Bic: reduces forecasts for 2017.
(CercleFinance.com) - Bic has announced that it has reduced its 2017 sales forecasts.
Organic sales growth is expected to be slightly less (+2%) than the previously communicated range of +3% to +4%.
At this level of sales growth, Bic now expects a 100-basis point decline in its standardised operating margin in 2017.
Copyright (c) 2017 CercleFinance.com. All rights reserved.
Organic sales growth is expected to be slightly less (+2%) than the previously communicated range of +3% to +4%.
At this level of sales growth, Bic now expects a 100-basis point decline in its standardised operating margin in 2017.
Copyright (c) 2017 CercleFinance.com. All rights reserved.