DIRECTOR OF CORPORATE & SECURITIES AND BOARD SECRETARY
COMBINED GENERAL MEETING May 29, 2024
2
2023: Highlights
2023 Performance and Horizon strategic plan achievements
FY 2023 and Q1 2024 Consolidated results
Sustainable development achievements
Flame for Life division: Growth acceleration in Europe
Governance
AGENDA
COMBINED GENERAL MEETING May 29, 2024
3
2023: Highlights
GONZALVE BICH
CHIEF EXECUTIVE OFFICER
COMBINED GENERAL MEETING May 29, 2024
4
2023 - Another year of profitable growth
ANOTHER YEAR
FUTURE GROWTH
ATTRACTIVE
OF NET SALES GROWTH
ENSURED BY SOLID
SHAREHOLDER
AND OPERATIONAL
COMMERCIAL EXECUTION
RETURN
EXCELLENCE
AND SUSTAINABLE
INNOVATION
COMBINED GENERAL MEETING May 29, 2024
5
Attractive Shareholder Remuneration Policy
210
220
€2.85
€1.42
in million euros
60
60
Ordinary
Exceptional
dividend(1)
dividend(2)
117
120
134
40
40
for 2023 fiscal year
39
7
39
50%
payout2023
ratio(3)
110
95
110
120
81
up to
2024 Share
€40m
buyback program
2020
2021
2022
2023
2024e
Ordinary
Exceptional
Share buyback
Exceptional
dividend
dividend
share buyback
(1) Payable on June 12, 2024, subject to the May 29, 2024, AGM approval - Based on 42,270,689 shares
(2) Payable on September 18, 2024, subject to the May 29, 2024, AGM approval - Based on 42,270,689 shares
(3) Dividend per share / Adjusted EPS Group share
COMBINED GENERAL MEETING
May 29, 2024
6
2023 Performance and Horizon strategic plan achievements
GONZALVE BICH
CHIEF EXECUTIVE OFFICER
COMBINED GENERAL MEETING May 29, 2024
7
FY 2023 and Q1 2024
Consolidated results
FRANÇOISE TAINE
VICE PRESIDENT - GROUP FINANCIAL
CONTROLLER
COMBINED GENERAL MEETING May 29, 2024
8
2023 Key Financial Figures
NET SALES
ADJUSTED EBIT(1)
€2,263m €333m
Change at constant
Change as reported
currency
+6.9%
+9.2%
Change at constant
aEBIT Margin
Currency excl. Argentina
+3.7%
14.7%
Adjusted means excluding normalized items
Before acquisitions and disposals
ADJUSTED EPS(1)
FREE CASH FLOW(2)
€5.70€249m
Change as reported
Net Cash Position
+11.3% €385m
COMBINED GENERAL MEETING May 29, 2024
9
2023 Performance by division
HUMAN EXPRESSION
Net Sales
Adjusted EBIT(2)
€845.9m €60.5m
Margin
+10.2%(1) 7.2%
Growth at constant currency
Adjusted means excluding normalized items
FLAME FOR LIFE
Net Sales
Adjusted EBIT(2)
€851.5m €290.4m
Margin
+3.3%(1) 34.1%
BLADE EXCELLENCE
Net Sales
Adjusted EBIT(2)
€536.8m €68.4m
Margin
+17.8%(1) 12.7%
COMBINED GENERAL MEETING May 29, 2024
10
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Disclaimer
BIC SA published this content on
29 May 2024 and is solely responsible for the information contained therein. Distributed by
Public, unedited and unaltered, on
29 May 2024 11:39:11 UTC.
Bic is one the world leading manufacturers of stationery, lighters and razors. Net sales break down by family of products as follows:
- lighters (38%);
- stationery (37%): ballpoint pens, pencils, mechanical pencils, felt-tip pens, correction pens, erasers, permanent markers, glues, adhesive notepads, etc.;
- razors (24%);
- other (1%).
Net sales are distributed geographically as follows: Europe (30%), North America (39%), Latin America (20%), Middle East and Africa (7%), Oceania and Asia (4%).
BIC 
