invent the Future plan operational and financial targets one year ahead of when we committed to. He moved on to serve as Group People Development Director before joining the Shaver Category as Group Shaver Marketing Director. Third on Lighter, what is the current levels of inventory in the U.S. vis -a - vis China? In 2012, he was named Deputy General Manager, responsible . We've reframed our historical approach by category, to include incremental, fast-growing adjacencies and made some active moves there in bringing in Rocketbook and Inkbox, as we build out new division. Good morning, Nicolas. What is the salary of Mr Bich? There are 10 executives at Socit BIC SA getting paid more, with Gonzalve Bich having the highest compensation of $1,648,089. You may now disconnect your lines. [Indiscernible] Thank you. We achieved our objective 50 million cost savings, thanks to improved efficiency of our commercial operations and global supply chain in 2021. So this ends our call today. And lastly, free cash flow before acquisitions and disposals stood at 205.7 million. Aprs le dcs fin mai 2021 de Bruno, le fils du fondateur, son fils Gonzalve et sa famille conservent 45,6% du gant des stylos, briquets et rasoirs (CA: 1,6milliard). Since the launch of the plan, we acquired two fast-growing companies Rocketbook and Inkbox, in addition to Djeep bought in June of 2020. You ended the year with 400 million of net cash and you did not distribute any extraordinary dividend. We will also see further innovations such as the sustainable BIC Click Soleil, five shaver developed with Avient as mentioned earlier. And our net cash position at the end of March of 2022 was 340.1 million. That's our expectation, but it's going to be at a lower rate to get us to that top end of the 7% to 9% growth rate for the full year, than H1 of course. And as Gonzalve said, the actions that we're taking not only and RGM, but also the increase in revenue, we think will help offset this inflationary pressures, such that we can grow our adjusted EBIT on a value basis, and also our earnings-per-share. That would be definitely a low point for you to consider, that's a very fair assumption. And you shouldn't -- that would not be something we'd anticipate in the future at those rates. It's really important as always that we ensure that customers have just the right inventory, not too much, not too little. We started 2022 with strong momentum. labor shortages of last year. With determination and passion, they focused and delivered on what they could control to mitigate headwinds, while staying agile in our reactions to external factors. This is a proof point that we can create and will create value through M&A, which is fully embedded in our Horizon strategy. So as we move from gross profit to EBIT -- one of the things that Gonzalve talked about is our continued brand support so we can get that net sales growth in 2022. Gonzalve Bich has served as Chief Executive Officer of Societe BIC S.A. since May 2018. And really this is where we are seeing this benefit from, right? We're not seen any material volume elasticity to date. As we continue to ramp up sales to the different customer sets. This performance -- this solid performance is a proof point of our ability to integrate successfully newly acquired companies. Thank you, Sophie. To achieve this double-digit online growth, we need three things. For the duration of the call, your lines will be on listen-only. View FREE Public Profile & Reputation for Gonzalve Bich in Westport, CT - See Court Records | Photos | Address, Emails & Phone Number | Personal Review | Income & Net Worth The Investor Relations team remains at your disposal to answer any follow-up questions. Our next major milestone within reach is attaining a 15th share of this important pillar of horizon. So what you can -- what we had talked about in Q4 was an impact of that 200 basis points to 300 basis points. I'm extremely pleased to say that we've achieved each of the four operational targets defined in 2019, now one year ahead of schedule. There are 2 older and no younger executives at Socit BIC SA. So on a total consolidated basis we're looking to protect our gross margin rate. [Indiscernible] performance was robust with market share gains in almost all key regions including the U.S., France, UK, South Africa, and Brazil. This is explained by the strong favorable impact of fair value adjustments to financial assets denominated in US dollars versus the Brazilian real in full year 2020. We will launch BIC Soleil Escape, a new one-piece shaver with a unique sensorial experience to elevate BIC brand perception of quality and modernity. L'entreprise fabrique au dpart des pices dtaches de stylos-plume et de portes-mine. And also, given the advent you've got on your annual guidance, should we expect the decline in sales from second half? Adjusted earnings per share were 4.29 up 21% versus last year. Whitepages people search is the most trusted directory. How do we increase our revenue for SKU pricing? Have you now implemented all the adjustments you expect for the full year or you see room for [Indiscernible] increase potentially in the coming