BIC Groupe: The latest figures, news and market research on BIC Groupe

Turnover: 2.26 billion EUR (2023)

Country: France

BIC is a French company founded in 1945 by Marcel Bich. It soon enjoyed great success thanks to a revolutionary pen that democratized writing.

It is the market leader in stationery products, notably pens, but also holds strong market positions in product categories such as lighters and men's shavers.

The Group exports its products worldwide.

The company has a market share of around 22% of pens sold in France.

News

Bic makes progress with its new shavers 20/02/2024

In 2023, Bic's sales rose by 9.2% at constant exchange rates and by 1.3% as reported, reaching 2.26 billion euros.
Despite lower volumes in stationery and lighters, the number of units purchased in the shaving segment increased. 9.5% of Bic sales came from products launched in the last three years.
The EZ Reach lighter exceeded the 100 million euro sales threshold and gained 10.7% of the segment by value in European supermarkets in one year.
Sales of the lighter rose by 3.3% at constant exchange rates.
In France, Bic gained 1.4 points of market share in value in stationery.

Bic recaptures the flame 16/10/2023

The non-permanent tattoo market is expected to triple over the next seven years to 1.5 billion euros.
Inkbox sales are in the region of $22 million.
Today, tobacco accounts for only half of the global market for firelighters, compared with 60-70% a decade ago.
In the United States, tobacco accounts for 28% of the flame market.
In Brazil, cooking far outstrips tobacco, with 50% of the flame market, compared with 8% for tobacco.
Bic's largest lighter factory produces 3 million units a day, or 50% of the division's worldwide production.
Bic has a broader vision for shaving, which generated over 15 million euros in sales in its first year.
By 2022, Bic has revised its sales forecasts three times, ending the year up 13.8% at constant exchange rates, to 2.23 billion euros.

Bic reports solid first-half results for 2023 31/07/2023

Group sales for the first six months of the year: over 1.1 billion euros
Stationery sales: 460 million euros (+4.7%)
Shaver division sales: 268 million euros (+11.9%)
Lighter sales: 434 million euros (-0.9%)
Total U.S. lighter market down: 5.6% in volume and 1.4% in value
Lighter-related sales growth in Europe: nearly 7.5
Share of Group revenues generated by e-commerce: 11.8% (vs. 11.3% in first-half 2022).

Bic back on track 13/03/2023

More than 100 billion Bic tips manufactured since the company's inception
Gonzalve, who took the helm of the company in 2018, intends to return it to growth
Bic has set up a 230-strong consumer expert division
His boss is betting on semi-permanent tattooing with Inkbox, a technique using natural dyes whose designs disappear as the skin's cells renew

Bic benefits from the iron health of its pens 16/02/2023

Bic continued to build on the momentum of 2021, which marked the first fruits of "Horizon", its transformation plan
Sales up 13.8% to 2.23 billion euros
The Group's strategy to clean up the number of references in its portfolio

at Marne-la-Vallée, Bic produces the 4 Colours of the world 31/10/2022

1950 Marcel Bich launches the first Cristal Bic pen
1956 Launch of the M10 retractable pen
1970 Launch of the Bic 4-Color pen
2000 Bic inaugurates its Marne-la-Vallée plant
6 factories in France, 24 worldwide.
1.83 billion euros in sales by 2021

Bic acquires French start-up AMI 23/08/2022

The French writing instruments giant has announced that it has signed an agreement to acquire the entire share capital of French start-up AMI (Advanced Magnetic Interaction), which specializes in augmented interaction technology and designed the ISKN Repaper graphic tablet.

Bic resists inflation well 02/08/2022

The manufacturer of pens, lighters and shavers saw half-year sales grow by 15.5% at constant exchange rates, and has revised upwards its full-year outlook
Acquisition of semi-permanent tattoo specialist Inkbox at the beginning of the year
Takeover of Tattly, a small American company specializing in 2-4 day decals

february 17, 2021 - BIC: a company weakened by the health crisis - source(Les Echos)

Due to school closures and telecommuting, the company sold fewer pens, lighters and razors
Net income divided by 2
The Group remains world No. 2 in the stationery sector
With the health crisis, BIC's online sales have increased and now account for 7.3% of sales
BIC intends to expand through external growth

Financial Data

DUNS: 552008443

Legal Name: SOCIETE BIC

Address: 12 BOULEVARD VICTOR HUGO 12-22, 92110 CLICHY

Number of employees: Au moins 1 salarié (2024)

Capital: 161 474 032 EUR

Financial Data:

Year	2022	2020	2019	2018	2016	2015
Turnover	771 094 000	628 033 000	675 055 000	691 135 000	675 728 000	661 573 000
Gross margin (€)	376 247 000	-	1 241 647 000	1 275 854 000	787 271 000	-
EBITDA (€)	107 603 000	-	41 386 000	142 667 000	136 212 000	-
Operating profit (€)	95 320 000	-	78 877 000	159 959 000	145 949 000	-
Net profit (€)	192 773 000	14 141 000	63 097 000	149 840 000	118 635 000	210 666 000
Turnover growth rate (%)	10,1	-7	-2,3	3,5	2,1	-
Ebitda margin rate (%)	14	-	6,1	19,9	20,2	-
Operating margin rate (%)	12,4	-	11,7	22,4	21,6	-
Working Capital (turnover days)	143,5	-	160,5	174	134,3	-
Working Capital requirements (turnover days)	31,4	-	34,5	47,8	39,8	-
Net margin (%)	25	-	9,3	104,6	17,6	-
Added value / Turnover (%)	1	-	200	189,5	72,9	-
Wages and social charges (€)	364 000	-	-609 000	-2 866 000	-	-
Salaries / Turnover (%)	-	-	-0,1	-0,4	-	-

Company Managers:

Position	First Name	Last Name	Age
Président du conseil d'administration	Nikos	Koumettis	59
Directeur général	Gonzalve	Bich	45
Administrateur	Marie-aimee	Bich	66
Administrateur	Timothee	Bich	39
Administrateur	Carole	Callebaut	66
Administrateur	Maelys	Castella	58
Administrateur	Veronique, Marie	Laury	59
Administrateur	Jacob	Schwartz	46
Administrateur	Candace	Sheffield	65
Autre	Pascal, Paul, Richard	Chevallier	53
Autre	Hela	Madiouni	41