Bic: FY net income group share up 15.5%
(CercleFinance.com) - Bic's 2017 net sales reached 2,020.
3 million euros, down 0.3% as reported (+0.5% at constant exchange rates and up 1.4% on a comparative basis).
Turnover in Europe and growing markets respectively increased by 4.9% and 2.2%. Turnover in North America declined by 1.7% on a comparative basis.
In 2017 Bic's gross margin reached 51.9%, compared to 52.6% in 2016. In 2017 normalized operating profit came in at 400.9 million euros (meaning a normalized operating margin of 19.8%).
Net income group share reached 288.3 million euros, up 15.5% as reported.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
3 million euros, down 0.3% as reported (+0.5% at constant exchange rates and up 1.4% on a comparative basis).
Turnover in Europe and growing markets respectively increased by 4.9% and 2.2%. Turnover in North America declined by 1.7% on a comparative basis.
In 2017 Bic's gross margin reached 51.9%, compared to 52.6% in 2016. In 2017 normalized operating profit came in at 400.9 million euros (meaning a normalized operating margin of 19.8%).
Net income group share reached 288.3 million euros, up 15.5% as reported.
Copyright (c) 2018 CercleFinance.com. All rights reserved.