BIC - 2019 Universal Registration Document

GROUP PRESENTATION, PERSPECTIVES, AND STRATEGY

Key figures

SALES VOLUME TRENDS

2019

2018

(in million units)

Stationery (Consumer – including Cello)

7,254

6,942

Lighters

1,616

1,536

Shavers

2,587

2,589

PRODUCTION VOLUME TRENDS

2019

2018

(in million units)

Stationery (Consumer – including Cello)

6,330

5,698

Lighters

1,563

1,486

Shavers

2,539

2,611

NET SALES BY GEOGRAPHICAL AREA

Change as reported

Change on a comparative basis

FY 2019

FY 2018

(in million euros)

Group Net Sales Europe Net Sales

1,949.8

1,949.4

0.0%

-1.9%

559.7

558.9

-0.1%

+2.3%

North America Net Sales

765.6

764.4

-0.2%

-4.1%

Developing markets Net Sales

624.5

626.1

+0.3%

-3.1%

MAIN INCOME STATEMENT INFORMATION

Condensed profit and loss account (in million euros)

Change as reported

Change on a comparative basis

FY 2019

FY 2018

Net Sales

1,949.8

1,949.4

0.0%

-1.9%

Cost of goods

935.5

972.1

Gross Profit

1,014.3

977.3

Administrative & other operating expenses

755.5

724.6

Income from operations

258.8

252.7

Finance revenue/costs

2.8

(1.3)

Income before tax

261.6

251.4

Income tax expense

(88.2)

(75.3)

Net Income Group Share

173.4

176.1

Earnings per share Group share (in euros)

3.80

3.91

Average number of shares outstanding (net of treasury shares)

45,598,109

45,056,076

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• BIC GROUP - 2019 UNIVERSAL REGISTRATION DOCUMENT •