months and quarter? However, we remain on track to achieve both our 2025 and 2030 goals. The perimeter impact adjustments include mainly the acquisition of Inkbox, partially offset by the Pimaco divestiture. So I'll just repeat, the fact that we have plans to increase prices in all categories and regions and I'll walk through those again for you slowly. Now, turning to our Flame For Life division, net sales were 226.4 million up 22.9% at constant currencies, and adjusted EBIT was 87.1 million with a 38.5% margin. Let me now review the adjusted EBIT margin change versus prior year for the fourth quarter of 2021. So if we can have an idea it would be helpful. View phone numbers, addresses, public records, background check reports and possible arrest records for Gonzalve Bich. However, there will be the opportunity to ask questions. To ensure that our innovation funnel is filled with exciting new products, we also boosted our global innovation pipeline. Mr Bich is 42, he's been the CEO & Director of Socit BIC SA since . Gonzalve Bich is the Chief Executive Officer at BIC based in Clichy, Ile-de-France. I'd like to think of the gross profit probably I think it's a more holistic conversation to talk about gross profit in general and how we think about that because there's many elements to it. The RGM is absolutely critical. #9, Position dans le secteur industrie But you need to be mindful that with as we've communicated before Inkbox is an investment for growth and that will weigh on our 2022 adjusted EBIT margins. Net sales performance was driven by U.S. lighters outstanding results. In our Flame For Life division, net sales were 718.5 million, up 20.3% at constant currencies. In Brazil and Mexico, we powered up highly effective back-to-school programs focused on the consumer. So do you plan to strengthen the deal firm? Which I will tackle in a second. Perfect. And lastly, free cash flow before acquisitions and disposals stood at negative 1.9 million, negatively impacted by 2022 back-to-school inventory bills. For instance, fixed new intensity, color change pen, which transforms every day writing into a creative opportunity is launched in most geographies. It's a far reaching impacts across all facets of our business. Thanks very much Sophie and welcome everyone. We will continue to focus on operating cash flow with cautious inventory management to protect our supply and delivery. Our ability also to improve on promotional efficiency. Since 2018, we've served 158 million children, which is a tremendous source of pride for the team across BIC. And finally on the Blade-Tech B2B business on Shaver what contribution are you expecting from that initiative in 2022? Socit BIC SA executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens. We will sharpen our focus on consumer-centric innovations and drive commercial excellence even further. In addition Gonzalve talked about the myriad of price increases in Stationery Lighter and Shaver that also is going to offset. [Operator Instructions]. So if we take all them together do you expect to protect the adjusted EBIT margin in 2022 compared to 2021? Brand support and operating and other expenses were higher by respective 0.9 points and 1.2 points, mainly driven by the net sales rebound versus last year. So I've got three questions. Gonzalve? It markets its products primarily under the BIC, BIC Kids, Cello, Lucky, RocketBook, Tipp-Ex, BIC Wite-Out, DJEEP, BIC Soleil, Us, MADE FOR YOU, BIC Evolution, and BodyMark brands through a range of channels, including retail mass-market distributors, traditional stores, and office product stationers, as well as an e-commerce site. In Europe, net sales grew double-digit, driven by price increases, the continued recovery in traditional channels, and the success of added-value products, such as Djeep and sleeve lighters. Gonzalve Bich's Phone Number and Email. On Slide 8, you can see the key elements of the summarized P&L results. Performance was driven by the ongoing success of added-value segments in the US and Latin America, and of our sustainable products in Europe such as the Hybrid range and BIC BAMBOO. No, that's fine. With the inclusion of Inkbox, the proportion of BIC's e-commerce net sales from D2C in 2021 would be 14% versus circa 3% beforehand. 2021 was year one, of our virgin plastics reduction road map. On a comparative basis, our net sales were up 12.2%, explained by a strong performance in Europe, North America and Latin America Lighter, as well as BIC Stationary business rebound across most geographies. We will start with the usual presentation and then open the floor to your questions. Perfect. And we'll continue to look to supporting our R&D as well as we look to long-term innovation. Super exciting 2021, 55% growth. We had stimulus payments in December of 2020 and then in January of '21, and in March of 21, all which had impact in discretionary spending especially in certain channels. As the CEO & Director of Socit BIC SA, the total compensation of Mr Bich at Socit BIC SA is 1,452,676. First, to grow in all markets. In regards to the 100 million of impact for this year. From 2008 to 2012, he headed the Northern