BIC - 2020 Universal Registration Document
BUSINESS MODEL
Teammembers: key to our success To support growth and development, we continuously reinforce our teams’ skills and capabilities by providing customized training programs and opportunities for career development. State-of-the-art and responsible production We rely on our state-of the-art manufacturing process, while reducing the environmental impact of BIC factories and protecting team members’ health.
• 11,246 teammembers • 24,202 training days • €466Mpayroll cost
We create high quality, safe, affordable, essential products trusted by everyone
• 25 plants on 4 continents • 92%Net Sales from products manufactured in BIC factories • Long-termprogress in all factories: reducingwater & energy consumption andwaste production • €862,2Mpurchases of rawmaterials, consumables and services • 300 strategic suppliers identified in 2020 •more than 80%of products manufactured in Europe and sold there • €1.456,2MShareholders’ equity • €357.6Mof Net Cash fromOperating Activities • €183.9Mof Net cash position
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Sustainable procurement strategy
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Through our responsible procurement strategy, we strive to minimize the environmental footprint of BIC ® products.
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CONSUMER-CENTRIC STRATEGY Horizon
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Solid financial foundation Through sound cash
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management and a strong balance sheet, we ensure access to the capital needed
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in order to finance BIC operations and growth.
Innovation True to our culture of innovation, we maintain a relentless focus on developing new and innovative environmentally friendly products.
CONSUMER- CENTRICANDOPEN INNOVATION
AVALUE DRIVEN GLOBAL SUPPLYCHAIN
ENHANCED COMMERCIAL EXCELLENCE
• 346 patents granted at the end of 2020 in total • 1.5%Net Sales invested in R&D • 100%newstationery products subject to eco-measurement
CROSS-FUNCTIONAL SUSTAINABILITY
ENGAGEDTEAMMEMBERS
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• BIC GROUP - 2020 UNIVERSAL REGISTRATION DOCUMENT •
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