The Q3 results were surprisingly strong, with all divisions clocking healthy organic growth. E-commerce and strong back-to-school gains in Stationery, all segments performing well in Mexico and some gains in North American shavers supported Bic’s operations. Moreover, full-year guidance was maintained. Nonetheless, given the macro developments, especially in emerging markets, we remain wary of the sustainability of the recent improvements.
29 Oct 2018
Strong Q3, but can this momentum continue?
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Strong Q3, but can this momentum continue?
Societe BIC SA (BB:PAR) | 0 0 1.6% | Mkt Cap: 4,035m
- Published:
29 Oct 2018 -
Author:
Varun Sikka -
Pages:
3
The Q3 results were surprisingly strong, with all divisions clocking healthy organic growth. E-commerce and strong back-to-school gains in Stationery, all segments performing well in Mexico and some gains in North American shavers supported Bic’s operations. Moreover, full-year guidance was maintained. Nonetheless, given the macro developments, especially in emerging markets, we remain wary of the sustainability of the recent improvements.