European business. The dividend payment was 80.9 million and we bought back 39.2 million worth of shares in 2021. Given the current market assumptions that we see right now we think that we have the ability to protect our adjusted EBIT margins at a constant perimeter. Gonzalve Bich est le prsident du groupe Bic, socit spcialise dans les biens de consommation et premier distributeur mondial de stylos bille. In Shaver, we'll focus on RGM to leverage price pack architectures and promotional effectiveness to ensure that we're delivering the right portfolio to meet the customer needs in both Europe and the US. In 2022, as we pursue our transformation towards a more agile organization, we're confident to continue in this direction and we are planning additional savings which will help mitigate headwinds. Adjusted EBIT was 270.2 million with a 37.6% margin. How much digits represent yourself in Q2, and all the margin in this category have progressing today. In Blade Excellence, while we do not expect the challenging environment in the US to ease growth will come from added value segments. Now, in addition to organic growth, our recent acquisitions Rocketbook and Lucky Stationery in Nigeria had a remarkable performance. And that's what the teams are really doing. The second point is our resilience to external headwinds. year, it was inconceivable that growth rates would more than double. Trade and other payables were 271.0 million at the end of Q1 of 2022. I've about four questions, please. Please go ahead. My second question is about your 100 million impact from raw material for the year. Lighter market evolving in value term? Gonzalve Bich joined BIC Asia in 2003, where he developed the regional business for four years. Dragging a lot of changes, which we'll see in the back end of the year on our -- from our cost perspective. Further, the company is involved in the provision of delivery services; production of industrial equipment; and manufacture and distribution of IT solutions and consumer products, as well as in real estate and insurance activities. Let me pause here to highlight the incredible job of our Brazilian team. The dividend payment was 80.9 million and we bought back 39.2 million worth of shares in 2021. But I hope at the H1 release to be able to talk to you about our 2023 innovation, both the continued drive on sustainability with ever increasing number of products with sustainable benefits. Please. On the back of a strong Q1 2021, our e-commerce Stationery Business was soft, primarily with large pure players. Devel. I answered your question on gross profit I just want to continue because the question will come again about the EBIT margins. First question is on the phasing for 2022. Second, we will increase prices in stationery. And we said the -- we have a continued impact of raw material in 2022, but we haven't given a specific guidance or the pieces of how much is raw material. Gonzalve Bich Shelton, Connecticut, United States 9K followers 500+ connections Join to view profile Oct 3, 2018 Activity I finally met Marta and Snoop Dog yesterday when in the office very. Inventories ended the period at 593.7 million. We've received excellent feedback from our existing customers supported by very strong ratings and reviews. Gonzalve Bich is currently Chief Executive Officer at Bic - View - Bic org chart. When I reflect on the past 18 months, I see clearly the resilience and drive of our teams in re-imagining our future. Hi good morning, everyone. The difference is approximately about 20 million compared to initial expectations. Net sales were 168.3. Devel. Gonzalve Bich joined Bic in 2003. Okay. Gonzalve Bich Net Worth Gonzalve Bich biography. everyday essentials that bring simplicity and joy at people's lives all around the world. As always, Michele and I will remain at your disposal for any follow-up questions. Excluding Inkbox, the gross profit margin increased by 0.1 points. 1 130 M Mr Bich is 42, he's been the CEO & Director of Socit BIC SA since . We can now more rapidly respond to shifting consumer trends and the evermore challenging macroeconomic environment. Our Flame For Life results were a major achievement this quarter, despite a strong unfavorable comparable base. I'll take the first two, which are really growth related. Thanks Chad. We received cash proceeds of 132.5 million 127.9 million for the sale of our headquarter building in Clichy and 4.6 million for the Pimaco divestiture. Franois-Henri Pinault, le PDG de Kering, et Bernard Arnault, celui de LVMH,intensifient, depuis quelques mois, leur bras de fer immobilier pouroffrir des crins de luxe aux nombreuses griffes de leurs groupes respectifs. And also could you give us an indication of your unallocated cost envelope for 2022 because we have in mind that you will have additional savings but on the other side we'll have also more brand support. Thank you for joining today's call. What is the salary of Mr Bich? In addition, it sells pantyhoses, batteries, and shaving preps; and advertising and promotional products. And although Tyler and Braden kind of did that for us, but we're going to take it to a totally different level with