BIC BICP.PA reported on Monday an increase in annual turnover, thanks to double-digit growth recorded in Latin America and a sustained performance in Europe.
The group, which manufactures and markets stationery items, recorded a turnover of 2.26 billion euros in 2023, an increase of 9.2% at constant exchange rates compared to the previous year.
Adjusted operating profit increased by 6.9% and adjusted operating margin by 14.7%.
In 2024, BIC expects revenue growth between 5% and 7% at constant currencies, as well as a slight improvement in adjusted operating margin, which would be in line with its objectives for 2025.
The group will propose an ordinary dividend of 2.85 euros per share, compared to 2.56 euros proposed a year ago.
(Written by Lina Golovnya)