Bic: 21.2% increase in adjusted EPS in 2021


(CercleFinance.com) – Bic publishes a turnover of 436.8 ME for the 4th quarter of 2021, up 4.1% at constant exchange rates compared to the same period a year earlier.

The group announces an adjusted net income group share per share of 0.48 euro, against 0.57 euro a year earlier.

Over the whole of the 2021 financial year, Bic recorded sales of 1,831.9 ME, up 15.9% at constant exchange rates compared to 2020. Adjusted operating income for 2021 was 279. 8 ME, up 22.1% compared to 2020.

Annual net income stood at €314.2 million, i.e. adjusted net income per share of the group of €4.29, compared to €3.54 in 2020, up 21.2%.

For the 2022 financial year, Bic anticipates revenue growth of between +7% and +9%. Free cash flow generation for the 2022 financial year should be more than 200 million euros, adds the group.

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