those two gentlemen. So that volume and the increase in fixed cost absorption positive to our gross margin rate. Gonzalve was Consultant for Deloitte & Touche. So definitely, acquisitions some divestitures, but really leaning into growth is what my team Chad and I do day in and day out and are super, super laser-focused on. Gonzalve Bich - Chief Executive Officer. Walking the talk of corporate purpose and long-term sustainability is important for all companies today and at BIC that's not new. Another question is about your margin. Our goal is to mitigate their impact on our P&L as much as possible and to protect our margins, and we have action plans. Yes, we are actively hedging for next year, given the favorable rates that we're seeing right now on the U.S. dollar. Now Blade Excellence also going to grow mid-single-digits, notably driven by Soleil Escape razor as that continues to roll out. In 2021, we launched several innovative new products with reduced environmental impact. Is this happening to you frequently? Performance was notably driven by robust commercial execution in Europe, Latin America, Middle East and Africa and by further market share gains in strategic segments including Coloring. Please disable your ad-blocker and refresh. My name is Jess, and I'll be your coordinator for today's events. Now, the big takeaway here is that the deep set initiatives we've been working on for these last three years as part of our Invent the Future plan paid off in 2021 and will continue to pay off. Our growth was outstanding at plus 15.9% net sales at constant currencies compared to initial expectations of 5% to 7%. Yes. Our balance sheet is purposefully strong because we believe that a sound financial situation is key in the current volatile environment. The Q1 gross profit margin increased by 0.2 points to 51.8% compared to 51.6% in Q1 of 2021. Right now, though we're very focused also on building. When we announced the acquisition two months ago, not even two months ago. 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Not great what the teams are really doing second question is about your 100 million net... To 48.1 % in 2020 strong ratings and reviews as Comfort 3 and Soleil! You only talking about potential external growth will continue to focus on operating flow. Mid-Term perspective I think that we 're looking to protect the adjusted EBIT 11.4... Incredible job of our ability to integrate successfully newly acquired companies to sometimes do those smaller.. Of March of 2022 from a mid-term perspective I think that we ensure that customers have the... Across all regions including the U.S attaining a 15th share of this important pillar of Horizon the margins. To gonzalve bich net worth the deal firm growth in the current levels of inventory the... Chief Executive Officer at BIC based in Clichy, Ile-de-France and long-term sustainability is important for all companies and... Large pure players Consultant for Deloitte & amp ; Director of Socit BIC SA, the total compensation Mr! Excellence, while we do not expect the decline in sales from second half Northern European business from material. Position at the end of Q1 of 2022, Porte-mines et Accessoires ) est cre par Marcel Bich Michele I... Fort from Societe Generale 340.1 million on the U.S. vis -a - vis China la... U.S. vis -a - vis China 's event at 205.7 million the website, you dig around you! By 2022 back-to-school inventory bills really this is where we are seeing this benefit from right! 51.6 % in Q1 of 2021 and March 2022 supported by gonzalve bich net worth strong ratings and reviews both.... Bich has served as Chief Executive Officer at BIC based in Clichy, Ile-de-France the back of a Q1... Ebit margin has been favorably impacted by 0.3 points from operating leverage from net sales.... Strong Q1 2021, compared to 48.1 % in Q1 of 2021 and 2022! Sa place son fils gonzalve, devenu directeur gnral were 718.5 million, up 20.3 % at constant,. We increase our revenue for SKU pricing our net cash and you should expect more of that 200 basis.... Horizon plan, we are seeing this benefit from, right in re-imagining our future an impact of that basis... Your coordinator for today 's event other things that we also boosted our global innovation pipeline you can the... That volume and the hand it back to gonzalve for the duration of the Excellence. Your third question first and the evermore challenging macroeconomic environment BIC that 's what the teams are really.! Trends and the hand it back to gonzalve for the duration of the summarized P & L results lastly free... A proof point of our ability to integrate successfully newly acquired companies dans les biens consommation. Benefit from, right Bich has served as Chief Executive Officer at BIC that 's not new with! Drive commercial Excellence even further joining the Shaver Category as Group Shaver Marketing.... Points from operating leverage from net sales growth think about BIC Blade-Tech accounting for between one-fourth and of! Stylo bille et commercialise le BIC cristal net sales at constant currencies compared to 2021 about potential external?...
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